Base Resources Share Discussion Threads

[macc1] 21/9/2020 13:41

Video interview with CEO Tim Carstens on this page: hTTps://www.youtube.com/c/FiveMinutePitchTV/videos

[plasybryn] 14/9/2020 13:43

Not long to wait.

[janekane] 14/9/2020 13:37

Payment date 7th October

[plasybryn] 14/9/2020 10:58

Ex dividend on 18th.

[dangersimpson2] 01/9/2020 13:00

Nice breakout - amazing what a dividend can do to focus investors minds on the level of undervalution here.

[ntv] 31/8/2020 17:15

thanks for the link homebrewruss

[homebrewruss] 27/8/2020 11:43

A new proactive interview with the CFO: hTTps://www.youtube.com/watch?v=QomsqKN9pqw

[janekane] 26/8/2020 16:03

If I could buy between 15.25 and 15p then if it was my Quote I would take it This is not a day traders dream but over the next 12months it should give a good return on today’s SP

[shwetal] 26/8/2020 08:18

Any sincere thoughts on why I am being shown market best possible indicative price rather than the real one ??!!

[shwetal] 26/8/2020 08:16

It's not giving me any quote.

[janekane] 24/8/2020 18:11

Press news tomorrow

[janekane] 24/8/2020 18:08

I think there are about 2 Aud to pound sterling so about 1.6p divi not bad for maiden

[dangersimpson2] 20/8/2020 10:07

It would be great if that happened but unless people have failed to do the basic maths the market already knows they generated $43.2m of FCF in Q4 and have over half their market cap in net cash. It will probably take news on either FID on Toliara including agreed funding or a significant LoM extension at Kwale to get this moving. If it doesn't move though they could have more net cash than the current market cap by the end of 2021 so I totally agree with the "grossly undervalued" statement!

[janekane] 20/8/2020 08:41

Monday’s update should shoot us north Ime expecting great news

[janekane] 27/7/2020 12:21

I think this is grossly undervalued

[cruxinvestor] 25/6/2020 13:22

Hi guys, here is our recent interview with Base Resources MD Tim Carstens: https://www.youtube.com/watch?v=fClZYcqCY-8 Everything appears to be going well, except for the share price. It is half of what it was when we spoke to them in Oct 2019. This has likely been caused by two things: 1. The high-grade, high-margin project in Kenya is coming to end of life and the returns will drop. There is a second lower-grade project commencing but will be less rewarding. They need to spend time and money on exploration and development to ensure kenya continues to contribute revenues and profit rather than just stand still 2. Uncertainty over Madagascar as a mining jurisdiction, given ongoing discussions with the government over terms on the royalty and taxes. We feel this will resolve itself and possibly by the end of the year. The financing is not yet in place for new flagship asset, Toliara, but should not be an issue, however, the cost of the finance, given the faltering start to the project, may have just gone up. Only the terms of the agreement with the madagascan govt will tell. Technically, this is a simple and relatively low capex business. Castens is a straight talker and he thinks he has a clear path towards getting Toliara into production and driving up the largely institutionally-held stock. The only thing that is uncertain is the timeline, and if Kenya can return to darling status. Let us know your thoughts!

[janekane] 11/5/2020 05:17

Massive problem with that we don't have any punters

[cheshire man] 09/5/2020 09:03

Punt of the week in The Mail

[janekane] 07/5/2020 07:41

She link the company posted today is not valid

[dangersimpson2] 27/2/2020 16:01

My notes from today's conf call: - No coronavirus impact on ilmenite pricing yet, highest price yet has been negotiated for March shipment. - Zircon slightly weaker pricing, but low inventories throughout supply chain medium-term supportive. - Rutile mainly Western pigment producers so no effect yet. - Long-term end-user demand effects unclear at this stage, but short term, customers wanting additional volumes. - Toliara government fiscal terms, slow going but moving in the right direction. - Toliara project timing still on track, any short delay to FID not material to project. - Toliara funding still progressing all options. - Any JV at the project level likely to be with downstream customer = win-win for security of supply.

[cpap man] 07/11/2019 11:05

SP Angel - Morning Notes Base Resources (BSE LN) 10.5p, Mkt Cap £123.0m – Site activity suspended at Toliara* Base Resources, reports that the Government of Madagascar has ordered that activity on-site at the Toliara mineral sands project is to be suspended “whilst discussions on fiscal terms applying to the project are progressed”. The company stresses that, as all the necessary work on site has been completed, the Definitive Feasibility Study (DFS) is continuing on track for release in December 2019. “Unfortunately, however, this suspension will impact the community development programs currently underway and the several hundred local Malagasy people who are presently undertaking training programs with the Toliara Project. This is clearly regrettable”. Base Resources confirms that there is broad community support for the project and that it “will continue to engage in a transparent and respectful dialogue with Government to deepen its understanding of the significant benefits of the project to Madagascar and secure agreement on mutually beneficial fiscal terms that represent a sound and sustainable basis on which the Toliara Project may proceed to development”. The company does, however, cite “recent localised events have represented illegal actions by a small minority that were dealt with by the Malagasy legal system. It is therefore disappointing that the Malagasy government has now stated this as a justification for requiring a suspension.” Conclusion: There is no indication as to how long the suspension is likely to prevail at Toliara, however, we are encouraged that the DFS, which should provide insight into the proposed project development, remains on course. We expect that the suspension and its impact on the local communities and disruption to the training of future employees will add a level of urgency to reach an agreement between the Government and the company which recognises the objectives and aspirations of both. *An share price Angel analyst has visited the Toliara mineral sands project in Madagascar

[andrbea] 07/11/2019 09:50

Https://uk.finance.yahoo.com/news/base-resources-limited-toliara-project-074300742.html