Another productive weekend spent researching, thesis is even more bullish for $AKN, investor webinar tomorrow, Friday traded record volume and closed at the highs, this is a true rerating of a stock, with the volumes backing it up. Drilling in may just in a few days.
$AKN first time in years this stock has seen this much consistent buying volume, looks like a genuine rerate. Surpassed all resistance, first target gap fill at 8c that won't take long to reach here, following this 13.5c and beyond. I have not seen this good of a proper rerating set up like this in a very long time.
$AKN's best in class ~14% HREO ratio for context makes it the highest heavy rare earth company while having high grade overall TREO with shallow hits 41m at 3.7% TREO ending in mineralisation.
Spent the weekend doing due diligence on $AKN βs recent #Tundulu REE acquisition in #Malawi. What stood out the most, on top of the grade/scale/low capex characteristics
The HREE ratio β ~14% weighted vs ~2β5% for most hard rock REE deposits. AKN's ratio is~3β5x higher
In REEs, HREE exposure (Dy, Tb) is one of the biggest value drivers, is what separates projects and will be a difference maker for $AKN
$AKN just picked up #Tundulu and itβs still flying under the radar.
Same Malawi REE belt as $LIN #Kangankunde (~$1.8B) and Songwe (~$280M)
$AKN ~ $30M
Large carbonatite system
Shallow mineralisation
10,000m drill program coming
Early stage = biggest upside
$AKN just picked up #Tundulu and itβs still flying under the radar.
Same Malawi REE belt as $Lin Kangankunde (~$1.8B) and Songwe (~$280M)
$AKN ~ $30M
Large carbonatite system
Shallow mineralisation
10,000m drill program coming
Early stage = biggest upside
Spent the weekend doing due diligence on $AKN βs recent #Tundulu REE acquisition in #Malawi. What stood out the most, on top of the grade/scale/low capex characteristics
The HREE ratio β ~14% weighted vs ~2β5% for most hard rock REE deposits. AKN's ratio is~3β5x higher
In REEs, HREE exposure (Dy, Tb) is one of the biggest value drivers, is what separates projects and will be a difference maker for $AKN