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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 oilsydon Jul 15, 2021 10:07pm
161 Views
Post# 33557354

Share price

Share priceIt was not quite what I was hoping for, but it was much better tha Q1 and there was a lot of good news to digest.  The production at approximately 25000 is the second highest on record for a quarter and given the COVID 19, there seems to be plenty more left in the tank.  Tomorrow's shareprice will depend on whether the market  is disappointed as we were led to believe that they would achieve record production or whether the market interprets the results as pretty good considering the circumstances.  I am therefore neutral in the short term but remain highly confident that in the medium term this company will deliver record high production numbers that will be reflected in a higher share price by the end of the year.

GLTA

Oilsyd
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