Can Base Resources build on the success of their first project in Kenya without dilution. Their 'new' project in Madagascar has a lot of similarities to the first project so a lot of learnings and complementary skill sets. Mineral Sands is little understood by investors as it is small market with few players but can have very high-margins. Rutile & Ilmenite both used in the production of pigment ie: to colour paper, plastics, make up... Plus Zircon used in ceramics & tiles.
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