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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 Monctonguyon Mar 11, 2022 9:52am
220 Views
Post# 34506188

M&A

M&A

Mergers, acquisitions and buyouts are in motion. Generally the upside to the acquired company is 30-50% and sometimes more depending upon what's in their pipeline. K92 would be a premium and defiantly to the high side in the event of a sale to a Tier 1. In others, if KNT is sitting at $8.00...expect no less than $12.00. Good chance knt could hit $10.00 after it's March 30th numbers come out. This is when you will see some real interest from the big boys and if so, expect KNT to be valued at close to $15/share as an acquisition target. The good thing is, the longer they hold out, the higher it's valuation will become as they head toward a 350-500K ounce per annum gold company. This l,aces then in the Tier 1 category. In 18 months, without any further increase in gold price, KNT will be $15-20 without any buyout. A buyout at that time would place it north of $23 and as high as $30/share. Sit tight folks and enjoy this money train. Here's a recent example of a buyout representing a 47% increase over 5 day moving average share price. 

https://www.juniorminingnetwork.com/index.php?option=com_acymailing&ctrl=url&subid=13874&urlid=36577&mailid=1318

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