Interview with Tim Carstens, MD of Minerals Sands company Base Resources (AIM, ASX:BSE).Can Base Resources build on the success of their first project in Kenya without dilution. Their 'new' project in Madagascar has a lot of similarities to the first project so a lot of learnings and complementary skill sets. Mineral Sands is little understood by investors as it is small market with few players but can have very high-margins. Rutile & Ilmenite both used in the production of pigment ie: to colour paper, plastics, make up... Plus Zircon used in ceramics & tiles.They produced some good numbers last year. We discuss the future for the business and where the growth comes from. Carstens tell us what he thinks it's going to take for investors to see a movement in the share price. We discuss their plans for project financing at the new project. Debt free. But no movement in share price. When does the plan kick in for shareholders? Carstens also breaks down the shareholder register and what type of investor he is looking for.Carstens say East Africa is better for business than West Africa. How is he planning to spend the money they made in Kenya. No dividends are on the horizon so where is the value being created? Carsten shares his view. Do you agree with how he is positioning the company? Carstens says that investors who don't like long-term type returns shouldn't consider Base Resources and vote with their feet.Lot's of deliverables in the next year to build this Mineral Sands company in the hope of becoming a mid-tier company with only a few peers.Company page: https://www.baseresources.com.au/Make smarter investment decisions, subscribe here: https://www.cruxinvestor.comFor FREE unbiased investment information, follow us on Twitter, LinkedIn and Facebook:https://twitter.com/cruxinvestorhttps://www.linkedin.com/company/crux-investor/https://www.facebook.com/cruxinvestorTake advantage, hear it here first: https://www.youtube.com/CRUXinvestor