Base Resources Share Discussion Threads

[plasybryn] 22/12/2022 12:59

Thanks that is encouraging. Perhaps things are finally moving to our advantage. Fingers crossed.

[janekane] 22/12/2022 07:41

Massive confidence in Australia yesterday / this morning
Shares bought 5.108.555
Shares sold. 442644
Shares that could be buys or sells 270733
Confidence is very strong

[janekane] 21/12/2022 03:58

The bulls in OZ are rampant today have they been the recipient
Of leaked news
Willl we get another .25 p rise again today in good old Blighty
One million more shares bought than sells
Director buying 425000 is a wonderfully reassuring sign of confidence

[plasybryn] 15/12/2022 06:55

What is driving that sentiment?

[janekane] 15/12/2022 06:04

Another strong market in OZ yesterday “this morning”Ime expecting another .25p rise today

[janekane] 08/12/2022 06:01

Another 100000 buy today should push the bid to 12p

[janekane] 07/12/2022 05:46

It’s getting better plasybryn
We are getting traders (buyers sellers ) there’s a distinct amount
Of people who are confident of a more elastic market
Recent posts suggest shortage of stock
This is good ,it encourages more investors willing to take profits and ultimately share price moves north

[plasybryn] 06/12/2022 19:23

A much more positive day but still a long way back up to late teens!

[janekane] 05/12/2022 19:22

Thanks plasybryn the trades are mostly old wives tales but when you get 2 small identical trades then another that shows double numbers ie trades 13 and 14 4142
And then 18 4184
Will lots of brokers holding stock for clients who they know will take profits these little insignificant trades as mentioned 13. 14. 18 it’s a query (open letter ) “who got stock for sale, information requested before offering trades on the order book ( level 2) this may be oldwives tales as all trades are computed
But traders in all sectors of financial transactions need to know who’s got clients willing to buy, sell, lend long or short it’s the way the world revolves

[plasybryn] 05/12/2022 16:49

Do you know about these Trade things. I thought it was old wives tails?

[plasybryn] 05/12/2022 16:49

janekane

Presidential elections are scheduled to be held in Madagascar in 2023.

[janekane] 05/12/2022 15:46

Trades 13. 14. 18. Broker talk “short of stock “ should c more moves north over the next few days

[janekane] 05/12/2022 15:03

Hi plasybryn
R we discussing Madagascar , elections Kenya

[plasybryn] 04/12/2022 17:36

Hi JaneAm i right in thinking the election takes place end of 2023. I assume that Fiscal Terms will inevitably become ensconced in the political vote campaign. Is the mine a vote puller (jobs, wealth, etc) or a vote loser (environment, noise, pollution, etc).Do we see the election as a good or bad thing? What makes BSE think they will get sign off in the New Year when the election is still so far away?Just musing.

[janekane] 04/12/2022 17:22

Who’s your broker

[mjneish] 03/12/2022 13:34

Tried for two days to top up. Order remained open for a day, got cancelled, I then tried the next day and it got cancelled at the end of the day again. Very frustrating.

[plasybryn] 02/12/2022 17:17

hxxps://www.the-star.co.ke/business/kenya/2022-12-02-base-titanium-pegs-hope-on-new-government-in-expansion-bid/

[plasybryn] 02/12/2022 08:02

Hopefully a good link.https://wcsecure.weblink.com.au/pdf/BSE/02603204.pdf

[marktime1231] 01/12/2022 12:32

Thank you mondex.

Assumed Toliara FID next month but first shipment not until March 2026.

[mondex] 30/11/2022 23:07

Slide 16. I cannot copy & paste it.

hxxps://wcsecure.weblink.com.au/pdf/BSE/02603204.pdf

[janekane] 30/11/2022 19:22

Tim will provide more colour in his presentation

[janekane] 30/11/2022 19:13

This is a small part in a paragraph that make me wonder what I am missing Tims presentation has any one else seen it I can’t seem to find it
25 November 2022
BASE RESOURCES LIMITED
Chair’s Address to the Annual General Meeting
Friday, 25 November 2022,








We continue to progress discussions with the Government of Madagascar in relation to the fiscal terms applicable to the project and the lifting of the on ground suspension.

