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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 23, 2024 9:40pm
153 Views
Post# 35896827

RE:RE:RE:Bad Management

RE:RE:RE:Bad ManagementMy main problem with the current guidance was the 120-140k range.
I had estimated 140-160k... why?

KNT made references thru the 4th q referring to "multiple throughput records"
beginning with the 3 record days in early Oct then the 7 days in a row in Nov, etc.
So why hype this only to provide the same 120-140k guidance as 2022 and 2023.
As other poster noted, the 39.1k oz produced extrapolates to 160k per year. 

The market will eventually expect earnings growth for knt to move higher.

Below are the EPS and ttm data from 2020 thru 3rd q 2023.
Note that last quarter (3rd q) we hit 0.0 but also that there have not 
been more than 2 back to back quarters where the eps increased.
If 0.0 eps is a bottiom and if knt can begin to demonstrate continuous quarterlty
growth for consecuive quarters then knt can start the climb higher. 

             1st.                 2nd.                3rd.                4th
2020    0.02               0.08                0.04.               0.05 (0.19)  
2021    0.01 (0.18)    0.02 (0.12)      0.02 (0.10)      0.07 (0.12)
2022.   0.06 (0.17).   0.02 (0.17).     0.01 (0.16).     0.06 (0.15)
2023.   0.02 (0.11)    0.04 (0.13)      0.00 (0.12)

Any unexpected surprises such as higher gold prices or resource update
would be welcome. 


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