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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 tuesdaynightridon Oct 17, 2023 2:11pm
165 Views
Post# 35687567

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

RE:RE:RE:RE:New Press Release - K92 Mining Announces Q3.....wow!!!AU eq oz production:

Analysts hopefully will press KNT on their 2024 AU eq production estimate at the 11/14 eps mtg.
When stage 3 is completed, KNT targets 290k AU eq production which realistically won't be in place before mid-2025 or so.

4coomonsense posted meeting interim production numbers from 175k- 200k- 250k.
That is a good question for analysts to ask KNT, "what is the AU eq guidance for 2024?"
... 2023 is now at 111-116k which was revised down from 120-140k.
Given their recent comments on mining higher grades along with record ore mining,
I'm hoping they can state a target of 175k AU eq in 2024 but let's hear from KNT 
(In November or at latest their 4th q production update in early January).

Similarly, KNT just revised their AISC cost to 1180-1300.
In 1st q 2023, AISC went to $1506 then $975 in 2nd and now $1180-1300 guidance.
What is target 2024 AISC guidance? Any trend to below $1000 would be most welcome.

Record earnings could be realized before stage 3 completed at 175k AU eq oz and AISC below $1000.


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