Ann: 2021 Bekisopa Drilling Programme Update, page-46

This commentary below is interesting:

Just so happens that this is from the 2017 prospectus! In other words, not much has chaged 4 years later - from a government approval perspective.

It looks like there has been only limited drilling done across 3757...which is probably a good thing as the license (or PRE) doesnt even include Iron Ore as an allowed activity:

It appears AKO's focus is on 10430.At least that allows for Iron Ore:


if your investing in AKO, your investing with the view there will be a big change in the way madagascar manages its national resources. IF/WHEN this happens, a stock like AKO could rocket.....provided all the cards fall in its favour. If it doesnt change, then this could follow in the footsteps of many other Australian mining companies who have tried exploring/mining in Madagascar and failed.