Akora (AKO) VS Hawsons (HIO), page-51

First 51 Last

Share
Profile

Follow
Mas37

1,242 Posts.

369

16/04/24

13:23

Post #: 73367555
Share

Originally posted by thecrabpest: ↑

"World Class Mine"
CORRECTION: AKO have a 31% mass yield / recovery rate, not 40% as described above. This impacts a few things, I will try and clarify below.

AKO are also capable of producing 71% product compared to 70% for HIO, which I would assume translates to a more desirable (and valuable) product.

For all intents and purposes, let's run with 70%.

Whilst it can't be denied that HIO have high grade ore with a ~70% concentrate product at 40 microns, AKO are able to product at or near that with 75 micron grind.

As per the post above, HIO also have a recovery rate of 13% VS ~31% for AKO.

To correct above, for AKO it equates to about 145mt of concentrate for the whole of Bekisopa VS 400mt for HIO, and not 196mt as per the post above.

Paul has said that mining iron ore is as much a logistics challenge as any other type of challenge, and HIO need to move AND process AND transport almost 2.4X (and not 3X as described above) the material as AKO to produce 1 tonne of product.

AKO has completed about 6000m of drilling so far.

I have no idea in relation to how many holes and thousands of meters of drilling HIO have completed, but it is going to be A LOT as I heard they had 3 drilling teams on the resource.

AKO also have the "South West tenements" which are about 10kms away. Hopefully we can get some EM survey work done, as well as a couple of drill holes to see how much what the ore is like (hopefully consistent), and get a feel for how big the resource is.

Expand

Akora is a small asset and is in high risk geopolitical risk country.. that's the main issue .. look at Genmin case most recently and several others in the past...!

AKO Price at posting: 15.0¢ Sentiment: None Disclosure: Not Held
1 Upvote

0 Great analysis

Reply

Top Stories

XRG

XReality Group wins $800K contract from Aus Government for military and police VR training tech

LLC

ACCC raises competition concerns about acquisition of Lendlease projects

ALK

Alkane Resources hit 57.2Kozpa gold production through FY24 – and eyeing 70Ktpa in FY26

LAT

Latitude 66 Shares Surge 8900% on Promising Exploration Update

AS2

Askari sets exploration target of up to 323K ounces Au at Burracoppin

There are more pages in this discussion • 3 more messages in this thread...

First 51 Last

Add AKO (ASX) to my watchlist

(20min delay)
Last 15.0¢		Change 0.000(0.00%)		Mkt cap ! $18.07M

Open	High	Low	Value	Volume
0.0¢	0.0¢	0.0¢	$0	0

Buyers (Bids)

No.	Vol.	Price($)
1	10000	14.5¢

Sellers (Offers)

Price($)	Vol.	No.
15.0¢	100000	1

View Market Depth

No.	Vol.	Price($)
1	10000	0.145
2	493244	0.140
1	296000	0.135
2	510000	0.130
1	11639	0.086

Price($)	Vol.	No.
0.150	100000	1
0.155	25000	1
0.160	112498	4
0.165	14000	1
0.180	13950	2

Last trade - 16.12pm 04/07/2024 (20 minute delay)

AKO (ASX) Chart

Day chart unavailable

Akora (AKO) VS Hawsons (HIO), page-51

XReality Group wins $800K contract from Aus Government for military and police VR training tech

ACCC raises competition concerns about acquisition of Lendlease projects

Alkane Resources hit 57.2Kozpa gold production through FY24 – and eyeing 70Ktpa in FY26

Latitude 66 Shares Surge 8900% on Promising Exploration Update

Askari sets exploration target of up to 323K ounces Au at Burracoppin

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Akora (AKO) VS Hawsons (HIO), page-51

Top Stories

XReality Group wins $800K contract from Aus Government for military and police VR training tech

ACCC raises competition concerns about acquisition of Lendlease projects

Alkane Resources hit 57.2Kozpa gold production through FY24 – and eyeing 70Ktpa in FY26

Latitude 66 Shares Surge 8900% on Promising Exploration Update

Askari sets exploration target of up to 323K ounces Au at Burracoppin

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News