BSE 1.89% 27.0¢ base resources limited

Ann: US$75m RCF drawn and Kwale Operations maintained, page-4

  1. 245 Posts.
    lightbulb Created with Sketch. 15
    Sorry, call me thick, but given there is 37m in the bank and no debt and product being sold, why draw down a loan. Is there sometime I am missing? I watched a presentation by Tim he gave about a month ago in which he said BSE had done additional drilling and he talked of a 100 year mine life, if they have so much, why take on more, is there that much demand?
 
watchlist Created with Sketch. Add BSE (ASX) to my watchlist
(20min delay)
Last
27.0¢
Change
0.005(1.89%)
Mkt cap ! $318.0M
Open High Low Value Volume
27.0¢ 27.5¢ 26.8¢ $360.8K 1.334M

Buyers (Bids)

No. Vol. Price($)
1 46216 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 735214 10
View Market Depth
Last trade - 16.10pm 28/06/2024 (20 minute delay) ?
BSE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.