FROM THE BROKING DESK
(LON:BSE)
In a quick update to our piece yesterday, it seems the opposition’s call for a general strike in Kenya was largely ignored. The defeated presidential candidate, Raila Odinga, had hoped to continue to generate support for his claims that some of the voting in the recent election was rigged; foreign observers declared the poll free and fair. Thus, things seem to be calming down, and it looks like Uhuru Kenyatta will continue to head the government with an increased majority.
This is positive stuff for Base Resources*†. The company has an excellent relationship with the government, particularly with Mining Minister Dan Kazungu. We’ll be marketing Tim Carstens of Base in London on Thursday 31 August and Friday 1 September.
Tim will be around after the company’s full-year FY17 results come out on 28 August. This should also be slightly before an expected resource update for Kwale Phase 2.