Base Resources Ltd (OTCPK:BSRUF)
$ 0.19 0.04 (26.67%) Market Cap: 196.85 Mil Enterprise Value: 118.00 Mil PE Ratio: 0 PB Ratio: 0.77 GF Score: 58/100

Half Year 2019 Base Resources Ltd Earnings Call Transcript

Feb 25, 2019 / 12:01AM GMT
Operator

Thank you for standing by, and welcome to the Base Resources Half Year Results Briefing. (Operator Instructions)

I would now like to hand the conference over to Mr. Tim Carstens, Managing Director. Please go ahead.

Timothy James Carstens
Base Resources Limited - MD & Executive Director

Good morning all, and thanks for joining the half year Base Resources' results call. I'll run through a few of the highlights, and then we'll focus more of the time, I think, on questions. Kevin and I are both here to answer those. A lot of the activity over the last 2 quarters, obviously, has been discussed on our quarterly calls, so I won't be spending too much time on that, and we'll get straight into questions.

It was another good half for us, with price increases and consistent sales volumes really driving revenue and NPAT growth. The key financial metrics were pretty pleasing, with revenue up 13%, EBITDA up 7%, NPAT up 4%. Very significant milestone for us at the end of this period was getting to a net cash position for the first time since we

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