Another release by AKO that has had a negative impact on its...

Another release by AKO that has had a negative impact on its share price that should have been the opposite.

Clearly this drilling campaign is designed to increase the number of tonnes of DSO that has been identified to date. And quite clearly AKO is indicating (in my view) that the current drilling program is likely to deliver in spades -although AKO can't definitively make such a positive announcement before the analysis to be done in Perth is complete (read between the lines).

We all know that more DSO means more cash flow in the early years - leaving more for reinvesting and larger dividends without coming back to shareholders for more capital.

Things are now looking even better for the most undervalued iron ore play in the world. Pity those that don't realise this and aren't getting set at current ridiculously cheap prices.