I have to agree with all posts on this thread. With MCap of $108M it won't take much exported IO to exceed this in it's first year. This is trading on negligible low volume - 75,000 shares traded so far today yet 360M shares on offer. The insto's and savvy investors all have their bets in place and aren't going anywhere. With haematite DSO and cheap, easy rail and port AKI's best assett is it's early mover advantage. Announcement out 30/3 showing up on Commsec - Executive Management Team Now In Place In ROC - looks good - seems like they have the pedal to the metal. Also I recently spoke to Joe Ariti - he was happy to take my call. He was confident that all was well with very little political risk in ROC compared to other jurisdictions in Africa. Also happy that the transport arrangements were very strong and would work out at min 5Mt p.a. for AKI - along with EQX each to pay for their own rolling stock and port setup facilities. IMO patience is required and will be rewarded. DYOR ADH
AKI Price at posting:
29.5¢ Sentiment: Buy Disclosure: Held
