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  "documentTitle": "Asanko Gold Inc. (AKG)",
  "authorId": "51_Muddy_Waters",
  "authorName": "Carson C. Block",
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  "presentationDate": "2017-05-31 00:00:00",
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  "notes": "The table highlights a significant discrepancy between previous and updated resource estimates, specifically noting a loss of 140,000 oz of gold and increased mining costs.",
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      "text": "The net impact was -2.8%, -140,000 oz. equating to a loss of $160 million of reserve ounces in the ground.",
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      "text": "Change in Qty of Au: -$160 million",
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      "text": "The net impact was -2.8%, -140,000 oz. equating to a loss of $160 million of reserve ounces in the ground. Moreover, AKG also will now have to mine out an additional 4.05 million tons of ore that will likely require 16 million tons of waste, an additional estimated cost of $50 million and still extract less gold than planned under its prior MRE.",
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      "text": "100 Value calculation range is based on a 95% recovery rate and a $1200/oz selling price. 101 The company has not yet provided the strip ratios for each pit, but even at a low 4:1 ratios, this would require over 16 million tons of waste.",
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      "text": "Table comparing changes in Tonnage, Au Grade, and Qty of Au across multiple deposits.",
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      "kind": "title",
      "text": "Dec 2016 MRE (Constrained and Depleted) CJM Consulting vs. Updated Results based on CSA Global",
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