AKO 6.45% 14.5¢ akora resources limited

AKO General Discussion, page-237

  1. 2,467 Posts.
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    I've also been doing some projections on what I think the market cap and share price could be given dilution based on the phases ahead of us.

    I won't share that here (people will say I'm ramping), but I'll share that Champion iron, who I use as a delta for my projections started with almost 200m shares on issue by the time they raised to build their mine.

    They also had a $0.15c share price around that time.

    Add per my post above, I estimate we'll have about 100m shares on issue.

    With positive studies we should have a $200m market cap, which means a $2 share price with 100m shares.

    It is not going to take a lot for this company to kick off, and whilst it may be 2 or 3 years away, I believe it will be violent when it does.

    I'd like to hear what others think, and of you've done any calculations, I'd love to see them.

    https://hotcopper.com.au/data/attachments/5007/5007106-0cdd3ab7da7855cda32c510f4600bdd3.jpg


    Last edited by thecrabpest: 29/01/23
 
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