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K92 Mining Inc. T.KNT

Alternate Symbol(s):  KNTNF

K92 Mining Inc owns and operates the high-grade Kainantu Gold Mine in Papua New Guinea which is currently operating at a design annualized production rate of approximately 120,000 oz AuEq per annum and is expected to produce at a run-rate of +300,000 oz AuEq per annum following its Stage 3 Expansion.


TSX:KNT - Post by User

Bullboard Posts
Comment by ITSTHELAWon May 15, 2020 6:10am
247 Views
Post# 31031727

RE:What i don't like about the report COVID 19

RE:What i don't like about the report COVID 19I think withdrawing guidance is the norm now.

From the MD&A ( the below sounds okay to me, could be a lot worse). 


"Production guidance for 2020 Updated Guidance
The Company is withdrawing its full-year 2020 guidance due to timing uncertainty related to international travel for commissioning of our Stage 2 Plant Expansion due to the COVID-19 SOE declared by the PNG Government on March 23, 2020. Once clarity on timing is reached, we will provide updated guidance. The mine continues to operate at the Stage 1 plant throughput with modifications made to mine sequencing already implemented to increase cash flow. There are no confirmed cases of COVID-19 within our workforce and we are encouraged by the progressive relaxing of restrictions."
Bullboard Posts