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Kirkland Lake Gold Ltd. T.KGI


Primary Symbol: T.KL

Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.


TSX:KL - Post by User

Post by bossuon Jun 24, 2020 9:08am
213 Views
Post# 31184919

Just advanced numbers before production relase

Just advanced numbers before production relaseFrom the Q2 2019 production
to show the benefit of the Detour acquisition
Production numbers
         Macassa Fosterville Holt/Com, Detour Total
                
Q2 2019 49196 ...140701....24696...0 .....214593
 
Q1 2020 50861...159864...28584  91555 333086

Q2 2020 50 000  160000...Nil.......150000 360 000

This is a ''guestimate'' but shows the influence of the Detour acquisition.
We may expect AISC under $ 775/oz
The number of oz produced is growing ,
selling gold price at $ 1775  for a cash flow of 
$ 1000/oz or $ 360 000 000 for the Q2 2020
Tony's decision to buy Detour is Home Run ''an the Market is soon to understand and react positively to the situation.
No mater the COVID-19 ,KL will have an excellent 
quarter probably better than the Q1  and cash is pouring in !

 
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