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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

Comment by ElJon Apr 02, 2024 3:53pm
251 Views
Post# 35965983

RE:Stunningly Positive NR for 4th Q

RE:Stunningly Positive NR for 4th QTuesdaynightrid, TaylorB and other poster colleagues,  on the topic of Q4, 2023 earnings exceeding expectrations... they exceded my projections also,  BUT I resectifully draw attention to the significant change between KNT published Q4, 2023 Sales of the three commodities  on January 9th, 2024 compared to April 1st, 2024:

......................................  Jan. 9, 2024 News Release............  April 1, 2024 News Release
Sales of Gold    oz.                        31,931                                      33,273      
Sales of Copper   lbs                     2,995,585                                3.061,956            
Sales of Silver  oz.                         61,712                                      63,301          

With Costs and Overhead charges common in both cases due to unchanged Production, these differences obviously add to Net Profits and Earnings per share. I presume the differences identified here were an administrative issue and that the latest numbers are correct,

Peace,
Good Decision-making to all,
ElJ
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