Akora hopes investors go mad for Madagascar offer

ALMOST a decade after initially securing an interest on a potential iron ore play in Madagascar, tiny private explorer Akora Resources is seeking a cash injection to do what other ASX-listed players have failed to do so far: develop an African iron ore business.

Akora hopes investors go mad for Madagascar offer Akora hopes investors go mad for Madagascar offer Akora hopes investors go mad for Madagascar offer Akora hopes investors go mad for Madagascar offer Akora hopes investors go mad for Madagascar offer

Iron ore sampled from Akora's leases

Akora, which was founded by finance director John Madden in 2009, has been accelerating its focus in Madagascar since securing an initial 75% stake in its flagship Bekisopa from Cline Mining in 2014.

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