The next FMG like stock?, page-232

No immediate response today in SP but I think that the rest of the market doesn’t see the significance of what has just been voted through. It is not exactly revenue creating news but it paves the way for a serious re rate of the SP.

Not only just moves within the company, having Mr T on side gives us a much better chance of securing additional funding, most likely @ a much better rate and also speed up anything involving government regulations and approvals of permitting. Announcements from these will defiantly open the market upto AKM.
Indirectly he should be able to help smooth out any possible issues within the community, which was a hindrance with the Nuurstei project.
Coming into the new year being debt-free puts us in a strong position and which is always more attractive to new investors, as abit more risk free. Hopefully some colleges of Mr T will see his involvement again as more reassurance to get involved

With extra funds now available, news that now can be expected in the short term will be

completion of the Road Scoping Study to identify best possible route for our haul road

completion of an updated PFS to give us a better understanding of the capital and operating costs involved

Both said to be due by end of December qtr.

Once these are completed next we should see the DFS be underway and then of course moving into the first 2 qtrs the decision to mine being made which is when we will defiantly see some very solid move north in SP

Today is just another milestone knocked out. Obviously not an overnight play but AKM are building some very solid foundation for the future.. happy to sit and wait. The next 6 months are going to be very interesting