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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

Comment by cyber37on Mar 29, 2021 3:14pm
182 Views
Post# 32899838

RE:RE:RE:RE:Y/E Financials will probably be a non event as

RE:RE:RE:RE:Y/E Financials will probably be a non event asThese earning s are NOT a non-event, regardless of gold cycles (contracts, pricing etc.) results are just OK & nothing to write home about it. I was expecting 100k oz or more since this is a sociological number and a step up on a way to Tier 1 class; KNT came short of that. Achieving set objectives is expected & part of the plan and that does not excites market. If I recall correctly, cash costs of US$651/oz gold and AISC of US$782/oz gold ounce is higher too. Maybe this was not the time or place for it but I see no reserves updates either.
G37

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