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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

Post by tuesdaynightridon Apr 01, 2024 6:15pm
176 Views
Post# 35963810

Stunningly Positive NR for 4th Q

Stunningly Positive NR for 4th Q

The 4th q eps at 0.09/share was well above consensus.I personally was expecting
much worse and am a little stunned in a positive way.

Tomorrow, the really big news will be the status of the underground mining operations
that were halted on March 14. Here again, if they report that the issues have been 
resolved with the government, then the 16 day downtime should be offset by a realized
gold price that should be at least $200 greater 4th Q ($1898) to 1st Q.

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