RE:Gold price Absolutely right about gold price. The quarterly earnings for 3 quarters of 2021
were atrocious.
Regarding twelve month trailing earnings, for last quarter eps (4th q 2021),
the trailing twelve on the earnings of $0.07/share replaced $0.05/sh from year before.
The May 16 release of 1st q 2022 eps will replace $$0.01/sh from last year.
Even though production indicated the $0.07/sh last quarter won't be replicated in 1st q due
to significantly lower production in 1st q compared to 4th, I expect the 1st q eps to be
about $0.04/sh but it will replace $0.01/sh from last year.
I also expect 1st q earnings to be the lowest of 2022 as KNT gets into higher grades
and production as stated. Whatever the 2nd q 2022 eps is (guessing $0.07/sh),
it will replace $0.02/sh from same q prior year.
Bottom line:
Even if KNT gold price drops by $100 per share for rest of 2022, the economy of scale and
production expansion now in motion will insure earnings growth.
At the end of the day, it is about earnings growth.