Tim will provide more colour on this in his presentation.

[plasybryn] 30/11/2022 07:33

Bse put this on Twitter:-ECONOMYNovember 29, 2022Reading time: 4 min.Toliara Base Project: Minimal impact on water resources, according to Herivelo RakotondrainibeHerivelo Rakotondrainibe, expert in hydrogeology.Masked by rather eventful political news, the Base Toliara file is put in the background. This does not prevent technicians from talking about this major mining project that could have a significant economic role not only for the Atsimo Andrefana region but also for the entire country.This is the case, in particular, of Herivelo Rakotondrainibe, an expert in hydrology. Author of various detailed hydrogeological studies in several regions of the country, the one who is also among the designers of the hydrogeological map of Madagascar gives his opinion on the hydrogeological aspect of the Base Toliara project.Without negative impactIn a report he carried out following the hydrogeological study on the exploitation of the limestone sheet on the Manombo plain, Herivelo Rakotondrainibe demonstrates that the exploitation of the underground water table by drilling provided for by Base Toliara meets the technical, legal and regulatory conditions in force. The perimeter of Base Toliara is, let's say, in the Toliara II district, in the municipalities of Ankilimalinika and Tsiansiha. It is located 5 km northeast of Ranobe and 8 km east of Ankylimalinika, in the Manombo plain, at the foot of the Mahafaly limestone cliff. Thus, "technically, Base Toliara can pump into the eocene tablecloth without any negative impact on the capacity of this tablecloth". Indeed, "this pumping only concerns the eocene limestone sheet and therefore does not influence the Manambo alluvial table, nor the neogen sheet that is west of the project".0,05%Regarding the amount of groundwater that will be exploited by the mining company, the collection does not threaten all reserves. Indeed, Base Toliara will collect only 7.773 million m3 per year. That is 0.05% of the estimated usable volume at 15.495 billion m3 per year. Reserves will not be threatened since needs and other uses including drinking water, agriculture and livestock are estimated at 518 million m3 per year, or 3.36% of the usable volume. In all, only 527 million m3 will be deducted from the 15.495 billion available volume. This still gives 14.951 billion m3 of reserves, or 96% of the available resources. It is also known that to make water resources more profitable, Base Toliara has made a commitment to the establishment of drilling infrastructure around these operating areas to improve access to water for riparian communities.Action strategyIn short, there is no shortage of water resources, but it's all about better exploitation. On this point, Herivelo Rakotondrainibe is convinced that total control of water is one of the best weapons to deal with climate change. To this end, it proposes an action strategy to make possible a supply of sufficient quality and quantity water throughout Madagascar. The strategy will also help prepare the population to deal with flood-related natural disasters. It is a strategy that revolves around five points around the landscape considered as a resource space, each of which provides ecosystem services. The strategy is also based on Information, Education and Mobilization (IEM) for total water control with communities, with the corresponding measures. But it also relies on the total correct and honest application of the legal and regulatory framework for the Water, Sanitation and Hygiene (EAH) sector, compliance with the manual of procedures for this sector and the use of the EAH-Follow-EAH Sector Assessment Database in Madagascar (BDEAH-SESAM) and the Working Group on Integrated Water Resources Management (GIRE).R.Edmond.

[plasybryn] 29/11/2022 17:20

I've not given up on it yet. Although it looks currently like a falling knife. Painful.
January for Fiscal Terms, as shown in the latest presentation, doesn't sound that realistic to me. They are silly not to state more realistic timescales in my opinion. Trust and confidence is being eroded along with the share price.

If it is going to slip further into 2023, then we might get another dividend which at these prices should have a mouth watering yield. I wonder when we will hear how much surplus cash is floating around.

But I want to know more about the delays. What are the factors holding it up? They must have more information than they are telling us. Do they really believe it will be January because if they do, there surely can't be much more to do to get us there.
All getting a bit silly in my opinion.