Base Resources Share Discussion Threads

[brownmruk] 08/9/2023 15:55

I would have thought this is exactly the sort of drop you would expect from a 2p dividend going xd and see no need for speculation about other causes.

[janekane] 08/9/2023 05:58

Catastrophic drop in share price in Australian market it’s down 17% at the time ime posting this ,could drop the UK. Market by 1.75p My thoughts are for all the long term holders and don’t suffer this drop

Good luck all let’s hope there is not more bad news in the background and this is just the EX DIVI DROP
Jane

[soleman1] 07/9/2023 09:03

Mad isn't it, people just throwing money away. I just got another 42.5k shares under 11p :)

[goldry] 07/9/2023 08:43

I thought ex-div was tomorrow?

[janekane] 03/9/2023 05:10

Effects
the outcome of agreeing fiscal terms led to a contract being agreed
So is correct

[mondex] 02/9/2023 17:48

QMM is 20% owned by the Madagascar govt. I suggest that effects reaching n agreement.

[plasybryn] 02/9/2023 07:39

Shows things can happen. I consider this as a very positive signal. Any thoughts?

[janekane] 29/8/2023 14:09

Just about 2.01 pence per share dividend on 100000 pays £2010.00.

[plasybryn] 28/8/2023 08:22

Up 12.82% on ASX

[plasybryn] 28/8/2023 07:35

African mineral sands producer, Base Resources Limited provides the following information about the final dividend of AUD 4.0 cents per share, unfranked (FY23 Final Dividend) announced today. Key dates The key dates for the FY23 Final Dividend are as follows: Ex-dateFriday, 8 September 2023Record dateDate of exchange rate used for conversion to GBPMonday, 11 September 2023Announcement of exchange rate and dividend amount in GBPWednesday, 13 September 2023Payment dateThursday, 28 September 2023

[plasybryn] 19/8/2023 18:00

Recovery in the share price continues - what do they know?

[janekane] 04/8/2023 15:08

mjneish
speculation
noun

the forming of a theory or conjecture without firm evidence.
"there has been widespread speculation that ???????????????̶1;
Ime certainly not going to disagree or argue with your response although your post like mine is pure speculation and fits the evidence
Although mine was more a question than actually speculating it was speculation
You say she say
She say you say
Trading penny dreadful stock is always based on 51% speculation 49%. Facts
Example
Madagascar has the potential to be the world’s biggest mineral mine country in the world
Was this speculation it certainly hasn’t been proven
This taken from a quote in 2018
Have a nice day

[mjneish] 04/8/2023 11:31

Saying that it's speculation is itself speculation. The fact of the matter is we have no idea what's happening.

[plasybryn] 04/8/2023 10:22

Or some expecting a dividend will be announced soon.

[janekane] 04/8/2023 10:18

Morning plasybryn
“Speculation “

[plasybryn] 03/8/2023 12:22

Whats occuring?

[janekane] 26/7/2023 06:52

Morning mjneish the problem with base is not their ability to get the tolaira mine moving it’s the mismanagement of previous government officials
The Russian influence via social media
This problem reared it’s head in 2018
There will be a new government in 2024 who will look at the mismanagement regarding licence approvals
I started selling my shares in February and with my dividends reinvested got an average of 16.5p a share showing e a massive profit
Look at the chart above to see my judgment was correct
Base in Kenya has another year or a little longer before the mine is finished
At this moment in time I still consider Base a strong sell
Good luck to you if you have bought into base I hope you make money but my strategy would be to wait and see what the outcome is at the end of this year
I also believe taking a short position is prudent at this time
Have a nice day

[mjneish] 25/7/2023 10:33

Interview with Proactive:

[mjneish] 25/7/2023 10:16

If they were about to give up on Toliara, it would be strange to come out now of all times with such detail.

[janekane] 25/7/2023 09:01

Morning plasybryn falling in love with your investment is the biggest mistake any one investing in a company can make
Good advice for a falling knife is never try to catch it
And if you try to sell of downward trends you contain your losses
Strong sell

[plasybryn] 25/7/2023 08:13

The cash (as at 30 June 2023, the Company had cash of US$92.9 million and no debt") is a good part of the Mkt Cap at £104m.