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Started: damofarl, 3 Jun 2024 13:56
Last post: damofarl, 3 Jun 2024 13:56
Shepdave; thanks your workings.
As the UUUU price is now at $7.00, I calculate at BSE's current SP, there is still a 22% upside.....
Profit for the patient here, still.
Started: Ratboy1971, 12 May 2024 06:38
Last post: shepdave, 13 May 2024 09:23
Yeah, I worked out a 20.27% increase in share price based on current Energy fuels share price of 6.08 USD and the current exchange rates.
Think Energy fuels share price would need to slip to below 5 USD for no extra value from current price.
7 USD would give 35% additional value.
Guess it will gradually edge up over time over the next few months if no issues.
If all goes to plan this merger should all be done and dusted by end of August and with the 'special dividend' payout works out around a 20% increase from here...... all looking very rosy to me 😁 and yet this board is as quiet as a mouse
Can anyone see anything negative at all that i cant?
Started: Retals, 24 Apr 2024 14:45
Last post: damofarl, 7 May 2024 15:01
I see UUUU's share price is now above the share conversion deal price. Even better value here now.
I'm surprised energy fuels share price hasn't risen
Started: Troajan, 24 Apr 2024 08:29
Last post: Troajan, 24 Apr 2024 08:29
Started: mppotus, 24 Apr 2024 08:28
Last post: mppotus, 24 Apr 2024 08:28
BSE finished at 25.0c on the Asx equivalent to 13.08p.
Hopefully some upward traction.
Started: David6576, 22 Apr 2024 12:05
Last post: covgaz, 22 Apr 2024 19:57
Button it David , you're proving yourself to be the ultimate ramper. 50p my b*tt.
Sure you'll be gone by Friday.
Bought some Mtec.
David,
I noticed you over in KAT.. smart move.
Paul Johnson and Gervaise Heddle (the old GGP crew) are both getting involved in Katoro.
I've done well following GH into GGP & ONDO & GSCU.. ...all have multibagged
No idea who the new KAT CEO is going to be.. but market is unaware of this little 1.4m market cap company as they've done no media for over a year whilst restructuring the business
Recent oversubscribed cash raise at 0.01p and cash held basically covers the full market cap and suspect a new exploration asset(s) is about to be transferred into the comp in exchange for some shares, then new ceo then a load of PR etc.... then whoosh.
Warrant accelerator up at 0.5p would release a further £1.25m cash & would be just over a 5 x bagger (500% rise) from the present SP and wouldn't take much volume to see a 1m m/cap cap zoom up to 5m m/cap.
Especially with the backing of 2 (or possibly more) of the old GGP crew in there. Gervaise Heddle & PJ.
Once news lands, no chance picking them up this cheap.
Could easily be a 10 x by June from present levels.
GL.
I see mtec top of the board today, big ask but market starting to take it onboard!!!
Looking forward into close and tomorrow.
Started: David6576, 22 Apr 2024 14:54
Last post: David6576, 22 Apr 2024 14:55
Meant this week.🚀🚀💰💰💰
Lots of investors targeting it 50p.
Last post: Flogit123, 22 Apr 2024 14:46
When a plan comes together!!! Lol fingers crossed we can continue to rise in to the close and beyond….
Started: David6576, 22 Apr 2024 14:15
Last post: David6576, 22 Apr 2024 14:15
This goes nuts into the close. Sellers are nearly done and dusted. Holding a very strong and uptrend trend.💯💯💪💪💪
Last post: VisitTimor, 22 Apr 2024 13:58
Better guide is
flat, small rise/fall - Trading pretty even
large rise (non news) buyers winning , prompting the bid to be pushed up to fill orders
large fall , sellers need to fcuk off... 😉😂
Buy, sell and unknown are 3rd party BEST GUESSES, nothing to do with MM/Market , they label NOTHING, just print TRADES they see as both a buy and sell.
No hocus pocus, black trades mm nonsense, just 3rd party sites like this one using a beyond 💩algorithm , trying to be helpful with trends/volume ratio's etc and FAILING miserably on most shares daily.
