Base Titanium is a buy according to this article which i cant disagree with.
key points: Mr Carstens has proven he has the wherewithal to navigate through multiple complex (and even asymmetric) environments simultaneously.
:Kenya exported $16million of Titanium to the US ten months through 2016 just a little behind Tea ($18m for the same dates).
:Base reminds me of a moon landing, its planted the mining flag in the Kenyan soil. Kenya did not have a mining sector before Base Titanium. And in the future, Base's modus operandi will be a calling card for its expansion across the continent. They are looking at a property just south of Tanga in Tanzania. Given how aggressive President Magafuli can be, I would be surprised if he has not pounced on Tim, yet.
:Base Resources is listed in Australia and I expect the share price to scale all time highs over the next 18 months. The highest price was clocked in March 2013 (when the commodity markets were in full swing ) at 53cents.
:Base is living proof that the Kenya mining sector is now open for business and we should always remember the pioneers who opened it up.
cheers contra
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