Normally, the next catalyst from knt would be the 1st quarter production results.
Last year these were released on April 6, 2023 so we might expect these any day
next week.
Obviously the only real catalyst that matters is whether underground mining has resumed.
Gold is sitting at all time highs and at levels now nearly $300 higher than 4th q avg but knt
mining remains down. If it stays down then not only will both the 1st q and 2nd q earnings
be negatively impacted but the opportunity to dramatically pay down stage 3 and 4 costs
will have been lost with higher gold.
Was there not constant and continuous communication between knt safety personnel and
the government on countermeasures to address last summer's deaths? Right now the
shutdown makes no sense unless we've not been told the full story from last summer.
KNT was to meet last Friday with the regulatory personnel as Lewins stated, I'm expecting
an announcement soon on resumption. Hopefully that will come next week because
right now it's the only thing that matters.