AKM 5.71% 33.0¢ aspire mining limited

Ann: Proposed Early Development of Ovoot with Financing Package, page-44

  1. 1,045 Posts.
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    Hi Guys

    Alot to digest in this announcement with lots of substantial underlying information and new milestones. I see this announcement as a key moment for the business as it adds another path of news flow that will de-risk the business as they meet requirements. For mine the key points where

    # Significantly under pins the current share price by forming a solid base for the share price to appreciate
    from as milestones are meet
    # Secondary path of news flow and milestones

    # Existing rail capacity available to aspire 3-4 mt which is a key indicator that the required freight capacity
    for the rail is achievable and on the horizon.
    # Road/ transport corridors to work alongside with the proposed rail path, indicating that a road approval
    to be a precursor to rail approval.
    # Feasibility test of the Russian rail transportation corridor and tariff implications
    # Improved capacity to address local and governmental issues and processes with the aid of the new board
    members and significant share holder

    Based on this announcement I believe we will see a steady flow of information/news in the near future

    Gl to all holders

    Gb
 
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