AKO akora resources limited
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Not really research, but more an observation...Looking at a...

  1. thecrabpest
    2,536 Posts.
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    09/01/25
    14:38
    Post #: 77334777
    Not really research, but more an observation...

    Looking at a comparison for speccy iron ore companies...

    Hawsons (HIO) have a $19m market cap

    Magnetite Mines (MGT) have a $15m market cap

    and AKO has a $13m market cap

    Crazy when you think about it, given how much closer to production given our PFS is less than 10 weeks away.

    How much cheaper it will be to get our project started - probably $50m, rather than $3B to $5B

    How much more profitable per tonne we will be, with costs around $40/t for the DSO phase, and a base price of $100/t VS $120/t for HIO who do not have a low cost option for start up.

    Iron Ore at $98/t USD, which is $157 AUD

    Last edited by thecrabpest: 09/01/25
    AKO Price at posting: 9.5¢ Sentiment: None Disclosure: Held
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