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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 BlindBoyon Jun 14, 2022 7:20pm
244 Views
Post# 34756657

RE:RE:my opinion re:financing

RE:RE:my opinion re:financingI agree, Merlin.  I think they are being receptive to this highly priced financing pretty much as a hedge against (overall) market uncertainties currently being displayed pretty much across the various facets of the financial markets.

That's why I view it as a win-win: better to tap into decently priced funding while the numbers are in your favour, "just in case" the world economies really do begin to panic (temporarily). 

Overall, I'm not at all concerned for the future of K92, but in the case of world panic scenarios, we know that panics can create some severe (albeit temporary) bumps along the path forward.  




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