CAPITAL MARKETS

Shareholders getting another dividend from Toliara-awaiting Base

BASE Resources is paying shareholders an interim dividend of A2c, reducing net cash by about one-quarter as the wait to develop the world-class Toliara project in Madagascar goes on.

Toliara, Madagascar

Toliara, Madagascar

"Discussions with the government of Madagascar on the fiscal terms applicable to the project progressed substantially during the period though an agreement has not yet been signed," Base said. The discussions...

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