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Kasbah's Achmmach tin project in Morocco.

Kasbah cuts board and staff, raises $3m

Local minerals explorer Kasbah Resources has received commitments for a $3 million capital raising, while also announcing a range of cost reductions including cutting executive pay, reducing staff and restructuring its board.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
80thCanyon Resources47%33%
458thLindian Resources-24%-27%
591stKasbah Resources-44%-41%
597thCradle Resources-45%-18%
764thAzure Minerals-68%-19%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

07/12/18
$0 Bought
07/12/18
$0 Other
07/12/18
$0 Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

349th↑Kasbah Resources$7k
353rd↑Cradle Resources$6k
354th↓Azure Minerals$6k
356th↓Canyon Resources$5k
357th↑Lindian Resources$4k
509 listed resources companies ranked by revenue.
Source: Morningstar

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