Increased debt27 Mar 2025 11:23
Is a big problem here, we are 30% higher than 2 years ago, i know much is ringfenced but the majority needs servicing and i believe until receivables owed start coming in and the debt starts reducing again which AK accomplished between 2019 and 2022 then the share price won't return to 19p where it was when Chad deal first announced.
However if a sensational mid sized deal were to happen then we could see 10-20p added. Niger needs a partner . The renewables won't generate cash for a long time so won't reflect in SP for a long time yet. Is AK waiting to get what i expect to be another bad set of results out of the way in june before we get any significant updates ?