Akora Resources Ltd (ako) Logo

Akora Resources Ltd (AKO)

___:___ · Basic Materials
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VOLUME
DIV YIELD
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52 WEEK RANGE

AKO Chart

Snapshot

AKO's Principal Activity is the exploration for iron ore in Madagascar.

Share Price Activity

Last (Price)
Change 0.00 (0.00)
Bid / Ask -
Volume
Volume (4w avg)
Turnover
Open
Day Range -
VWAP
Prev Close
Last Trade

Performance

1 Week
1 Month
2021 YTD
1 Year
vs Sector (1yr) -
vs ASX 200 (1yr) -61.95%

Size

Market Capitalisation
ASX Rank 2,002 of 2,319
Sector Rank 642 of 801

Key Fundamentals

Shares Issued
Sector Basic Materials
Similar Companies ELE / G50 / ENX
EPS -$0.009
DPS $0.00
NTA per share $0.00

Broker Consensus

AKO is not covered by a major broker, or data from most recent compilation was omitted due to not meeting QA guidelines.

Announcements

Date Heading Pages File Size Time

Corporate Overview

AKORA Resources Limited (AKO) is an Iron ore exploration in Madagascar. It has acquired three tenement packages with iron mineralisation potential. It holds the tenements over land of some 308 km2 within the emerging Archean iron mineralisation province of central and eastern Madagascar.

Incorporation Details

No incorporation details available.

Corporate Details

Head Office Princes Hill VIC 3054
Website www.akoravy.com
Registry Link Market Services
Auditor Bentleys
Date Listed 15 Dec 2020

Upcoming Calendar (Forecasted)

Date Event
20/01/2022 Report (Quarterly)
11/03/2022 Report (Annual)
20/04/2022 Report (Quarterly)
25/07/2022 Report (Quarterly)

Dividend History

DPS and Yield calculations use the Pay Date.

Ex-Date Amount Franking Gross Type Payable
No dividends paid.

See Upcoming Dividends for all ASX companies.

Directors & Management

Directors & Management

Name Title Since Bio
Mr Michael (Mike) Henry Stirzaker Non-Executive Chairman,Non-Executive Director Aug 2020 Director Bio icon

Mr Michael (Mike) Henry Stirzaker

Non-Executive Chairman,Non-Executive Director

Mr Stirzaker has over 30 years commercial experience, mainly in mining finance and mining investment. Mr Stirzaker began his career in Sydney as a Chartered Accountant with KMPG before moving into investment banking with HSBC Group and then Kleinwort Benson in London. From 1993 to 2007, Mr Stirzaker was part of the natural resource advisory and investment firm, RFC Group, where he became Joint Managing Director. From 2010 until 2019, Mr Stirzaker was a partner with the private equity mining fund manager, Pacific Road Capital. He is also director of Base Resources Ltd, Firestone Diamonds plc and Prodigy Gold.

Mr Stephen Leslie Fabian Non-Executive Director Jan 2017 Director Bio icon

Mr Stephen Leslie Fabian

Non-Executive Director

Mr Fabian started career in open pit and underground mines as a mining engineer, Mr Fabian joined Bankers trust as a Resource Analyst/Portfolio Manager. Mr Fabian moved to NatWest Securities and later transferred to London with NatWest where he led the Australian mining resources team responsible for research and financing mining developments in emerging markets. Mr Fabian formed Rock Capital Partners Limited in 1996 to specialize in resource venture capital, providing advice and financing. Mr Fabian has also provided consulting advice to Genus Capital Fund, the predecessor to the Baker Steel Resources Trust which raised over GBP 100 million when listed on the London Stock Exchange. Mr Fabian is the principal for several unlisted entities in Europe and South America.

Mr Paul Gerard Bibby Chief Executive Officer,Managing Director Jul 2015 Director Bio icon

Mr Paul Gerard Bibby

Chief Executive Officer,Managing Director

Mr Bibby is a metallurgist with over 35 years experience in both mining and metals industries. Mr Bibby worked for 23 years with Rio Tinto Limited (formerly CRA Limited) in various operational, technological and business development roles. With Rio Tinto, Mr Bibby held various operational roles at Rio Tinto Aluminium (formerly Comalco), Kaltim Prima Coal and Rio Tinto Iron Ore (Hamersley Iron). At Trio Tinto Iron Ore, Mr Bibby was manager of metallurgy at both Dampier and Paraburdoo. Mr Bibby joined Zinifex Limited in 2004 as General Manager-Technology and then played a leading role in the merging of Umicore and Zinifex smelting businesses to form Nyrstar and became Chief Development Officer based in London. On returning to Australia, Mr Bibby was appointed Chief Executive Officer of OceanaGold Corporation and following OceanaGold, Mr Bibby performed various consulting roles.

