AKO 18.2% 13.0¢ akora resources limited

Great to hear that someone else here is buying! Stu sold nearly...

  1. 2,467 Posts.
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    Great to hear that someone else here is buying!

    Stu sold nearly 10m shares, and at the same time the company raised $3.5m.

    Paul ain't no dummy and has stopped work at Satrokala to conserve cash because things weren't as expected.

    Every dollar saved in this environment will help sustain the company.

    The biggest questions for me are:
    - how long can the cash we have last us once the PFS is paid for? 6 months? A year?
    - how low can we get the costs to produce? Sub $40 would be great!
    - how high can we get the grades with minimal processing and money? Low cost drum separation? WAI are the experts and I'm sure they'll earn their fees...
    - what does a full austerity operation look like and how cheaply can we go mining? $50m was in the Scoping Study, many here like Goldbug think it could be done much cheaper... $40m? $30m? Less?

    Today my holding passed more than 50% losses, and closed at 50.68% down. Horrible.

    Lots of news on the horizon, but it means little if the world is burning.

    The only thing I'm sure of is my confident in the medium to long term is unchanged of we keep progressing in a positive manner.
 
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Buyers (Bids)

No. Vol. Price($)
2 44057 13.0¢
 

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Price($) Vol. No.
14.5¢ 5131 1
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