AKO 6.67% 14.0¢ akora resources limited

Fenix is frankly everything AKO should aspire to be. Your...

  1. 600 Posts.
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    Fenix is frankly everything AKO should aspire to be. Your initial figure suggesting $250m startup is quite excessive, Madagascar's government budget is only some 3ish billion USD... We've really got to consider that the country is incredibly poor. I hope Paul takes proper advantage of this and employs as many Madagascar companies as possible to achieve timely results.

    Injecting a quarter billion dollars is extreme in my opinion, and if this is the figure they come to in the PFS... I think that will put a strain on other further justification studies. For a DSO operation, they really should be aiming for sub-100m.
    Last edited by amlamlaml: 26/05/23
 
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