Base Resources Ltd (FRA:B4Z)
€ 0.1606 0.0002 (0.12%) Market Cap: 199.60 Mil Enterprise Value: 125.94 Mil PE Ratio: 0 PB Ratio: 0.80 GF Score: 54/100

Base Resources Ltd at 121 Mining Investment Cape Town Conference Transcript

May 09, 2022 / NTS GMT
Release Date Price: €0.202 (-2.88%)
Tim Carstens
Base Resources Limited - Managing Director

So for a quick introduction to Base for those who aren't familiar with us, we're based in Perth in Western Australia, listed in Australia '09. We started with the Kwale Operation in Kenya, commissioned that in late 2013, and it has been a very successful operation that we then wanted to capitalize on by then stretching out into a second operation and acquired the Toliara Project in Madagascar early 2018. For a pretty exhaustive search around the mineral sand space, and really we see it as just an absolute stand up.

So the foundation of our business is the Kwale Operation. For those of you who've been following us, you know that's an incredibly consistent, predictable operation. We don't get any gyrations in production. And it's an incredibly safe, highly effective operation. In the entire life of the operation, we've got about 1,000 people on site, and we've had two lost-time injuries in the 27-odd-million man hours. That's a pretty good window in on the safety performance and the performance culture.

We started mining in the Central

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