Base Resources Ltd's Kevin Balloch talks Proactive through an enhanced definitive feasibility study on its Toliara project in Madagascar. It's revealed a post-tax/pre-debt net present value of US$1bn and a 3.5 average revenue to cost of sales ratio over an initial 38-year mine life. Life-of-mine free cash flow has been increased by 60% to US$5.9bn under the study, with the first 10 years averaging US$210mln a year.
Base Resources highlights enhanced DFS for Toliara project in Madagascar
