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  "documentTitle": "Asanko Gold Inc. (AKG)",
  "authorId": "51_Muddy_Waters",
  "authorName": "Carson C. Block",
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  "sourceTypeLabel": "Short seller",
  "presentationDate": "2017-05-31 00:00:00",
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      "text": "Introduction: AKG is Highly Likely to End Up a Zero...4\nNkran: Putting AKG Between a Rock and a Hard Place...7\nNkran is already experiencing serious wall collapses...7\nThe west wall collapse is not trivial...9\nThe west wall collapse is a sign of AKG’s desperation...11\nNkran might “pinch out”...12\nNkran might have as few as two quarters of mining left...14\nThe Satellite Deposits are Unlikely to Yield Significant Cash Flow...15\nDelays and changes to AKG’s satellite deposits and expansion plans...17\nWe are skeptical about the potential of Dynamite Hill...18\nThere are clear indicia of sloppiness in the Dynamite Hill MRE and DPP that call the substance into question...20\nNext mine up: Akwasiso...21\nFlawed MRE Analyses are at the Root of AKG’s Problems...23\nNkran does not contain the gold AKG and investors expected...24\nThe December 2016 MRE seems to true up Nkran geology flaws, but still raises questions...26\nRecord gold price assumption helps AKG reassure investors...28\nAKG updated its MRE, but failed to provide a new technical report...31\nAKG’s Looming Liquidity Crisis...32\nRed Kite Loan...36\nAKG’s cash flow forecasts should be given no credence...36\nEverything is NOT Ok, Management is Not Conservative...38\nAKG cannot seem to get its story straight on relocating the village at Nkran...38\nPre-stripping uncovers another memory hole...40\nAKG creates opacity by delaying release of its block model reconciliation for over one year...41\nSenior management’s track record is less impressive than investors seem to realize...42\nBreese and Steyn have taken significant money off the table...43",
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