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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 Domingo123on Oct 12, 2023 11:58pm
147 Views
Post# 35681642

RE:New Press Release - K92 Mining Announces Q3.....wow!!!

RE:New Press Release - K92 Mining Announces Q3.....wow!!!It's been looking inviting in the 7's, 6's, 5's and now 4's. No rush to buy here since we know it will flunk earnings in November. Q4 projection looks (too?) good though at 33-38k oz au eq. Management is obviously under pressure to meet the lowered production guidance for the year. Missing their revision would be nothing short of disaster for the stock price. The question is can they pull it off in Q4 when they haven't been able to do it all year? Any downtime with the plant that has to run at max capacity, another safety incident (there's been one every quarter lately), likelihood of a quake (one occurred in PNG just last week), I'd say the odds are stacked against them.
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