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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 Mar 07, 2022 12:45pm
202 Views
Post# 34491150

RE:RE:RE:RE:video

RE:RE:RE:RE:videoOne point on the "Gold has increased 200$ lately".

I track the average price of gold via Kitco on a daily basis to get a rough idea on 
the average price of gold per quarter. So when I go to 4th q 2021, I see the following:

4th q 2021--> Oct=$1785; Nov= $1820; Dec= $1795 or approx $1800 for q4
1st q 2022--> Jan=$1820; Feb= $1880; Mar= $1935 or approx $1878 for q1
* Note: I used $1982 as the final March 7 data point as we are early in March

While there is nothing to say that KNT is selling their gold based on the above,
the real q4 to q1 differential is around $80 keeping in mind March is a partial number.
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