Full Year 2019 Base Resources Ltd Earnings Call Transcript
Thank you for standing by, and welcome to the Base Resources FY '19 Full Year Results Call. (Operator Instructions) I would now like to hand the conference over to Mr. Tim Carstens, Managing Director. Please go ahead.
Good morning, everyone, and thanks for joining us for one of the Base Resources' Financial Year 2019 full year results calls.
I'll run through a few highlights, and then Kevin and I will take any questions you have. It'd be fair to say that 2019 financial year was another -- is a really good year for Base Resources with sales price increases and a focus on extracting the most out of the Central Dune and benefiting from the throughput upgrades that the KP2 project gave us, resulting in record revenue, EBITDA and NPAT.
We've been operating in a pretty encouraging price environment for our products with price improvement of 22% for rutile year-on-year and 28% for zircon. The average price for ilmenite was down 6% year-on-year, but it was trending
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