AKO 3.57% 14.5¢ akora resources limited

Ann: 2021 Bekisopa Drilling Programme Update, page-49

  1. 2,433 Posts.
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    I respect the research and information in this post.

    Yes, 100% there are risks, but I still believe, all things considered, that there is still a lot of potential for this company between now and:
    a) the mining licenses do not get renewed and the company goes bust (for me, a 100% loss - but I will likely sell before then)
    b) the company goes all the way to mining (for me, hopefully a 2000% increase)
    c) some other entity decides the JORC compliant resource is worth $X.XX per share (for me, hopefully a pretty significant free held number of shares)

    Who knows, my circumstances may change, as may the fortunes of the company, but I am hopeful, because we all know as minnow investors that is the best we can expect - hope, that I can make some money, and the SP will go up when JORC resource is announced.

    A 5% increase is still a 100% increase (or more!) better than keeping my money in the bank.

    There absolutely is country risk, which is why the Market Cap is $15m and not $75m, which is what it would likely be if this resource was in Australia.
 
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