Company Base Resources Limited

BSE

AU000000BSE5

Specialty Mining & Metals

Market Closed - Australian S.E. Other stock markets 02:10:44 2024-04-26 am EDT			5-day change	1st Jan Change
0.245 ^AUD	-2.00%		+133.33%	+58.06%

Apr. 22	TSX claws back some April declines as sentiment improves	RE
Apr. 22	Energy Fuels Drops 11%, as it Offers to Acquire Australia-Listed Base Resources for A$375 Million	MT

Business Summary

Base Resources Limited is an Australia-based mineral sands producer and developer. The Company operates the Kwale Operation in Kenya, which produces a suite of mineral sands products, namely ilmenite, rutile, and zircon. It is also developing the Toliara Project in Madagascar and conducting an exploration program in Tanzania. Its segments include Kwale Operation, Toliara Project, and Other. The Kwale Operation segment includes its 100% owned Kwale Operation located in Kenya and engaged in the sale of rutile, ilmenite, and zircon. The Kwale Operation features a high-grade ore body with a high value mineral assemblage, rich in rutile. Its products from Kwale Operation are transported to the Companyâs own Likoni Port facility, located inside Mombasa Port, for export to customers. The Toliara Project is in south-west Madagascar, about 45 kilometers (km) north of the regional town and port of Toliara. The Toliara Project is underpinned by the high grade, ilmenite rich, Ranobe deposit.

Number of employees: 1,744

Sales per Business

AUD in Million	2022	Weight	2023	Weight	Delta
Kwale 100.0 %	279	100.0 %	271	100.0 %	-2.75%

Sales per region

AUD in Million	2022	Weight	2023	Weight	Delta
Kenya 100.0 %	279	100.0 %	271	100.0 %	-2.75%

Managers

Managers	Title	Age	Since
Timothy Carstens CEO	Chief Executive Officer	-	08-05-04
Kevin Balloch DFI	Director of Finance/CFO	-	12-05-13
Denham Vickers COO	Chief Operating Officer	-	10-12-31
Citadel Magnus IRC	Investor Relations Contact	-	-
Chadwick Poletti LAW	General Counsel	-	15-05-18
Stephen Hay SAM	Sales & Marketing	-	13-01-13

Members of the board

Members of the board	Title	Age	Since
Timothy Carstens CEO	Chief Executive Officer	-	08-05-04
Scot Sobey BRD	Director/Board Member	-	21-11-25
Diane Radley BRD	Director/Board Member	58	18-01-31
Michael Stirzaker CHM	Chairman	-	11-10-31
Sheila Khama BRD	Director/Board Member	66	23-02-28

Share class

	Vote	Quantity	Free-Float	Company-owned shares	Total Float
Stock A	1	1,178,011,850	799,348,411 ( 67.86 %)	11,368,641 ( 0.9651 %)	67.86 %

Shareholders

Name	Equities	%	Valuation
Pacific Road Capital Management Pty Ltd. 26.38 %	310,813,913	26.38 %	23 M $
Sustainable Capital Ltd. 24.66 %	290,537,049	24.66 %	22 M $
FIL Investment Advisors (UK) Ltd. 6.441 %	75,877,583	6.441 %	6 M $
Regal Funds Management Pty Ltd. 4.990 %	58,782,791	4.990 %	4 M $
COMPUTERSHARE LIMITED 3.265 %	38,465,724	3.265 %	3 M $
DFA Australia Ltd. 1.146 %	13,503,987	1.146 %	1 M $
CPU Share Plans Pty Ltd. 1.029 %	12,119,388	1.029 %	909 318 $
Treasury Services Group Pty Ltd. 0.9609 %	11,319,959	0.9609 %	849 337 $
Nero Resource Fund Pty Ltd. 0.7275 %	8,570,000	0.7275 %	643 007 $
Timothy Carstens 0.6811 %	8,023,054	0.6811 %	601 970 $