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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 LiveSimplyon Mar 29, 2022 9:57pm
204 Views
Post# 34557524

KNT Catalysts: Next 45 Days

KNT Catalysts: Next 45 DaysOver the next 45 days, the following 3 updates will occur:

1.) March 30: 4th Q EPS     2.) mid- April:1st Q production   3.) mid- May 1st Q EPS

Right now KNTNF TTM sequential EPS= 0.02, 0.02, 0.01, 0.05 or $0.10/share TTM; P/E=68

AU eq sold was 36,145 (4th q) vs. 24,122 (3rd q) and 18,939 (2nd q)
or 1.5 and 1.9 times the prior 2 quarters... these are significant differences

The average price of gold has been;
1st q 2022 ($1880), 4th q 2021 ($1797), 3rd q 2021 ($1791), 2nd q 2021 ($1820).
While tomorrow's 4th q eps may not be helped by prior quarter's ave gold price,
the 1st q 2022 EPS reported in May will be helped with that AU price about $80 higher.

The 4th q AU eq grade given in January: 12.1 v. the prior quarters at 9.8, 10.5 and 8.5... also big.

In short, my guess is the above adds up to $0.05/share 4th EPS tomorrow depending on how much cash was set aside for stage 2A expansion... I recall at early March interview they had $80 million in cash but only $56 million at end 3 q, 2021 which is good long term but may affect EPS short term.

Whatever the 4th q EPS results are, the 1st q results in May should be even better.
We should know 1st q production comparison metrics in15 days (g/t AU eq + AU eq production).

I'll be curious to see how close to $0.05/share we are tomorrow... hope I'm low.

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