Based on the sites mid based algorithm , best guess , all above buy , all below sell (never the case for both) all exactly on its mid , delayed trades, or now seen outside of ITS range , chokes = UNKNOWN
Its as simple and tragic at that, likewise making the 3rd party stats as much use as a chocolate tea pot. 😲🙄
Is showing as a sell - looks interesting and hope to see a higher price at the close. Anyone see what the order book is like?
Thanks
Started: molokai, 22 Apr 2024 08:39
Last post: David6576, 22 Apr 2024 12:41
Yes, big orders are being filled up. The afternoon session will be exciting.
Thought my shares were bottom drawer until Toliara started….. great RNS. We get cash dividend and shares going forward.
Toliara is on track as a major long term cash cow
Started: Nas-k, 22 Apr 2024 08:50
Last post: Nas-k, 22 Apr 2024 08:50
Webcast at 11 am today
https://registrations.events/direct/OCP5249348
Last post: Latius75, 22 Apr 2024 07:42
Going to sell if it get 10-11p today.
What an announcement!
Takeover by UUUU
$0.065 AUD Special Dividend.
0.026 UUUU shares per BSE share.
So that's roughly 58 Base Resources Shares for 1 UUUU share.
That's around 10 cents (USD) for each BSE share, in UUUU shares.
Happy days, and great de-risking!
Anybody seen the performance criteria for these vesting LTIP shares? With the SP being a third of what it was when they were proposed I would have thought that at least one criteria would have failed miserably.
Last post: Sandyman, 4 Apr 2024 10:34
At some point?
More like well into 2027
My mistake. Company states no interim dividend announcement.
So I presume we’ll get no dividend until Toliara is up and running? 2 years??
Nope. The company results of today, Oz time, specifically state no dividend, to maintain cash for Toliara progression
No mention on company site but Stock events state: Base Resources Limited (BSE.LSE) has announced a dividend of GBX1.1 with an ex date of March 10, 2024 and a payment date of March 30, 2024......
Probably get confirmation this week
If history repeats, it will be declared in the last couple of days of February, with a payment date at the end of March?
Zilch
Started: VanVan, 18 Jan 2024 16:11
Last post: damofarl, 31 Jan 2024 13:25
Trader76; agree, and what a comfortable place to be.
I believe the cash you mention will be maintained to cover that capital cost, with only a minimal dividend return of any excess (production to end / stockpile release). My 20/40/40 funding costs is based on costs to first production (income).
The latest update indicates that at 31/dec/2023, BSE has about cash of US$ 78 Million (with no Debts), and the Toliara project would require capitol of US$ 71 Millions. Even-though other existing end-of-life mines would not be able to extract any more +ve positive cash flow, I assume BSE current cash position should be enough to cover the project.
VanVan; I don't think there has been a leak, I just think many people like myself feel, that BSE are super confident it is imminent. Suggestions are of greater %'s on costs, licence fee, community fee etc, but I really don't think BSE would have been so ebullient on it's recent mine potential update/increase....I mean why would you promote such so glowingly if yiu were concerned at proposed cist increases/were trying to beat them down, if you didn't have an agreement in principle. I just feel an announcement is awaiting, for BSE and the Govt's benefit, confirmed funding arrangements.
I don't see funding as an issue (BSE recently affirmed funders remained inside), and I don't see a share raise - I do see upfront loans from their long term customers, against guaranteed future delivery, at say 10% discount to product mkt price. That way BSE cements customers with low/peppercorn loans to fund development, customers get security of long term supply, at a discount - a win win for all.
For what it's worth, I see funding of Toliaria being 20/40/40 being cash at hand/ongoing income/stockpile release, asset backed lending (ABS's) and offtake agreements respectively.
The chart does look a bit more encouraging and I wonder if news is leaking regarding progress on Fiscal Terms in Madagascar? Anyone got any thoughts. It seems quite soon after the election, but perhaps with that out of the way there is more energy to get things moving.
I note that last year we had Quarterly Activities Report issued on 24th January and then FY 23 half year results on 20th Feb.
So we might get an Update very soon.
Started: damofarl, 29 Dec 2023 14:29
Last post: Latius75, 29 Dec 2023 19:59
As i mension just below. Day before on aSX was 13% rise up. Due to low volume on LSe i recon its arbitrage jump.
