BSE 3.77% 25.5¢ base resources limited

Another solid performance from Base. They are now constrained by...

  1. 205 Posts.
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    Another solid performance from Base. They are now constrained by their HMC production instead of the MSP. The big question is whether they can keep providing circa 155-160k/qtr of HMC output from the WCP. The 2020 guidance update from April assumes they won’t - but on the current numbers their guidance looks pretty conservative...
 
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