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Base builds cash as Toliara decision looms

Base Resources has strongly boosted its cash position while forecasting a softer year ahead in terms of Kwale production and the possibility of a development decision on Toliara later in 2020 pending discussions with Madagascan authorities and clarity on the global economic outlook.

Base builds cash as Toliara decision looms Base builds cash as Toliara decision looms Base builds cash as Toliara decision looms Base builds cash as Toliara decision looms Base builds cash as Toliara decision looms

Base's June quarter performance saw the mineral sands miner's production for the full year reach the higher end of forecast ranges, with rutile output in fiscal 2021 expected to be similar to 2020

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