CAPITAL MARKETS

Base's case boosted by strong cashflow

MINERAL sands producer Base Resources has seen half-year cashflow from its Kwale operation in Kenya improve 63% to $73.5 million from 12 months ago.

Michael Quinn
Base's case boosted by strong cashflow

And cashflow could have been even better given sales volumes were lower than in the comparative period due to the timing of shipments. In addition, cashflows used in investing activities increased to...

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