AKO 3.45% 15.0¢ akora resources limited

Thoughts on AKO, page-46

  1. Dje
    1,212 Posts.
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    just to remind our selves why we invested in Akora, Company targeting well over 100MT iron ore worth over Billion dollar if succeeded,They used XRF machine to get the indication of the quality of iron ore Results were promising,Akora team experienced and Reputed. Paul(Ceo) got over 35years experience in mining industry, Connections with Rio Tinto is always a plus point,Mining in Africa is very cost effective which means labour cost very cheap where a Truck driver make $6000.00 aud p/a.so,getting stuff to the port is not expensive also close to India and China Huge market demand for iron ore, Current Market Cap 22M which is very undervalued,IMO Matter of time Market will realise the possibilities with this small cap,Also we are only few weeks away from Lab results.
    Last edited by Dje: 10/03/21
 
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