AKO akora resources limited

So it has been more than 6 months since the drills stopped...

  1. 2,572 Posts.
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    So it has been more than 6 months since the drills stopped spinning in Madagascar.

    It's been about 4 months since we had a number of presentations and interviews indicating to the plan going forward.

    The raise was announced about 2 months and the first half of the funds were received.

    We had the AGM and voted on the resolutions 2 weeks ago and the second half of the funds were approved.

    There were announcements today saying the shares are being issued.

    In the 5 months since the year started we have achieved a lot, but we have absolutely zero visibility with relation to the plan going forward.

    Items have been alluded to, but there are no details.

    The share price hit, bounced off and has now headed back to all time lows.

    I don't think it is an unreasonable expectation as shareholders to know what the plan for the year is given we are almost half way through the year.

    Multiple expectations have been set and deadlines have come and gone, and whilst I'm a big believer in the company, the resource and management, I'm a realist when it comes to my money and my investments.

    I'm hoping there is an announcement in the next week, and I'm hoping for details with relation to time and cost that I can make informed decisions against.

    Please let me know if you think I've got this wrong, or are other people experiencing the same frustrations with the lack of communication?
    Last edited by thecrabpest: 01/06/22
 
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