AKO's Principal Activity is the exploration for iron ore in Madagascar.
|Bid / Ask||-|
|Volume (4w avg)|
|vs Sector (1yr)||-|
|vs ASX 200 (1yr)||-61.95%|
|ASX Rank||2,002 of 2,319|
|Sector Rank||642 of 801|
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.
No incorporation details available.
DPS and Yield calculations use the Pay Date.
|Mr Michael (Mike) Henry Stirzaker||Non-Executive Chairman,Non-Executive Director||Aug 2020||
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||
Mr Stephen Leslie Fabian
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||
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||
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.
AKO directors must report any change in shareholding to the ASX within 5 business days.
See Director Transactions for all ASX companies.
|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|
The current holdings of AKO directors.
|Director||Last Notice||Direct Shares||Indirect Shares||Options||Convertibles|
|Michael (Mike) Stirzaker||31/12/2020||N/A||100,000||50,000||N/A|
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|
12 month transaction history compiled from ASX announcements.
|Date||Name||Bought||Previous %||New %|
|21-04-21||Mackenzie Financial Corporation||3,800,000||--||6.23|
12 month transaction history compiled from ASX announcements.
No sell transactions reported by Substantial Shareholders in the past 12 months.
All data on this page is supplied by the ASX, Morningstar and Market Index. Read the disclaimer.