$BASA BULLISH- The Goroyo Cawl Processing Plant is a gold processing facility located in Somaliland - Basanite Inc. signed a term sheet to invest $2 million into the plant. - - The investment was arranged by the Somali American Minerals Company with a $400,000 bridge deposit. Strategic Rights: Basanite receives a perpetual right of first refusal on all future Eastman Minerals projects ! The broader area is seeing increased development, including a major local earth dam infrastructure project spearheaded by the Adventist Development and Relief Agency (ADRA).-Any day could see this tightly held stock skyrocket like the past and keep going imho.-minerals, rare earth and metals are hot "commodity" these days pardon the pun! BULLISH
$BASA not so much as a toothpick of product made in years and years no phone number no address just one person sitting in Connecticut laughing everyday that there still believers out there WOW years and years later
$BASA Good analysis, now look at who is involved on BASA side , read press release very smart people put this together. We could see this tightly held stock moonshot, and then once it gets buzz like these recent mineral stocks I expect a second even bigger run imho
$BASA Just a thought to throw in - Somaliland has only one country that recognizes it - Israel. Whatever your political thoughts about Israel are, put them aside and think about the fact that they are one of the top technologically advanced countries on the planet. It seems to me that Israel would not cozy up to a country if they didn’t know, or suspect that the area contains mass rare mineral deposits, including gold. Just my humble opinion. Thoughts? (please keep responses non-political and non-antisemetic).
$BASA Are these guys ever gonna make basalt rebar again?!?🥴 Crazy they can’t find any more money out there. This shit is a proven commodity, they just need a competent leader. Hell, why not license it out??
$BASA QUARTERLY is out !- Someone on the inside is BULLISH and lent the company money, as they say, "insiders know"- SUBSEQUENT EVENTS
On June 24, 2026 – the Company announced that it has executed a term sheet with Eastman Minerals and SAMCO, LLC outlining
the framework for a proposed $2.0 million investment in the Goroya Cawl Processing Plant a gold processing project located in
Somaliland.
On July 6, 2026 a related party lent the Company $20,000 for working capital. - BULLISH
$BASA In July of 2026, Page 40 of 2025 Annual Report, has the current news on Basanite, all the other pages is literally OLD news and it says so in report of 2024 and 2025 : "NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE YEARS ENDED DECEMBER 31, 2025 AND 2024
NOTE 13 - SUBSEQUENT EVENTS
On June 24, 2026 – the Company announced that it has executed a term sheet with Eastman Minerals and SAMCO, LLC - .....Being a processor , is so much further down the road, then a basic exploration company which is literally gambling ..much lower risk if any at all as a processor.. The rocket is just lifting off !..imho...$1 and....
