RE:RE:RE:RE:RE:RE:K92 Mining Announces Latest Drilling ResultsEIJ
Great Bear Resources was bought out for well over $1.5 billion in cash and shares by Kinross- just about KNTs current market cap. That's a resource that won't be mined for at least 5+ years and probably hundreds of millions in starting capital.
KNT is on course to be a tier one mine in three years all on it's own dime, which is to say nothing of the synergies and efficiencies that a major producer would be able to implement in the expansion plan if they were to theoretically buy it soon.
What you're talking about with EBIDTA and Cash Flow doesn't apply as much to growth stories like this one as they do to traditional value buys in the mining sector. All they should need in terms of cash flow and earnings per share is "Good enough" to get by while they prove the trajectory of the expansion to their 450,000 oz/year build out is working.