Base Resources Share Discussion Threads

[janekane] 29/11/2022 05:23

I’ve taken down the post I suggested we could rise
The bears are rampant in Australia

[janekane] 26/11/2022 07:11

Morning plasybryn
My thoughts

[plasybryn] 25/11/2022 07:26

Sorry wrong thread.

[plasybryn] 25/11/2022 07:25

ASX comment - courtesy ausbiz- Lithium names were left licking their wounds, dominating the list of laggards as concerns about Chinese demand grew as fast as their COVID cases. Allkem shed 8.3%, outpacing losses of between 4.8% and 6.6% for Pilbara Minerals, Liontown, Lake Resources and Core Lithium.

[plasybryn] 24/11/2022 18:08

Well let's hope the Board can install some much needed confidence and excitement tomorrow at the AGM. The share chart looks terrible. I hope the Board are a bit more honest and detailed about where we stand on Tolaira

[janekane] 21/11/2022 05:34

Sentiment has waited in OZ looks like the bears are ruling the roost

[janekane] 19/11/2022 13:22

Morning plasybryn
Monday 21/11/22 could be interesting regarding share price movement
Looking forward to the trades recorded on the Sydney exchange site (bulls or bears) at 0500 gmt Monday morning
Good luck all

[janekane] 18/11/2022 07:57

Morning plasybryn
We are not able to predict “if or when “ the negotiations reach agreement as the talks could reach a verbal agreement but then all the legality bits need to be put into place on paper
However as soon as we reach this point then a contract would be signed that sets out the terms and conditions agreed and that will be signed
All stakeholders would then be informed as soon as this pen hits the paper
My expectations for today is we drop .25p on the bid
Difficult to say but I’m going to stick this one out with the knowledge that until we get news the share price will move further south until we get the Memorandum of understanding draft agreement
Have a nice day
Jane

[plasybryn] 17/11/2022 07:52

MD Tim Carstens presents at the TZMI Congress today

[plasybryn] 17/11/2022 07:50

Doesn't look like we will get Fiscal Terms for the AGM next week but hopefully during Jan. 2023 could turn out to be a big year for BSE.

[plasybryn] 17/11/2022 07:48

Discussions with the Government of Madagascar on the fiscal terms applicable to the project are now at an advanced stage, with a clear pathway for agreement to be reached, and the suspension of on-ground-activities lifted. Once fiscal terms are agreed and the suspension is lifted, there will be approximately 11 months' work to complete prior to FID, including finalising financing, completing the land acquisition process and concluding major construction contracts. From latest presentaion. Expected Jan 2023 now.

[janekane] 10/11/2022 10:14

Community engagement in Toliara
While we have not been able to have meaningful engagement with our stakeholders in Madagascar as a result of our suspension, we continue to receive positive support from the Toliara communities calling for the resumption of our activities.
This refers to communication with us the shareholders referred to as stakeholders by the Australian stock exchange
PreviousMoreYes it’s taking a long time to get a result
I do agree that these negotiations are exceptionally long winded

[mjneish] 10/11/2022 09:19

Jane I haven't been able to read the report yet. I was going by what you said only, so may have misunderstood what you meant.

[janekane] 10/11/2022 08:32

Morning mjneish what page are you referring to that states that negotiations have hardly got going
there have been ongoing negotiations since the suspension in November 2019
I do agree with comments posted here from time to time that these negotiations are taking a long time to agree fiscal terms that BOTH participants can move forward with
Legally I believe that we own the licence to mine in toliara area Madagascar and this could have the effect of restrictions on the ministry of mining to reallocate to another company
However this could mean that negative negotiations continue for the life of the license and the extended period for extending the license with the outcome that after the 20 year period then the licence will become null and void

[mjneish] 10/11/2022 07:39

Yes but they're saying that negotiations have hardly got going.

[janekane] 10/11/2022 06:39

Being trying to open the report since 04.30 without success so I am thinking we can’t view it till 0700 slight drop in OZ of 6% at the moment but am expecting the share price to close level from the days beforehand

I have now been able to read the report and find it very informative I particularly licked this little bit on page 56

Community engagement in Toliara
While we have not been able to have meaningful engagement with our stakeholders in Madagascar as a result of our suspension, we continue to receive positive support from the Toliara communities calling for the resumption of our activities.

[plasybryn] 09/11/2022 22:34

Sustainability Report out - RNS

[janekane] 09/11/2022 08:21

6% rise in OZ yesterday speculation is rife in Australia

[janekane] 07/11/2022 16:10

Shortage of stock plus speculation in OZ

[plasybryn] 07/11/2022 14:37

What's going on? Insider info!

[janekane] 07/11/2022 05:31

2% rise in OZ at the moment

[janekane] 06/11/2022 18:19

ASE opens at 2300 GBT tonight I will be watching the ASE market at 0500 in the morning
Hopefully we should see a small tick up

[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.