BSE 1.82% 27.0¢ base resources limited

My confidence that the mining code will be passed into law, and...

  1. 2,398 Posts.
    lightbulb Created with Sketch. 1602
    My confidence that the mining code will be passed into law, and there will be a semblance of legitimacy around the mining code comes from the fact that the government was well and truly caught with it's hand in the cookie jar when the former chief of stuff was caught in a corruption racket in the UK.

    https://www.madagascar-tribune.com/Ce-qui-nous-gene-dans-l-affaire-Romy.html

    Add to this, the EU, who have invested and donated a lot of money to the country / government have also been rather vocal and visible recently with multiple articles calling for Electoral reform - https://www.lexpress.mg/2024/02/recommandations-electorales-leurope.html

    As well as designating status and importance on other long delayed projects - https://www.lexpress.mg/2024/02/centrale-hydroelectrique-volobe-classe.html

    I'd say the EU would have tolerated some corruption, so long as Rajoelina and his cronies would have followed rule #1 of Corruption Club - which is "don't get caught".

    I think the Ambassador in town AND being so vocal are a shot across the bow of the government to stay on best behaviour, and letting a few "long delayed projects" start up with the full power of the mining code, and with minimal "distraction".

    Rajoelina (thankfully) made his bed when he chose to take money from the world bank and EU, and he's well aware there are conditions involved.

    I believe the mining code will become law by the end of March, let's see how I've just jinxed myself.
 
watchlist Created with Sketch. Add BSE (ASX) to my watchlist
(20min delay)
Last
27.0¢
Change
-0.005(1.82%)
Mkt cap ! $318.0M
Open High Low Value Volume
27.5¢ 27.5¢ 27.0¢ $68.21K 250.1K

Buyers (Bids)

No. Vol. Price($)
8 821495 27.0¢
 

Sellers (Offers)

Price($) Vol. No.
27.5¢ 104500 2
View Market Depth
Last trade - 16.10pm 10/06/2024 (20 minute delay) ?
Last
27.3¢
  Change
-0.005 ( 0.91 %)
Open High Low Volume
27.3¢ 27.3¢ 27.3¢ 125911
Last updated 15.48pm 10/06/2024 ?
BSE (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.