Base Resources Share Discussion Threads

[plasybryn] 04/11/2022 07:55

Up 4.17% on ASX. News can't be far away with AGM later this month. Elections in Madagascar next year i believe, putting pressure on them to advance positive developments like Toliara. Is that the line of thought now. Fiscal Terms have taken a lot longer than were originally envisaged. It has been like watching paint dry. Let's hope they can finally get Terms agreed for the AGM. The share price will then re-rate very quickly. Oh come on just get it sorted.

[janekane] 04/11/2022 07:22

Looking like we could get a small rise in the bid today qA

[mondex] 01/11/2022 14:19

BASE RESOURCES LIMITED
Notice of change of interests by Significant Shareholder

Base Resources Limited (ASX & AIM: BSE) (Base Resources) advises that it has
today received notification from Regal Funds Management Pty Limited and its
associates, Regal Funds Management Pty Limited and Regal Partners Limited,
(together, Regal) that, as at 28 October 2022, Regal had decreased their voting
power in Base Resources to 105,146,415 ordinary shares, representing 8.93% of
the total Base Resources ordinary shares on issue and constituting a
significant shareholding for the purposes of the AIM Rules for Companies.

Regal's interest in 105,146,415 ordinary shares is held as follows:

Holder of interest Nature of interest Registered holder of Number of ordinary
shares shares

UBS AG, Australia Holder of shares UBS Nominees Pty Ltd 33,138,923
Branch

Morgan Stanley & Co Holder of shares HSBC Custody 4,831,239
Intl PLC Nominees (Australia)
Limited A/C 2

Merrill Lynch Holder of shares Merrill Lynch (Aus) 37,970,176
International Nominees Pty Ltd
Limited

J.P. Morgan Holder of shares J.P. Morgan Prime 29,206,077
Securities PLC Nominees Ltd

The decrease in Regal's holding for the purposes of the AIM Rules for Companies
was the net result of the disposal and acquisition of ordinary shares, in each
case, on and from 14 June 2022.

Regal disposed 50,523,786 shares for an average price of A$0.286 per share
between 14 June 2022 and 28 October 2022. It acquired 38,611,367 shares for an
average price of A$0.282 per share between 20 June 2022 and 26 September 2022.

[plasybryn] 27/10/2022 07:45

Absolutely. I am sure there is no doubt whatsoever that they will be as keen as anyone to release news as soon as it is received. Madagascar is after-all a Co maker.

[janekane] 27/10/2022 06:08

Morning plasybryn
If the company received any news from our negotiations with the Madagascar ministry of mines regarding any movement forward then they are legally bound to inform us the shareholders and the market immediately

[plasybryn] 26/10/2022 19:58

I'm pretty sure they don't know anything we don't. I think some people said to themselves i'll given them to say end of Q3. Perhaps others might say till the AGM. I'm of the view the Co. will want to have something more concrete to say by the AGM and will therefore be doing everything they can to get Govt commitment. I think the co. expected to be further advanced than this by now and i'm sure they will be getting highly frustrated putting max. pressure on the Govt.

[janekane] 26/10/2022 16:36

Toliars always going to be a concern however it’s been subject to being suspended for 3 years next week
We need news but unfortunately this problem could go on for the life of our mining licence
I also believe that the words about progress from the company are credible but the Madagascar gov have been cheated so many times by unscrupulous countries exploiting their naive history in dealing with these mega rich countries
so they have bunkered down and we are the patsy in the middle
However if they look at our records of repatriation of the sites in other African countries that we currently have mining contracts they are examples of a very caring company regards the land and the people living there

[mondex] 26/10/2022 14:57

Sorry, some not sime (fat finger!)

[mondex] 26/10/2022 14:56

Plasybryn,
I hope your optimism is not misplaced. However, I have noticed the gradual price erosion of BSE ASX over the past month followed this week by a lot of sells on LSE. Do sime investors know something or is this a result of people losing faith because of the Toliara signing delays?

[plasybryn] 26/10/2022 09:17

Co. saying next year's election is increasing pressure on them to sign off the fiscal terms. Perhaps we will hear more before or at the AGM on 25th Nov. I can see sellers kicking themselves very soon but perhaps i am overly optimistic.

[janekane] 26/10/2022 08:39

Aussies jumping ship

[plasybryn] 25/10/2022 14:06

Beginning to look a bargain if we believe Madagascar is just a matter of time.

[janekane] 25/10/2022 08:44

I have been in business for most of my life and the one thing learned over these years is to concentrate on potential asset’s
I also can envisage our directors changing tack with the further extension of exploration in Kenya and Tanzania
Madagascar should never be discarded but we need to edge our bets
To this extent the board are showing massive forethought and planning with regards to our future
Jane

[plasybryn] 25/10/2022 07:20

Toliara Project development - Madagascar Discussions with the Government of Madagascar on fiscal terms, and lifting of its on-ground suspension, continued to advance in the quarter with positive progress made.

[plasybryn] 25/10/2022 01:25

Sept Quarterly RNS

[janekane] 19/10/2022 14:45

Hi plasybryn pity it’s not Madagascar

[plasybryn] 18/10/2022 22:28

On Twitter:- Employment Opportunity:Base Titanium is looking for qualified candidates to fill the following positions1. Auto Electrician (Heavy Mobile Equipment & Light Vehicle)2. Heavy Mobile Equipment Mechanic3. Mechanical FitterCandidates are encouraged to apply before 29th Oct 2022.

[plasybryn] 18/10/2022 07:41

Not long to wait now as Nov. AGM announcement will undoubtably have an update. I'm remaining optimistic for positive developments.Fingers crossed.

[janekane] 18/10/2022 07:19

The Australian holders are losing interest patience and the words “ fiscal agreement “is now running thin

[janekane] 17/10/2022 07:08

We could see a significant drop today

[janekane] 10/10/2022 14:01

Morning plasybryn no I haven’t any information other than what we have been told
Have a nice week
it could get a lot better very soon

[plasybryn] 06/10/2022 11:58

Any news from your end janekane? Are investors going to be caught out when we get positive news (hopefully) on Madagascar? If we get the Fiscal Terms signed off pre the AGM in November, what can we expect in terms of buying activity. A frenzy or something more constrained? Whatever happens, the Co. will have to update shareholders at the AGM. Not long to wait. Still lots of very positive Co. Twitter activity (mainly ESG issues) which is always encouraging to see as they build relationships and local support at all levels.

[plasybryn] 05/10/2022 23:02

The AGM in November is in sight. Is it reasonable to expect an update on all our projects before then. The noise earlier in the year suggested Fiscal Terms on Madagascar would have been granted by now. So i'm sure they will want to extend every once of effort to get a positive result pre AGM.Our patience has been tested but this could be a transformational quarter. Lets hope so?

[plasybryn] 23/9/2022 09:24

Got mine from H.L. this morning. Nice to see some of the dividend appears to being reinvested.