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  "documentTitle": "Asanko Gold Inc. (AKG)",
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      "text": "free cash flow: -$114.1 million",
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      "text": "If AKG determines that the wall pushback comes at too great a cost and the economics of further developing Nkran are no longer attractive (which we suspect may be the case), it might decide to stop mining the deposit.",
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      "text": "The company continuously guides for positive free cash flow, however it has consistently missed. For example, for 2016 AKG guided for $74 million in “post-tax cash flow”, but ended up burning free cash of -$114.1 million.",
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      "text": "Red Kite, the company's sole lender, has already amended AKG's credit agreement multiple times. The most recent was during Q2 2016, when the revolver was amended to defer repayment of principal for two years.",
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