logo-loader
viewBase Resources Limited

Mining Capital's Ford sees 'huge growth opportunity' for Base Resources

Mining Capital's Alastair Ford gives his take on the PFS issued this week from Base Resources PLC (ASX:BSE) (LON:BSE) on its Toliara project in Madagascar.

The net present value's been estimated at US$671mln in the study.

Based on the existing resource, the PFS estimated a mine life of 33 years producing 806,000 tonnes of ilmenite, 54,000t zircon and 8,000t of rutile each year.

Quick facts: Base Resources Limited

Price: 11.25 GBX

AIM:BSE
Market: AIM
Market Cap: £131.81 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Base Resources Limited named herein, including the promotion by the Company of Base Resources Limited in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

Full interview: Base Resources highlights financial improvement and debt...

Base Resources Ltd (ASX:BSE) managing director Tim Carstens updates Proactive Investors on milestone achievements in the FY19 year with major financial improvements and a significant debt reduction resulting in a strong net cash position at June 30. The managing director said the African...

on 29/8/19

2 min read