BSE 1.09% 23.3¢ base resources limited

Ann: Additional critical mineral stream doubles Toliara's NPV, page-34

  1. 2,451 Posts.
    lightbulb Created with Sketch. 1656
    Cross posting this in AKO also.

    The jockeying for access to Madagascars resources has begun.

    There will surely be a number of countries approaching Madagascar to secure favour with the government. It is a shame I can't see the Australian government doing the same - primarily because Madagascar would be seen as another threat to our dominance across the resources sector.

    Once the mining code is ratified I think the flood gates for funding of projects will be opened. Low wages, sensible tax structure, and a clear mandate for both government and private investment in infrastructure.

    https://www.lexpress.mg/2024/02/code-minier-lambassadrice-de-legypte.html

    https://hotcopper.com.au/data/attachments/5967/5967004-435d9d690747581852a3acc567f4dc61.jpg
 
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