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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. > The National Article
View:
Post by tuesdaynightrid on Dec 22, 2023 8:23am

The National Article

Thanks for the link to National article.
".... has announced a distribution of  K1.2 million in its share participation plan...".

There are currently 234 million KNT shares outstanding and, at first I thought meant
1.2 million shares but with k preceding the amount this is the Kina currency.

So, in reality, since the PNG Kina trades as 1 Kina= 0.27 usd, this amounts to only
$324,000 usd... a minor cost to knt... if I read this correctly.
Comment by Bjornsjodin82 on Dec 22, 2023 2:04pm
Your welcome. Yes its kina  so you read it correct.