Investor Presentation pg 41 Process Flowsheet The KNT investor has been hit with several negative surprises during the H1 2021.
Whe n I look to the 2nd half and beyond, there has been one potential negative that
I see on the horizon.
How prepared is KNT to an equipment malfunction or breakdown that considerably
disrupts the process flow?? I ask this because they have referred to tons processed
considerably exceeding design limits on multiple days in H1 even though processing
lower grades. In reviewing their webpage Investor Presentation on pg 41, you can see the complexity of the process including the quantity of equipment in the process.
Anyway, some questions for KNT management during the August conference call are:
1.) Given the company reference to exceeding tons processed on multiple days in H1,
is there a concern about equipment failure in the process leading to a sustained shutdown
of the tons processed??
2.) Has KNT ordered and/or have on site key processing equipment as backup in case
of equipment failure?.
Hopefully, their processing expertise is extensive enough that they have planned for
eqipment failure and rapid countermeasures to such. The questions should be asked.
I will attempt to forward these thru IR in the next few days so they might be commented
on at mid-August conference call