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Base already operates its Kwale sands project in Kenya.

Base in $US75m African purchase

Base Resources has announced that it will purchase a mineral sands project in Madagascar for $US75 million ($100 million) and tap investors for $100 million to fund the acquisition.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/10/18

1 year TSR5 year TSR
100thMount Gibson Iron51%-6%
124thSilver Lake Resources41%-8%
279thRamelius Resources6%25%
468thWestern Areas-19%-3%
505thBase Resources-24%-8%
744 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

04/10/18
$0 Issued
04/10/18
$0 Other
04/10/18
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

17th↑Ramelius Resources$341.8m
18th↓Mount Gibson Iron$320.6m
19th↑Base Resources$269.0m
20th↓Silver Lake Resources$255.8m
21st↓Western Areas$250.3m
512 listed resources companies ranked by revenue.
Source: Morningstar

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