AKO 3.57% 14.5¢ akora resources limited

Ann: AGM Virtual Meeting Access, page-3

  1. 2,409 Posts.
    lightbulb Created with Sketch. 1608
    So there was a presentation, but not a lot of new information.

    Key points:
    - infill dining in the northern zone to prove up more DSO tonnage (previous drilling was in the southern zone). Given the southern zone infill drilling and MRE has taken about 9 months, I'd say set expectations for about a year (June/July 2024)
    - work on the PFS likely to start in September and will probably take 15 months to complete. This means January 2025
    - options are unlisted / not tradable, and have apparently been issued. I don't see these in my CommSec account, where should I be looking? (Link Market Services are complete rubbish, heaven forbid I need to log in and interact with them!)
    - Madagascar mining code is progressing
    - Tratramarina looks like it's been deprioeitised

    My take is it will be a slow 18 months until the PFS is delivered.

    I was hoping for a bit more momentum and urgency with relation to completion of the PFS, but it is what it is.
    Last edited by thecrabpest: 31/05/23
 
watchlist Created with Sketch. Add AKO (ASX) to my watchlist
(20min delay)
Last
14.5¢
Change
0.005(3.57%)
Mkt cap ! $17.47M
Open High Low Value Volume
14.5¢ 14.5¢ 14.5¢ $21.75K 150K

Buyers (Bids)

No. Vol. Price($)
4 568244 14.0¢
 

Sellers (Offers)

Price($) Vol. No.
15.0¢ 18057 3
View Market Depth
Last trade - 10.26am 24/06/2024 (20 minute delay) ?
AKO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.