AKI 0.00% 56.0¢ african iron limited

Thanks for that phogg.Another reason why AKI is a potential t.o...

  1. 176 Posts.
    Thanks for that phogg.

    Another reason why AKI is a potential t.o target by EQX is their proximity to one another and would create shareholder value via synergies and reduced production costs.

    AKI management have been able to deliver key milestones on time and on budget so credit goes to them. But what is important is that with each key milestone been attained, more certainty and viability is created for the project. We are coming to a stage where financing options must be explored now so it would be in the best interest of whoever wants AKI to make a play at AKI as the financing structure could hinder/assist any t.o or significant shareholdings in the future.

    Note that volume since early october 2011 the XJO has experience rapidly changing volatility whilst AKI has been up over 70% on strong consistent volume.

    My opinion only. DYOR
 
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