AKO 3.85% 12.5¢ akora resources limited

There was recently a video published from FEX at a conference in...

  1. 2,472 Posts.
    lightbulb Created with Sketch. 1677
    There was recently a video published from FEX at a conference in Sydney.

    It is interesting to see the size of their operation in terms of the amount of equipment and infrastructure for 1.3Mt

    AKO will be looking to probably start at that level, and then scale up to around 2Mt.

    FEX are also producing at about $60 USD/t, whereas AKO are expected to be around the $40 USD - $50 USD dollar mark on the cost curve.

    The big advantage FEX have is their vehicles can have 4 trailers, whereas AKO can only have 1.

    FEX also have unloading and storage facilities, but I would imagine these would be relatively cheap to build in Madagascar, compared to Australia.

    Anyways, not a lot of new information, but a indication of the scale of the operation and size of the equipment fleet required to produce where we'd like to start.
 
watchlist Created with Sketch. Add AKO (ASX) to my watchlist
(20min delay)
Last
12.5¢
Change
-0.005(3.85%)
Mkt cap ! $15.06M
Open High Low Value Volume
12.5¢ 12.5¢ 12.5¢ $936 7.491K

Buyers (Bids)

No. Vol. Price($)
1 18607 12.5¢
 

Sellers (Offers)

Price($) Vol. No.
13.5¢ 40004 1
View Market Depth
Last trade - 15.07pm 08/11/2024 (20 minute delay) ?
AKO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.