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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. > KNT 3rd Q earnings and trailing 12 months
View:
Post by LiveSimply on Nov 11, 2021 11:56am

KNT 3rd Q earnings and trailing 12 months

Going back to 2020, the eps is as follows:
2020:
1st= 0.02; 2nd= 0.08; 3rd= 0.04; 4th= 0.05
2021:
1st= 0.01; 2nd= 0.02; 3rd= ?.

Obviously, the prior 2 quarters were the worst in over a year w COVID.
If we can get an $0.04 in Q3 then KNT has inferred that Q4 will be
the strongest quarter of 2021 (ie post COVID hopefully).
That would bode well for an $0.07 or 0.08 in the 4th which, 
unfortunately, we won't know until March 2022.

If a strong resource update is also realized in this quarter then
this should provide a further catalyst along with a rising gold price.
Momentum should be on KNT's side.

Hopefully, the Monday morning conference call has analysts and
investors asking all the pertinent questions
Comment by ElJ on Nov 11, 2021 1:01pm
 LiveSimply,                     I fully agree when you write... "If a strong resource update is also realized in this quarter then this should provide a further catalyst along with a rising gold price." As we await the Q3, 2021 Financial reporting early next week, we can project some expectations based on Q3, 2021 ...more  
Comment by oilsyd on Nov 11, 2021 3:57pm
EIJ, You are quoting gold oz produced when it is gold sales that give you financial results  In Q2 this year they only sold 19K ( approx 27 K in Q2 2020) during the quarter with some sales deferred to this quarter. Oilsyd
Comment by ElJ on Nov 11, 2021 6:59pm
Oilsyd,                We appear to be in agrement... perhaps you did not read the piece stating..."given the published significant difference between Actual Gold Produced in Q3 and Gold Sold in Q3, 2021,  I roughly estimate that Q3, 2021 Revenues  can show approx. $3 million increase compared to $35.518 million in Q2, 2021. I suspect that we ...more  
Comment by oilsyd on Nov 11, 2021 8:49pm
Sorry, EIJ,  I am a bit tired and as you correctly surmised, I did not read the whole message.  Let's hope that the promise of increased production is finally realised in Q4. Oilsyd
Comment by ElJ on Nov 18, 2021 1:02am
Observation for clarification: When in a previous post I had indication my expectation ..."given the published significant difference between Actual Gold Produced in Q3 and Gold Sold in Q3, 2021, I roughly estimate that Q3, 2021 Revenues can show approx. $3 million increase compared to $35.518 million in Q2, 2021"   WHY was actual revenues in Q3, 2021 $35.370 ? The ...more  
Comment by merlin991 on Nov 11, 2021 4:55pm
The really big thing now is that sentiment has changed. Transitory is now not transitory.  Inflation is here to stay. The next big 'revelation' is how will governments pay down their debts? Once it is mainstream common knowledge that is when the precious metal complex gets really pushed up.  KNT needs to show it's resource numbers. A 10 million oz resource will get this ...more  
Comment by LiveSimply on Nov 13, 2021 1:53pm
Reminder, That Monday morning conference call will be at 8:30am EST time (Toronto time). The more questions to KNT (and interpretations) the better.  EPS and news release prior to conference call. ... $0.04/share would be a robust number for the 3rd Q... we'll see
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