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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. > Production Numbers for 2nd Q
View:
Post by LiveSimply on Jul 14, 2021 3:26am

Production Numbers for 2nd Q

It would appear that we're running a little behind schedule on the 2nd quarter production numbers.
It would be hard to understand if news release not out by Friday unless there are some issues.
With gold tweaking upwards, a positive July catalyst (ie production numbers) might propel the price up another 5-10% before actual financials in mid August.
Comment by themason on Jul 14, 2021 7:40am
There has been a lack of news, this could also be preperation for a buyout, they are one of the biggest targets for a buyout, i would like to see them grow to 300,000 oz's before a buyout and get the buyout price over $20
Comment by themason on Jul 14, 2021 7:43am
Take over Target https://www.streetwisereports.com/article/2021/07/08/four-potential-takeover-targets-on-this-precious-metals-fund-managers-list.html
Comment by BlindBoy on Jul 15, 2021 10:26am
" It would be hard to understand if news release not out by Friday unless there are some issues. " You can't impose your own "schedule" on a company, and demand that they follow it, especially when they have clearly laid out their own timetable for releasing the relevant information. I think you'd be better served to develop some patience, (or change ships).  ...more  
Comment by BlindBoy on Jul 15, 2021 4:37pm
lol ...  looks like you successfully imposed your will on management, and the acceded to your demands  :) K92 Mining Announces Q2 Production Results and Record Plant Throughput at the Kainantu Gold Mine Record quarterly plant throughput with 75,667 tonnes processed, representing a 53% increase from Q2 2020. Quarterly production in Q2 of 25,015 oz of gold equivalent (“AuEq”) ...more  
Comment by LiveSimply on Jul 15, 2021 8:19pm
" It would be hard to understand if news release not out by Friday unless there are some issues. " A simple statement that turned out to be highly accurate. There were issues. Don't be so blind. Longer term (6 months +) today's release means nothing but the sp will be be constrained in the short term based on much higher expectations vs. the 1st q. That said, 1st q results still ...more  
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