A DUAL GROWTH LISTED VEHICLE
Two growth engines. One listed vehicle.
Hamak Strategy Dual Growth Model
Select Model Parts
CONFIRM
Snowden Optiro was appointed to de-risk Akoko before mine. The study is underway.
The resource it sits on is last disclosed, not a new number.
Snowden Optiro · 13 Aug 2026 · 210,430 oz at 0.76 g/t Au
Snowden Optiro Selected for Akoko PEA
EXPLORE
Flagship gold project in Ghana. The work that defined the resource, not a mill.
Explore comes first: find the ground, then confirm it, then mine it. That order is the model.
210,430 oz · 0.76 g/t Au · MRE
Maiden Akoko MRE
MINE
Mining is the third operations node. Akoko is not producing cash and is not funding the treasury yet.
This is the model.
The operating case sits after the independent PEA. Not a production claim, not cash from the pit today.
After PEA · Open pit case · Not in production
Independent PEA (underway)
GENERATE CAPITAL
Operations are meant to generate capital. That capital splits into treasury and back into the ground.
Generate is the split: hard-money treasury on one side, reinvestment into operations on the other.
Allocation core · Treasury + reinvestment
Dual Growth Engine
BITCOIN
Last disclosed holding. Hard-money treasury, not a trading desk.
Bitcoin sits in the treasury sleeve of the Dual Growth Engine. Spot on the strip is live; the count is company reported.
18 BTC · Company reported · Live spot on the strip
Company reported treasury
GOLD BULLION
Last disclosed bullion in the treasury. Same hard-money sleeve as bitcoin.
Physical gold is the other half of that sleeve. Same rule: last disclosed, not a new number.
0.05kg · Company reported
Company reported treasury
STRATEGIC EXTERNAL CAPITAL
Funding that starts the loop. Listed vehicle, not a pitch to buy the shares.
External capital is how the engine is seeded. The listing is the public record: LSE.
LSE:HAMA
London listing
REINVESTED CAPITAL
Treasury strength recycles into explore / confirm / mine. That is the flywheel.
Reinvest closes the loop: treasury does not sit idle, it goes back into the ground.
Reinvestment loop · Dual growth
Dual Growth Engine