Definitely feels like AKO is on the verge of a breakout. I believe the patience of early investors will be very well rewarded.
We should bear in mind PAC Partners’ 71 cents valuation is for only 10mt of DSO on a risk-adjusted basis. Derisked we’re talking >$2.30.
Likewise it doesn’t include any green steel resource - including this Pac Partners’ valuation would be $1.33 / $5.20 (on a risked/derisked basis).
And both of these together is still only a subset of Bekisopa’s overall 194mt inferred resource and prescribes zero value for Satrokala directly (10km strike vs 6km strike at Bekisopa), Tratramarina or Ambodilafa.
I for one am holding out for dollars not cents.
Ann: Strategic Investor Process, page-11
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Last
12.5¢ |
Change
-0.005(3.85%) |
Mkt cap ! $15.06M | |||
| Open | High | Low | Value | Volume |
| 12.5¢ | 12.5¢ | 12.5¢ | $936 | 7.491K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 18607 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 13.5¢ | 40004 | 1 |
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| Last trade - 15.07pm 08/11/2024 (20 minute delay) ? |
| AKO (ASX) Chart |