Base Resources Share Discussion Threads

[janekane] 07/10/2021 07:17

Well that news today explains the large share buy on the 30th of September
Interesting time ahead
The market in Australia was good yesterday we were up nearly 3% so let’s see if it rubs off anto us today
Good luck to all holders in the UK as our little company has very large institutions looking long and hard at us

[soleman1] 06/10/2021 18:56

Is anyone else still waiting for the divvi? I'm with hsbc and it's held in an isa.

[plasybryn] 06/10/2021 12:55

The Toliara Project DFS Study 2 is an impressive piece of work.
Worth studying.
This recent short video is also worth a listen. Amazing potential.


[...]

[janekane] 01/10/2021 12:55

Massive buy in Australia yesterday 266;681;179( two hundred and sixty six million six hundred eight hundred and one thousand one hundred and nine buys against 151760 sells
Massive institutional buyer I couldn’t get the actual trade on my screen as it only went back in our time IE every trade before 12 midnight UK time my app won’t go back a day
Got my divi yesterday
Should get a RNS either tonight or Monday morning telling us who the buyer is
The news from Kenya is very good it keeps us busy till 2024 /2025

“With the recently released Bumamani Pre-Feasibility Study supporting further extension to Kwale mine life to mid-2024,


the focus is on completing the Definitive Feasibility Study and securing the required tenure arrangements. Looking further ahead, we are pursuing wider exploration opportunities in both Kenya and northern Tanzania.”

[marktime1231] 01/10/2021 12:26

Phew my divi finally landed.

Does anyone know if the net effect of the deal announced yesterday improves the accounts and balance sheet?

[marktime1231] 30/9/2021 16:08

The backdated Kenya royalty agreement announced today, and writing off the VAT reclaim, are described in positive terms, but is it good news? Worth it to extend Kwale? The share price on the up.

[marktime1231] 30/9/2021 16:00

My divi still not landed grrrrrrr.

[brownmruk] 30/9/2021 12:41

Dividend now paid by II

[janekane] 29/9/2021 19:21

Ime with III and haven’t got mine yet

[marktime1231] 29/9/2021 16:50

Forgot it was payday, but it has not arrived.

Canaccord upped their target price to 50p on the strength of that Toliara pitch, even allowing for the chance that BSE may have to give up a 20% stake to the Minister of Mines.

[brownmruk] 29/9/2021 15:33

Also, just checked back to the dividend announcement and it is being paid out of conduit foreign income so we will not have to suffer withholding tax - yay!

[brownmruk] 29/9/2021 15:20

No, nothing from II yet. Got it on pay day the last time.

[janekane] 29/9/2021 13:31

Anyone had the divi payment yet today

[janekane] 27/9/2021 14:13

Fidiniavo Ravokatra

[marktime1231] 27/9/2021 13:00

That was Base presenting a very long business case for Toliara, rehashing old data and revisiting its investment plans to emphasise what an exciting (stalled) prospect it is. Who do you think it was trying to send a message to?

[plasybryn] 27/9/2021 07:59

Are we any further forward getting approval to proceed?

[plasybryn] 27/9/2021 07:00

Key points:Increase of LOM free cash flow by 60% to US$5.9 billion, with first 10 years averaging US$210 million paStage 2 scaled up to increase mining rates by 33% to ~25Mtpa and increasing MSP production capacity by 47%The increased scale of the Toliara Project is underpinned by significant increases to the Ranobe Mineral Resources and Ore Reserves estimates and the long-term supply-demand outlook for mineral sands:Ranobe Mineral Resources estimate has almost doubled to 2,580Mt at an average heavy mineral grade of 4.3%Ranobe Ore Reserves estimate increased to 904Mt at an average heavy mineral grade of 6.1%, a 45% increase in contained heavy mineral, supporting an initial mine life of 38 yearsStage 1 capex cost, to establish a 13Mtpa mining processing operation, has increased by 18% to US$520 million, primarily due to cost escalationStage 2 capex cost increase to US$137 million due to scale up of the operation to 25Mtpa mining rateAnnual averages (excluding first and last partial operating years):Production of 960kt ilmenite (sulphate, slag and chloride), 66kt zircon and 8kt rutileRevenue of US$317 million – 65% ilmenite, 32% zircon and 3% rutileEBITDA of US$219 million, NPAT US$152 millionFree cash flow of US$174 million

[janekane] 24/9/2021 09:01

460047 buy @ 27c in Australia after the bell hence our little rise

[janekane] 23/9/2021 16:14

Have we being tipped somewhere we are starting to get a better market

[janekane] 22/9/2021 15:12

ESG is working well in Kenya ,schools ,work ,doctors ,houses child vaccinations all good for the locals

Madagascar nothing happened yet as all activities on hold

[plasybryn] 20/9/2021 15:36

BASE seems a great ESG Company that takes all these issues very seriously. They use Twitter a lot to explain what they are doing on these softer but still very important issues. Winning hearts and minds etc. I think they should demand quite a lot of respect. I'm sure the powers that be in Kenya & Madagascar are fully aware of these responsible actions and programmes. Well done BASE.

[janekane] 20/9/2021 10:29

I deleted this post as it looks like discussions are moving forward

[plasybryn] 20/9/2021 07:32

The officials were on a stakeholder visit to benchmark and understand how Base has been able to manage and implement its Occupational Health and Safety (OHS) programmes and entrench a culture of safety among staff and contractors.

[plasybryn] 20/9/2021 07:31

Twitter today; Base Titanium had the pleasure of hosting officials from The Directorate of Occupational Safety and Health Services (DOSHS) led by Secretary OSH, Dr. Musa Nyandusi at the Kwale Mine.