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Asanko tries to still Muddy Waters

Ghana-focused gold miner Asanko Gold (CN:AKG) says it expects to be in a position where it has more than US$100 million of surplus liquidity by the second quarter of 2018 as it outlined staged expansion plans, days after a short seller’s report saw its stock tumble.

Asanko tries to still Muddy Waters Asanko tries to still Muddy Waters Asanko tries to still Muddy Waters Asanko tries to still Muddy Waters Asanko tries to still Muddy Waters

An upgrade is underway at Asanko’s processing plant

The company said yesterday a definitive feasibility study confirmed its Asanko gold mine was a long life, quality asset, with a robust, two-stage growth plan and strong cash capability.

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