Full Year 2019 Base Resources Ltd Earnings Call Transcript

Aug 26, 2019 / 01:00AM GMT
Operator

Thank you for standing by, and welcome to the Base Resources FY '19 Results Investor Call. (Operator Instructions)

I would now like to hand the conference over to Tim Carstens, Managing Director. Please go ahead.

Timothy James Carstens - Base Resources Limited - MD & Executive Director

Good morning, everyone, and thanks for joining us for the Base Resources Financial Year 2019 Full Year Results Investor and Shareholder Call. I'll run through a few highlights, and then Kevin Balloch, our CFO, and I will take any questions you might have.

It would be fair to say that the 2019 financial year is another good year for Base Resources with sales price increases and a real focus on extracting the most out of the Central Dune as we finished that up over the course of the year, resulting in record revenue, EBITDA and NPAT for the group.

A pretty pleasing year from a market perspective. We secured average price improvement of around 22% for rutile and 28% for zircon. The average price for ilmenite was down about 6% year-on-year, but it was

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