AKO akora resources limited

Ann: Satrokala Iron Ore Project First Exploratory Drilling Update, page-4

  1. 2,549 Posts.
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    I 100% agree.

    Everything will be 10x more complex if gold is found.

    The government would likely get very involved in everything.

    We also don't have permits for gold.

    PLEASE PLEASE PLEASE just be iron ore.

    I'm kinda joking about no gold, but not really, a massive gold resource would certainly make things interesting given the price of gold, but I would definitely have a lot of concerns.

    Maybe it could be sold off / spun out as a separate company to raise some funds (IF we could get the permits for gold) and Bekisopa could continue as planned and start making money as quickly as possible.

    The process to get permits and drill out and prove up would likely take years, and be a massive distraction.
 
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