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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 30, 2024 1:25am
175 Views
Post# 36014036

RE:Payoff for mngmnt..when do shareholders get paid?

RE:Payoff for mngmnt..when do shareholders get paid?In response to the question .... I believe that in the second half of year 2025 there can be a strong pay-off to investors buying in the current $7.50 per share price region.

With Q1, 2024 results due-out before market opens on Monday May 13, 2024, I expect modest Net Profit per share... probably somewhere (my estimate) between $0.04 and $0.06 per share, but comparison with  Q1, 2023 will be fairly presented as quite favourable.     Recall:...

Gold Head Grade was 5.21 g/t in Q1, 2023   vs.   6.4 in Q1, 2024;
Gold Equiv. Head Grade  was 6.35 g/t in Q1, 2023    vs.   7.2 in Q1, 2024;
and Realized Gold Price was $1,807 per oz.  in Q1, 2023  vs  probably in the region of $1985 per oz. for (yet to be released) Q1, 2024 financial results,

Peace,
Good Decision-making to All,
ElJ
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