AKO 0.00% 12.5¢ akora resources limited

Ann: Exploration Results, page-21

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  1. 2,474 Posts.
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    Great find and very interesting.

    There has been no mention of titanium in anything I have read on AKO (but I am certain there is a lot I haven't read), but it would be interesting to see if anything gets discovered, or if it is even on the radar...

    To be honest, I only joined on Friday, but I have been following this for about a month and trying to read all of your comments and posts.

    I think this is one of my most interesting holds. Yes, there is almost zero infrastructure, but when you consider that a loaf of bread in Australia costs $9 at Harris Farm, I can't help but think how far a few million dollars will get us when it comes to building infrastructure in Madagascar (truck driver salaries etc etc).

    In saying that, I have little confidence in the depth of expertise, equipment and infrastructure to be able to build roads and bridges cost efficiently / effectively.

    Regardless, the next 18 - 24 months will be interesting. ~150MT of Iron ore with JORC mooted for the end of the year (AND with a ~$15B value), currently with a $15m MC... What will it take to get to $150m MC (10 bags), and then to go to $500m?

    A lot of things need to fall in to place between now and then, but with the state of things between AU and CN, who knows what will happen (although this is a company listed on the ASX).
 
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