TV Clip with Base MD Tim Carstens Afternoon. Short TV interview with Base Resources MD Tim Carstens here:www.fmp-tv.co.uk/company/base-resources-investor-video/
Great RNS RNS today shows a massive jump in profits, primarily driven by 25% higher prices for Ilmenite, Rutile and Zircon plus a lesser increase in throughput. The write up also suggest that these prices can be maintained or improved for the rest of the FY. Base have a estimated forward PE <5, and this RNS seems to support that, so could be some re-rating due.Not too worried about the small increase in mining cost/t as they are still a low cost producer. The switch to more Hydraulic mining will also help to stabilise that.Overlooked share this one IMHO.