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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 cyber37on Jul 13, 2022 2:10pm
155 Views
Post# 34821470

RE:Quick Summary extracts from Q2, 2022 Update

RE:Quick Summary extracts from Q2, 2022 UpdateWhat is missing from this summary is that in Q2 2022 they dug out 44% more ore then in Q2 2021 yet production increased only ….just over 4%. Also I’m not sure what “Gold grades were below budget due to stope sequencing” means – I’m not a miner; but it looks like this had an impact on this rather inefficient operation in this Q. Apparently KNT will return to ‘normal stope sequencing”  in 2nd half of 2022. Glad to see some uptrend in KNT trading today & I hope this is the end to this recent cave-in.

I like this stream of news releases; looks like Proxy Advisers are trying to earn their keep.
G37

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