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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 ElJon Apr 02, 2024 3:53pm
213 Views
Post# 35965983

RE:Stunningly Positive NR for 4th Q

RE:Stunningly Positive NR for 4th QTuesdaynightrid, TaylorB and other poster colleagues,  on the topic of Q4, 2023 earnings exceeding expectrations... they exceded my projections also,  BUT I resectifully draw attention to the significant change between KNT published Q4, 2023 Sales of the three commodities  on January 9th, 2024 compared to April 1st, 2024:

......................................  Jan. 9, 2024 News Release............  April 1, 2024 News Release
Sales of Gold    oz.                        31,931                                      33,273      
Sales of Copper   lbs                     2,995,585                                3.061,956            
Sales of Silver  oz.                         61,712                                      63,301          

With Costs and Overhead charges common in both cases due to unchanged Production, these differences obviously add to Net Profits and Earnings per share. I presume the differences identified here were an administrative issue and that the latest numbers are correct,

Peace,
Good Decision-making to all,
ElJ
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