Base Resources Share Discussion Threads

[janekane] 29/3/2022 04:39

We should get a small tick up today as trading in Australia yesterday was bid 34 cents offer 34.5 cents GBP =19p. 19.5p

[dangersimpson2] 28/3/2022 11:54

Eventually, that real profitability becomes dividends. The economics of Toliaria are such that the annual dividend could eventually exceed the current share price. Not a share to be trading or second-guessing market reactions to announcements, but if you believe that shares are stakes that represent partial ownership in real businesses and are worth the NPV of the cash they will generate in their lifetimes, then the patient reap these rewards.

[brownmruk] 28/3/2022 11:45

At the risk of sounding old and bitter - the problem is the market doesn't seem to care about ethical credentials or real profitability. The market prefers unrealistic hype about future potential.

[plasybryn] 25/3/2022 21:01

I agree. They seem to operate in an exemplary way and dare I say I'm proud to read some of their achievements which are well communicated on Twitter.

[janekane] 25/3/2022 19:09

The way our company has operated in Kenya has been a great success with the infrastructure created for the local inhabitants and workers as testament to the way it values the local population
Absolutely life changing schools ,hospital ,medical centres roads massive increase’s in small to medium companies supplying all of the local needs and our living’s needs of a tremendous workforce
Something the ministry of mining Madagascar must be aware of

[marktime1231] 24/3/2022 18:32

Well they weren't making much progress with the old regime, so let's hope there is now a real chance of progress.

[plasybryn] 24/3/2022 18:15

The share price keeps ticking up which might suggest things are more favourable.

[plasybryn] 24/3/2022 18:14

I wonder how soon it will be before the Co get a feel if the new Minister for Mines is going to be amenable to granting permits. I bet they are trying to get an audience with the new Minister to make the necessary introductions and discover how they can satisfy his/her requirements. In the meantime it's hard to know if our chances have improved or not.

[brownmruk] 24/3/2022 17:44

Interesting discussion on the probability of Madagascar go-ahead. I invested here in 2018 thinking there was a chance I'd get my investment returned in dividends regardless of Toliara. I'm still holding despite being no clearer on the chances of reaching an agreement for Toliara.

[plasybryn] 24/3/2022 16:52

I'm not a big holder either but over 100,000 and keep adding from time to time. It's a bit binary and Kenya's limited life does concern me a bit. But like you with Madagascar I see this as a multi bagger. I also love all the ESG activity as communicated via Twitter. I can align with that and it makes me feel good about my investment. They deserve to succeed and I remain optimistic that they will.

[plasybryn] 24/3/2022 16:46

Thanks - I got confused by your words our employees. I took that to mean you were also an employee . My mistake.

[janekane] 24/3/2022 13:33

Ime just a small holder less than 60k shares spotted the potential here a few years ago been adding with my divi payments if Madagascar delivers I believe that there is more than 50% probability of this happening
we will be elevated out of the penny share environment into the pound uk status

[plasybryn] 24/3/2022 06:06

Thanks Jane. Could I enquire what your relationship is with the Co. please?

[janekane] 24/3/2022 05:26

Yes I agree with your assessment of the situation
Bearing in mind that quiet a few of our employees are Australian
Australia last night offer share price converts to 20p GBP

[plasybryn] 23/3/2022 20:24

Very quiet thread. Nicely under the radar. I wonder how confident investors are that we will get the go ahead at Madagascar in Q2? I suspect Australian investors are slightly better informed but I consider there to be at least a 75% chance. Any others care to share their views?

[janekane] 23/3/2022 06:58

Ime expecting a rise today as the bid in Australia has risen to AUD 0.32 cents that’s GBP 0.1797p

[janekane] 19/3/2022 08:45

Morning let’s hope it’s a good sign that our fiscal agreement can get agreed

[plasybryn] 18/3/2022 06:26

On Twitter today from Co. New Minister of Mines and Strategic Resources appointed in Madagascar ...-midi--madagasikara-mg.translate.goog/politique/2022...

[janekane] 11/3/2022 07:07

SP will drop today by 0.03 AUD 1.68 GBP AS WE GO EX DIVI
Austria share price last night after drop Bid 0.29c. Offer. 0.31c

[janekane] 10/3/2022 05:22

Australian trades thus far offer 0,34 Aud bid 0.335 Aud
Buys 1198331
Sells 11652
Don’t knows 359240 ( could all be buys )

[janekane] 09/3/2022 07:40

The market in Australia last night (yesterday) BUYS 667674 SELLS 300492
DONT KNOWS WHICH LOOK LIKE BUYS 185367
So again we are getting lots of recognition by the Australians
We could get a small rise again today hopefully 0.25p
Roll on good news from Madagascar

[janekane] 07/3/2022 17:36

Good market today
Looks like we may have got a little mentioning in one of the penny dreadful tipster sheets
And as with this one getting it right occasionally

[plasybryn] 03/3/2022 17:25

Danger - "Talk on the ground is that Toliara will be the next big one".
Base will transform into a different Co. if the fiscal terms are agreed say by end of April. It is encouraging to hear that other projects do seem to be given the go ahead after such a long moratorium of inaction. The DFS2 just shows what a fantastic project this is. But we've got news to come on North Dune ( DFS study expected June quarter I believe) and other Tanzanian drill results I believe. And of course ex dividend on 11th March. I do rate these guys and in this climate where ilmenite etc is in high demand I feel 2022 could be the year BASE Resources moves into overdrive. We can but hope.

[janekane] 02/3/2022 05:16

Yes I do
It will double and potentially a ten bagger on news regarding the years life expectancy of the mine ( Madagascar)

[plasybryn] 01/3/2022 19:58

Thanks danger. Interesting and encouraging comment on Madagascar. If we get the go ahead does anyone have a view on the share price?