BSE 0.00% 19.0¢ base resources limited

Good luck. You do know that they say the definition of madness...

  1. 2,809 Posts.
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    Good luck. You do know that they say the definition of madness is trying the same thing again and expecting a different outcome.

    Since last time you announced a short (CFD) here 5 months ago Base Resources has seen their share price increase over 25%, they have extended the mine life at Kwale, they have announced promising options at Kuranze and Tanzania, they've announced that discussions with the government of Madagascar are going well, and they've announced that they're going to be imminently releasing an updated study at Toliara.

    When Toliara goes ahead it will be generating $100 million (AUD) a year for a century IMHO (we'll see when the new study is out), and that cash flow is currently valued at ZERO in the BSE market capitalisation.
 
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