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K92 Mining Inc T.KNT

Alternate Symbol(s):  KNTNF

K92 Mining Inc. is a Canada-based company, which is engaged in the production of gold, copper and silver at the Kainantu Gold Mine in the Eastern Highlands province of Papua New Guinea, as well as exploration and development of mineral deposits in the immediate vicinity of the mine, including Blue Lake, in Papua New Guinea. The Company holds the mining rights to Mining Lease 150 (ML 150). Within and surrounding ML 150 is an epithermal vein field consisting of multiple known and highly prospective vein systems: Kora, Irumafimpa, Karempe, Judd, Kora South, Judd South, Mati, Maniape and Arakompa. Mining is focused on the Kora vein system, consisting of two dominant veins and the Judd vein system consisting of four known veins with one vein being mined. There are multiple near-mine infrastructure targets, within the Kora-Kora South, Judd-Judd South and Karempe vein systems.


TSX:KNT - Post by User

Post by ITSTHELAWon Mar 24, 2021 3:58pm
220 Views
Post# 32868627

Y/E Financials will probably be a non event as

Y/E Financials will probably be a non event asThe company has already updated us with the 67mil cash (cash is king), no debt and current forward guidance of no covid impact on 2021 operations (might change if the covid has spread). Either way, Financials are pristine, projected aisc makes this company a major takeover target with or without the daily bllsht. All publically traded companies have strategic planning which evolves as the company grows. The day to day noise of Yellen and Powell are something to consider for short term investors but are not how businesses plan their future.Cash flow, Internal rate of return, tax rates, buy or lease etc are some of decisions management makes in the short term and longer decision making processes! Oops, if we were all as smart as the wannabe interpetors of the fed, businesses could make a lot of more "wannabe informed decisions" LOL, wish I was as smart!
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