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Base reveals details of significant Toliara project

Base Resources says it has confirmed prefeasibility estimates made nine months ago pointing to the Toliara mineral sands project in Madagascar having a headline capital cost of US$442 million and generating annual free cashflow of about $132.4 million.

Base reveals details of significant Toliara project Base reveals details of significant Toliara project Base reveals details of significant Toliara project Base reveals details of significant Toliara project Base reveals details of significant Toliara project

Toliara's NPV on a post-tax, pre-debt basis is put at $652 million (using a 10% discount rate), and IRR 21.

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