Q3 2024 Base Resources Ltd Activities Update -UK Conference Call Transcript

Apr 30, 2024 / 08:30AM GMT
Operator

Thank you for standing by, and welcome to the Base Resources' March quarter 2024 quarterly activity update. (Operator Instructions) Finally, a reminder that this conference is being recorded.

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

Timothy Carstens - Base Resources Ltd - Managing Director, Executive Director

Thank you, and thanks, everyone, for joining our quarterly call. Today, as usual, I'm joined by Kevin Balloch, our CFO; and Steve Hay, our General Manager of Marketing.

So turning to the key points in the quarter, not strictly in the quarter, but it would be impossible not to talk about it, is the agreement we've reached with Energy Fuels for a proposed combination to create a critical minerals business or a global critical minerals business. And we'll talk more about that in a minute.

From an operational perspective, I guess, the key thing this quarter was that we made the transition to Bumamani from the South Dune following depletion of the ore reserves down there.

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