Released a few hours ago. I've copied/pasted it below.
AKA produces 99.99% HPA using its OWN technology and feedstock.
AKA - the Next Mining Boom crew has sent out another email to all subscribers a few hours ago with more glowing praise for AKA.
Here is the article:
In our original report on AKA, we made numerous references to the stunning success of one of AKA’s potential competitors listed on the TSX: Orbite Aluminae (TSX:ORT)
Orbite rose from 8c to well over $5 on announcing production of its first tonne of 4N HPA from its pilot plant… a milestone which AKA is potentially just 12 months away from achieving.
The significance of this announcement comes in the pricing available in the market for 4N HPA.
4N HPA can command prices as high as $300/kg:
Interestingly, AKA are now looking to produce even higher quality purity HPA which would provide even greater margins:
AKA is aiming to produce up to 5 tonnes per day of HPA for as low as $2/kg. If this turns out to be the case it would result in MASSIVE margins (and massive revenues)
The next step in the AKA roadmap is to build a pilot processing plant and produce its first tonne of HPA, and hopefully repeat the blistering share price rises of its Canadian competitor, Orbite.
AKA has said that they are now reviewing financing options for a HPA production plant.
An easy mistake for one to make is to assume that for AKA to become a producer it must have its patents approved for its HPA production process, which were applied for a few months ago.
AKA having its patents approved is NOT CRITICAL for production, however if they were approved it would protect AKA’s process from replication.
The MAJOR catalysts for AKA in the near term are:
1) Funding. AKA requires $20m to fund its pilot plant and currently has $3.2m in the bank as at 31 March 2013. A funding arrangement will be a significant catalyst for AKA, especially if it comes in the form of a strategic investor or JV deal.
2) Offtake agreements. Arranging offtake for AKA’s HPA product will mean that AKA will have secured a buyer for its product.
AKA is planning to repeat the success of its Canadian peer Orbite which turned out be a ’30 bagger’ from a similar point in development that AKA is at now.
The company has an exciting period coming up with plenty of news flow, and The Next Mining Boom will be following closely every step of the way (and we’ll keep you updated too).
Put AKA on your watch list and thank us later – make sure to keep your eye on AKA over the next 12 months, on what promises to be an exciting story (and exciting stock price).
AKA Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held