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.
- Forums
- ASX - By Stock
- Akora (AKO) VS Fenix (FEX) - a shallow dive
There was recently a video published from FEX at a conference in...
-
-
- There are more pages in this discussion • 5 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AKO (ASX) to my watchlist
|
|||||
Last
11.5¢ |
Change
0.010(9.52%) |
Mkt cap ! $12.65M |
Open | High | Low | Value | Volume |
11.5¢ | 11.5¢ | 11.5¢ | $678 | 5.897K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 3551 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 59995 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 3551 | 0.115 |
2 | 20000 | 0.110 |
2 | 29519 | 0.105 |
5 | 49578 | 0.100 |
1 | 97138 | 0.097 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 59995 | 1 |
0.145 | 37144 | 1 |
0.150 | 79999 | 1 |
0.155 | 22284 | 1 |
0.175 | 3000 | 1 |
Last trade - 11.25am 02/09/2024 (20 minute delay) ? |
Featured News
AKO (ASX) Chart |
The Watchlist
CCO
THE CALMER CO INTERNATIONAL LIMITED
Anthony Noble, MD & CEO
Anthony Noble
MD & CEO
Previous Video
Next Video
SPONSORED BY The Market Online