RE:KNT January 2024 CatalystsTuesdaynightrid,
While I share your anticipation of the 2023 Production results and K92's Annual Guidance 2024 during this month of January, I am at a loss to understand your statement that " it looks fairly certain to me that they will hit 40k AU eq oz for 4th q 2023".
Simply based on published company projections of their 2023 Production which they indicate to be in the range 111k to 116k Gold Equiv. oz and the reality that K92's Actual Accumulative Production for the first 9 months of year 2023 was 78,507 oz Gold Equiv. , the "deduced projection" for their Q4, 2023 Gold Eq. Production would be in the range 32,500 to 37,500 ozs. The higher region of this would represent excellent production performance for Q4, 2023 IMHO.
I certainly anticipate that the Sales of product during Q4, 2023 will benefit nicely from reduction (in part) of the 6,066 Gold Inventory ozs. held by K92 at the end of Q3, 2023 and also that the Realized Price of Gold in Q4, 2023 will also be quite helpful (I expect, a Realized Price in the region of $50+ higher per Gold oz. in Q4, 2023 compared to Q3, 2023.
Hope that some of these points may be useful to short range expectations, but the longer term will be determined by solid execution on company growth plans for both production and exploration ,
Peace,
Good Decision-making to All,
ElJ