Is today's pandemic of piffling purchases some kind of market signal?
New year, new announcement, new (Toliara) licence?
11% on ASX today. Maybe Australians know something more ?
Retired banker; agree re the impairment. When that hit the accounts (for land rehabilitation) I thought 2 things - 1) that they were being a responsible operator and 2) that they had rather kitchen sink the costs of restoration......I.e I think they are being conservative in overstating the costs of such.
Disagree on the dividend. Whilst BSE have always been exceptionally proactive in the importance of repaying the rewards of Investors investments, I don't see anymore, beyond a token one. The last couple of dividends, as stated by mgmt, have been tempered down by the need to preserve/build cash for Toliara, and as kwale cashflow ends, that income will be kept for Toliara. That said whilst income will drop drastically as product quality and volume drop and unit cost rises and margin falls, there may be a 'final' generous dividend, to reflect release of their stockpiled product.
All that aside, considering the recent RNS, this is a nugget of oppurtunity hidden in plain sight. Yes there will probably be a farm out/equity issue, but my in the context of the current mkt cap and the cash at bank, 10% of that pot will still enrich us all here. A link up with KMR for instance, would propel prosperity for both, and I do believe there should be consolidation to allow different mine time periods to generate the upfront cost for new prospects.
As for Toliara, within the context of these jurisdictions never rushing anything, I think it's a done deal, will happen.
The impairment booked in FY23 to record a net loss, masks the fact that operating results were in fact better than FY22.
So if you look at the sp chart in Aug '22 when those results were reported, I think you have a much better assessment of the true value here. I believe over the next six months we can rise back to 15-20p .... and even if the market doesn't see this value, we keep getting a 10%+ dividend !!!
Great presentation. Lots of detail.
Amazing, world class financials.
Fiscal Terms - must come soon.
I’m very excited about next year.
Started: VanVan, 19 Dec 2023 08:50
Last post: VanVan, 19 Dec 2023 08:50
Base Resources will host two investor briefings to discuss the outcomes from the Monazite PFS on 19 December 2023 at 8.30am and 5.00pm (AWST). The briefings will be hosted by Tim Carstens (Managing Director), Kevin Balloch (Chief Financial Officer), Stephen Hay (General Manager – Marketing) and Andre Greyling (General Manager – Growth).
The briefings will be by webcast and teleconference. Details for accessing each are below. Participants will only be able to ask questions via the teleconference line. Participants that propose using the teleconference line will need to pre-register their details using the teleconference registration URL provided below. Upon registering, participants will receive an email with their unique PIN and dial-in details so that they can join the call on the day without needing to speak to an operator.
Australia webcast and teleconference
Date: Tuesday, 19 December 2023
Time: 8.30am AWST / 11.30am AEST
Webcast URL: https://webcast.openbriefing.com/bse-mu-2023-au/
Teleconference pre-registration URL: https://registrations.events/direct/OCP60911
UK webcast and teleconference
Date: Tuesday, 19 December 2023
Time: 5.00pm AWST / 9.00am BST
Webcast URL: https://webcast.openbriefing.com/bse-mu-2023-uk/
Teleconference pre-registration URL: https://registrations.events/direct/OCP61023
Started: TrickyEFC, 14 Dec 2023 09:42
Last post: Latius75, 14 Dec 2023 10:41
Quote price shows me 8p already.
This will boom when Toliara will get green light after votes this month ;)
Dont think gov will cancel deal with BSE. New pit means money.
And another big buy order. 1billion to 2billion value of asset.
£10k.
this close to years low n that rns boom.
wonder when the crowd will show up
Last post: TrickyEFC, 14 Dec 2023 08:25
Thats a rather meaty rns
Started: bobrad, 17 Nov 2023 07:47
Last post: Latius75, 20 Nov 2023 11:01
Any thorts what can happen if Toliara go through and after 2024 closure ?
Between 2024-26 BSE will be without revenues.
How can it affect company ?
Im jung investor and dont understand all processes.
Sorry I supplied the URL below, but it doesn't provide the presentation
Hi all anyone seen the presentation,I can’t open it