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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 LiveSimplyon Jul 15, 2021 8:19pm
106 Views
Post# 33557149

RE:RE:Production Numbers for 2nd Q

RE:RE:Production Numbers for 2nd Q" It would be hard to understand if news release not out by Friday unless there are some issues. " A simple statement that turned out to be highly accurate. There were issues. Don't be so blind.

Longer term (6 months +) today's release means nothing but the sp will be be constrained in the short term based on much higher expectations vs. the 1st q.
That said, 1st q results still allowed for a $15M addition to cash and payoff of a $5M loan. Clearly, the 2nd q results were better than the 1st... just not what was expected.

KNT reference to "many exploration updates nearterm" provides a potential nearterm catalyst along with the August eps being "good" (vs. 1st q) but not 'great' as many of us were expecting.


" Management has done a great job of developing K92, but companies are not in complete control of all variables...". I do not blame management for the 2nd q occurrences, I simply state ther facts... there were issues but I expect things to get better after a pullback.
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