AMAK LIQUIDITY AND CAPITAL RESOURCES
|12 Months Ended|
Dec. 31, 2019
|Schedule of Equity Method Investments [Line Items]|
|LIQUIDITY AND CAPITAL RESOURCES||
Liquidity and Capital Resources
As shown in the financial statements, we have incurred three consecutive years of net losses however, the Company has operating income and generated cash from operations for the last two years. In addition, we have updated our mineral reserve estimates and extended the life of the mine. We believe that our continued operations and the additional debt financing discussed in Note 10 will provide us the necessary liquidity and capital resources.
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
No definition available.