Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum 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 Discussion

K92 Mining Inc. > A question for the board, what is KNT worth @
View:
Post by themason on Aug 06, 2020 9:31pm

A question for the board, what is KNT worth @

$ 3,000.00 gold price because we will soon be there. I say $ 30-40 a shr US
Comment by ElJ on Aug 07, 2020 12:21am
At $3000 Gold per oz. many things will  probably have changed...... Covid expansion will be somewhat(even if sadly) clearer and K92 Mining will probably be at 140, 000 oz production per year and preparing to expand production to 320,000 oz. per year. If, in a very simplistic sense, one takes  $(3000 - 2050) X (140,000) / 213 million shares, extra revenue, much of which, less the prod ...more  
Comment by themason on Aug 07, 2020 7:17am
Kl reached $ 30 on net income of $ 290,000 for the year, if KNT does 150,000 oz's x $2,400 = $ 360,000 for the year.  That would be $3,000 Gold - $600 AISC=$2,400 
Comment by themason on Aug 07, 2020 7:23am
In the previous post, those numbers would be millions not thousands.
Comment by MikeyD1 on Aug 07, 2020 6:17pm
At $3000 gold, $35 per share is possible but think a few things would need to happen first: (1) no mining license renewal overhang (hopefully gets resolved by Q2/Q3 2021); (2) resources are closer to the 10M range (currently at 5.2M but have 6 drills turning with 10 drills turning by end of Q4 2020); (3) continued execution with a few quarters of 75koz+ production after Phase 3 is implemented; and ...more  
The Market Update
{{currentVideo.title}} {{currentVideo.relativeTime}}
< Previous bulletin
Next bulletin >

At the Bell logo
A daily snapshot of everything
from market open to close.

{{currentVideo.companyName}}
{{currentVideo.intervieweeName}}{{currentVideo.intervieweeTitle}}
< Previous
Next >
Dealroom for high-potential pre-IPO opportunities