RE:RE:RE:RE:New C$13.00 Price Target at Stifel NicolausThe only thing going to move KNT higher are catalysts.
Unfortunately, 4th q earnings don't come through until end of March 2022.
Luckily the 1st q will follow mid-May 2022... only a month and a half later.
If you go back from Q1 2020 to present eps are as follows:
2020: 0.02 0.08 0.04 0.05
2021: 0.01 0.02 0.02 4th q= ? (COVID PNG lockdown year)
I expect 4th q at 0.05 followed by 0.07 and continued forward progression w no debt.
Problem: The next 2 months are the desert we have to cross before earnings.
Other than gold moving substantially above $1800/oz, the only other catalyst
out there and totally in KNT hands are the resource update.
Originally, update was to be reported in 4th q which is now a month removed.
They put out a statement that delay was because they would combine the
resource update with additional properties but no timeline.
The shareholders deserve a timeline on resource update thatwas never given.
I'd certainly appreciate a little water from KNT to get over the desert.