AKO General Discussion, page-481

I assume you're speaking to the "no value poster".

The SP is $0.16c. admittedly it's come back from $0.19c, big deal, the timelines for most of us are the next 18 months and $5m of investment into proving up more resources.

Based on what's been released so far (12 months ago)

- 196mt of DRI upgradeable ore (refer to the post above)
- 4.5mt of DSO from the original maiden resource announcement (likely to be upgraded, but let's run with 4.5mt until it's confirmed).
- 2% higher grades than 62% benchmark, call it $4usd/t per 1%
- lump premiums
- estimated $40 - $50 USD per tonne production costs for DSO
- yes there will be infra costs, but they'll be in one of the poorest countries in the world, and the costs won't be anywhere near development costs for projects in Australia
- possibility for self funded DRI expansion
- more DSO tonnes in the northern zone
- EM survey and probable drilling for resource definition in Satrokala

I'm getting sick of my own spruiking to be honest.

Whatever. What will be will be.

The enterprise value (market cap minus cash) won't be $10m for ever, and I plan on having 3m+ shares by the time the PFS is released.

YOLO