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Base Resources says production remains uninterrupted with Kwale operations 'going well'

Base Resources Limited's (LON:BSE) (ASX:BSE) chief financial officer Kevin Balloch talks Proactive's Andrew Scott through its September quarter highlights. It produced 65,863 tonnes of ilmenite and 15,513 tonnes of rutile in the third quarter, versus 84,843 and 19,035 respectively in the second quarter. Significantly it's decided to pay a dividend of 3.5 Australian cents per share based on the company’s strong financial performance in 2020.

Quick facts: Base Resources Limited

Price: 13.24999 GBX

AIM:BSE
Market: AIM
Market Cap: £156.09 m
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Base Resources announces maiden dividend with effective yield of 14%

Base Resources Limited's (LON:BSE)(ASX:BSE) chief financial officer Kevin Balloch speaks to Proactive following the announcement of a maiden dividend alongside the release of its 2020 results this week. The maiden dividend of 3.5 cents per share implies a yield of around 14%. Base booked revenue...

on 27/8/20

2 min read