RE:RE:new report on K92 just released by Taylor Dart Good summary/report for KNT; however I do have an issue with: ….”the stock remains a little expensive above US$5.40 as it's valued at above US$240.00/oz.” This is somewhat suggesting that evaluation of $176/oz would be more appropriate.
IMHO this cost per ounce (of resource in the ground) is based on merger between two companies and not an acquisition (in case of a hostile acquisition this would be even higher). So no, KNT is not overvalued and any evaluation based on ONLY 4.8 million oz is WAY too conservative & does not account for ~6 million ozs from Judd or additional 3.7 (inferred for now) at Kora.
Yes, more work is to be done in proving this resource but this is why KNT is grossly undervalued & great target for takeover; assuming you have a stomach for some exploration risk.
G37