AKO akora resources limited

Ann: Bekisopa PFS Update-Testwork suggest increased saleable ore, page-8

  1. 2,536 Posts.
    lightbulb Created with Sketch. 1742
    You're right, it doesn't make sense.

    But we have a sub $15m market cap and a ton of long awaited and potentially company defining announcements due in the next 3 to 6 months:
    - Mineral Resource Estimate (MRE), taking the DSO from 8mt with at 52% cut off, to potentially 15mt with a 40% cut off (and a lot more to be proven up over time)
    - Pre Feasibility Study due within the next 6 weeks that should at least confirm, if not improve on, the numbers in the Scoping Study.
    - MOU with the Government that will clear the way to go mining, and likely start with a bulk sample
    - Funding Discussions that could take any shape or form, including the potential for no (or minimal) dilution

    I think each of these have the potential to raise the price and form a new base, but we never know what the market will do.

    The thing to remember is it was sub 100,000 shares traded, which was valued at less than $11,000.
 
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(20min delay)
Last
9.9¢
Change
-0.001(1.00%)
Mkt cap ! $13.52M
Open High Low Value Volume
10.0¢ 10.0¢ 9.9¢ $128 1.282K

Buyers (Bids)

No. Vol. Price($)
1 50000 9.1¢
 

Sellers (Offers)

Price($) Vol. No.
10.0¢ 100489 2
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Last trade - 10.00am 17/06/2025 (20 minute delay) ?
AKO (ASX) Chart
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