The ASX is back below where it was in 2008.BSE finished 2008 at...

The ASX is back below where it was in 2008.

BSE finished 2008 at 4.4 cents, they're now 14 cents (which is more than triple the price they'd be if they'd matched the ASX200 over the last 15 years).

They've also paid out 23 cents in dividends (I think); over that time the ASX200 Accumulation Index has gone from 40 to 85. So BSE has returned gains of 841% while the ASX has returned gains of 112%; even from around March 2020 the ASX Accumulation has gained 60% whereas Base has delivered gains of 208%. If you want to go back to the acquisition of Toliara in late 2017 the ASX accumulation index has returned gains of 45% and Base has delivered gains of 48%; I got a good chunk at 3.7 cents in early 2016 which has returned 900% gains - the metaphoric ten bag deal.

Their Mkt Cap is backed by Net Cash and additionally they own a project with an NPV of at least $1Bn (Aussie dollars).

They have engaged with The World Bank, The USA State Department, Financiers, and other global mineral sands players.

I say well done on what they have delivered, and I expect they've got more surprises up their sleeves - I will raise my glass to the team at Base who go where few would want to go, and deliver outstanding shareholder returns and local economic development at their projects.