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Delays, but Beadell Resources stock 'cheap'

Elise ShawMarkets Online Editor

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Hartleys has a "speculative buy" on Beadell Resources and a 12-month price target at 43¢.

"Beadell Resource has announced that due to regulatory approvals at the Duckhead deposit, there will be a short delay to commencing the open pit cutback. The Duckhead cutback is planned to contribute 20koz.

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Elise Shaw writes on Markets specialising in Equity Markets, Commodities, Mining. Based in our Sydney newsroom, Elise has over 25 years experience as a finance and markets journalist and editor. Connect with Elise on Twitter.

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    Original URL: https://www.afr.com/markets/equity-markets/delays-but-beadell-resources-stock-cheap-20150717-gieiaq