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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 Feb 07, 2024 2:24pm
147 Views
Post# 35868065

RE:Great article on k92

RE:Great article on k92

Thanks for the reference. I just read the National article on KNT.was glad to see a
very recent  positive statement from Lewins on KNT including his expectation of
record ore processing in 2024. This is something that we all expected but I have
been concerned.


Why the concern?

I have been expecting knt to issue their 2024 guidance by now. For the last 4 years,
knt has never failed to provide guidance for the new year later than January 24
...  it's now Feb 7 so why the guidance delay?

So I originally have been expecting guidance of 140-160k AU eq ozs for 2024 but there
has been silence. My assumption until reading these recent comments, was that knt would
report a significant downtime incident likely because they've pushed their equipment too
hard with their recent, record production.

i hope these concerns prove unfounded when knt eventually provides 2024 guidance.

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