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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 oilsydon Jul 30, 2021 6:36pm
179 Views
Post# 33636031

RE:RE:@crux interview

RE:RE:@crux interview

You are right.  He doesn't sound like a salesman at all.  But, he gives slow and sure responses that are full of details.  He seems well aware of everthing that is going and has paid attention to the small things that matter.  I liked that fact that they were already thinking of stage 4.  This is definitely going to be a long term hold for me.

Some key points:

Increasing throughput by 25%.  That means a 75% increase in stage 2 over stage 1

Opening up more stopes for mining.

Bringing Judd into production later this year.

Drill results from Judd later this month?  Did he mean July?

Judd is extra to the anticipated production for stage 3.

Feasibility study 1st quarter 2022

All developments being done in house and are fully funded from cashflow.

Results on Blue Lake by the end of the quarter.


The whole message was that they are actually working on trying to exceed targets in both planning and execution stages.

Cheers

Oilsyd

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