Mr John Michael Madden Chief Financial Officer,Company Secretary,Executive Director Oct 2009 Director Bio icon

Mr John Michael Madden

Chief Financial Officer,Company Secretary,Executive Director

Mr Madden has over 30 years of experience in the mining Prospectus - AKORA Resources Ltd 92 industry. He joined CRA Limited (now Rio Tinto) from the University of Melbourne in 1981 and held several corporate positions in accounting, planning, business analysis, taxation and strategy and acquisitions. Between 1996 and 2000, he was Manager Finance for the Rio Tinto/Freeport Joint Venture in West Papua. In 2000, he was appointed General Manager Finance for Morobe Consolidated Goldfields Limited in Papua New Guinea, where he was responsible for all commercial, legal and risk assessment studies performed as part of the feasibility study for the development of the Hidden Valley Gold Project. In 2003, Mr Madden returned to Australia where he joined Indophil Resources NL as General Manager-Commercial. Mr Madden was responsible for all accounting, business analysis, corporate secretarial, legal and taxation functions in Australia and the Philippines. He was also responsible for all commercial functions associated with the Indophil Pre-Feasibility Study for the Tampakan Copper-Gold Project. At the end of 2007, he provided consulting advice to Indophil as well as other mining entities including the Australian Premium Iron Ore Joint Venture, Intrepid Mines Limited, Mesa Minerals Limited and Ok Tedi Mining Limited.

Director Transactions

AKO directors must report any change in shareholding to the ASX within 5 business days.

See Director Transactions for all ASX companies.

Date Director Type Amount Price Value Notes
20/08/21 John Madden Buy +43,000 $0.229 $9,868 On-market trade
05/08/21 Paul Bibby Buy +40,000 $0.252 $10,089 On-market trade
29/04/21 John Madden Buy +57,000 $0.355 $20,250 As advised by the company
29/04/21 Paul Bibby Buy +14,000 $0.368 $5,154 On-market trade

Director Interests

The current holdings of AKO directors.

Director Last Notice Direct Shares Indirect Shares Options Convertibles
John Madden 20/08/2021 662,344 614,682 N/A N/A
Paul Bibby 05/08/2021 1,489,759 239,682 50,000 N/A
Stephen Fabian 31/12/2020 893,636 N/A N/A N/A
Michael (Mike) Stirzaker 31/12/2020 N/A 100,000 50,000 N/A

Shareholder Info

Top 20 Shareholders

Data supplied by Morningstar and accurate on Mar 5, 2021.

It's not possible to publish a real-time Top 20 Shareholder list. Companies are not obliged to report this data (with the exception of Substantial Shareholders above 5%). If a company chooses to publish the data, it's usually once a year in their Annual Report.

All data is manually compiled so there might be a delay between the Annual Report being published and the data appearing on Market Index (<7 days for ASX 300 and up to 30 days for micro-caps).

Name Shares Capital
Evanachan Limited 7,728,788 12.76%
HSBC Global Custody Nominees Uk Limited 5,091,910 8.40%
HSBC Custody Nominees (Australia) Limited 3,808,950 6.29%
Travis Anderson 3,473,855 5.73%
John Charles Tumazos 3,353,486 5.53%
Pacific Road Capital Management Gp Ii 2,504,506 4.13%
Paul Gerard Bibby 1,389,759 2.29%
Cline Mining Corporation 981,492 1.62%
Kyriaco Barber Pty Ltd 900,000 1.49%
Stephen Leslie Fabian 893,636 1.47%
Citicorp Nominees Pty Limited 801,608 1.32%
Edward Pennock 749,738 1.24%
John Michael Madden 662,344 1.09%
Dheeraj Sharma 626,611 1.03%
Ma Bayram Llamas & El Garcia Bayram 583,911 0.96%
Alan Mercer 524,017 0.86%
JMJW Super Pty Ltd 514,682 0.85%
Terence Wayne England 500,000 0.83%
Natisone Pty Ltd 500,000 0.83%
Caithness Resources Pty Ltd 471,760 0.78%

Shareholder Distribution

As reported in the most recent Annual Report.

Holding Size 1 - 1,000 1,001 - 5,000 5,001 - 10,000 10,001 - 100,000 100,001+ Total
No. of Shareholders 0 17 196 394 79 686

Substantial Shareholders

A substantial shareholder is a person or entity that owns 5% or more of the voting shares in a company. Shares can be held through multiple entities, so the Substantial Shareholders list differs from the Top 20 Shareholders list.

Shareholding changes less than 1% do not require notification to the market. When all “Last Notice” dates are identical, it suggests that no (or minimal) change has occurred since the most recent Annual Report.

Name Last Notice Total Shares Shares Held (%)
Mackenzie Financial Corporation 21/04/2021 3,800,000 6.23

Shareholders Buying

12 month transaction history compiled from ASX announcements.

Date Name Bought Previous % New %
21-04-21 Mackenzie Financial Corporation 3,800,000 -- 6.23

Shareholders Selling

12 month transaction history compiled from ASX announcements.

No sell transactions reported by Substantial Shareholders in the past 12 months.

Historical Data

Share Price History

Date Close Change %Chg Open High Low Volume Turnover

Historical Data

Year Closing Price Last Trade
No Financial Year End data available
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AKO Historical Price Data (CSV)
Up to 20 years of EOD share price history
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