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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

Post by ITSTHELAWon Mar 24, 2021 3:58pm
201 Views
Post# 32868627

Y/E Financials will probably be a non event as

Y/E Financials will probably be a non event asThe company has already updated us with the 67mil cash (cash is king), no debt and current forward guidance of no covid impact on 2021 operations (might change if the covid has spread). Either way, Financials are pristine, projected aisc makes this company a major takeover target with or without the daily bllsht. All publically traded companies have strategic planning which evolves as the company grows. The day to day noise of Yellen and Powell are something to consider for short term investors but are not how businesses plan their future.Cash flow, Internal rate of return, tax rates, buy or lease etc are some of decisions management makes in the short term and longer decision making processes! Oops, if we were all as smart as the wannabe interpetors of the fed, businesses could make a lot of more "wannabe informed decisions" LOL, wish I was as smart!
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