AKO 18.3% 9.4¢ akora resources limited

Oh, the other good thing.2.34m tonnes of DSO X $115/t = $269m...

  1. 2,452 Posts.
    lightbulb Created with Sketch. 1658
    Oh, the other good thing.

    2.34m tonnes of DSO X $115/t = $269m USD or $404m AUD in revenues.

    Let's say cash costs of $50/t (we know it is less), but that leaves us with a profit of....

    2.34m tonnes of DSO X $65/t = $152m USD or $228m AUD.

    Paul raised and spent $3.5m AUD and generated $288m AUD in profit.

    That's an 82X return in investment.

    A massive thanks to Stu Crow who underwrote the last raise. I personally appreciate your investment and contribution to the success of the company. I hope you still have your options and you are able to make some money from the conversion of them.
    ------

    Bonus Facts
    Paul raised and spent $3.5m AUD and generated $288m AUD in profit.

    Let's say 10% of just this resourceupgrade is paid out in dividends, that would represent $0.23c in dividends (a 140% increase on current share price).

    JUST FOR THIS RESOURCE UPGRADE!!!!

    We just raised another $3.5m to drill Satrokala, which is a MUCH BIGGER resource.

    This IS advice to you Jerry. Read these threads, do some research, buy some shares.
 
watchlist Created with Sketch. Add AKO (ASX) to my watchlist
(20min delay)
Last
9.4¢
Change
-0.021(18.3%)
Mkt cap ! $11.32M
Open High Low Value Volume
10.0¢ 10.0¢ 9.3¢ $43.53K 447.9K

Buyers (Bids)

No. Vol. Price($)
1 9072 9.4¢
 

Sellers (Offers)

Price($) Vol. No.
10.5¢ 25000 1
View Market Depth
Last trade - 16.10pm 06/09/2024 (20 minute delay) ?
AKO (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.