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Full interview: Base Resources DFS reinforces Toliara’s status as world-class mineral sands development

Base Resources Limited (ASX:BSE) (LON:BSE) chief financial officer Kevin Balloch updates Proactive on the company’s newly released definitive feasibility study (DFS) for the Toliara Mineral Sands Project in Madagascar.

The DFS outcomes closely align with those for the PFS released in March this year.

The latest study confirms a post-tax/pre-debt NPV of US$652 million and an average revenue to cost ratio of 3.15 over the initial 33-year mine life.

Quick facts: Base Resources Limited

Price: 14.25 GBX

AIM:BSE
Market: AIM
Market Cap: £167.87 m
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Base Resources announces maiden dividend with effective yield of 14%

Base Resources Limited's (LON:BSE)(ASX:BSE) chief financial officer Kevin Balloch speaks to Proactive following the announcement of a maiden dividend alongside the release of its 2020 results this week. The maiden dividend of 3.5 cents per share implies a yield of around 14%. Base booked revenue...

3 weeks, 6 days ago

2 min read