AKO General Discussion, page-214

Cheers mate.

I have been in AKO for about 20 months now.

This is an exercise in equal parts of research, conviction, sacrifice and patience. I had a horrific 2020, in terms of capital losses and SIGNIFICANT missed opportunities, so I decided to change my investing strategy.

My long term goal here is for AKO to follow a similar path to Champion Iron (CIA) - $0.15c 6 years ago, $7.80 today with a 2.8% dividend yield and "actual" dividend of $0.213 per share. That would be beyond life changing for me.

Shares on issue is the key metric for me. I have seen a lot of games played with micro and small cap stocks that have hundreds of millions or even billions of shares on issue that become the play thing of shorters. Shorting is a fact of life in these markets, but an excess of shares allows games to be played easily.

If we can go into production with minimal dilution, then we should see strong share price growth, strong EPS and a healthy DPS.

There is still a lot that needs to go right, and I could have made a lot of money by investing in HIO when I learned about them, or made 40% in 3 months on CIA, but as I said: research, conviction, sacrifice and patience.

DSO infill drilling assays in the next 20 - 40 days. This will confirm grade for us and tell us how much of a premium on top of the 62% benchmark price we can expect.

On 31st October, the 62% price was 77.78/t, today is $117.41/t - that is a 50% increase in 71 days.

The AKO share price has remained flat.

There is so much potential upside in this opportunity, it is almost unfathomable.