RE:RE:RE:RE:RE:K92 Mining Announces Latest Drilling ResultsGoldInsect777,
When you post that "It should be $20 right now", can you help us please by outlining the basis that you use to back-up such indication?
With the frequently used indicator Net Earnings of $3.067 Million in Q1, 2024 and $33.2 Million for full year 2023, which translates into $0.01 and $0.14 Net Earnings per share respectively, I believe that, "right now" the market is much closer to "right pricing" than your indicated $20.
Cash Flow and EBIDTA are better indicators for a company such as K92 Mining at this particular stage, in my opinion but even there, EBIDTA of $17.6 Million ($0.07 per share) in Q1, 2024 and $84.1 Million ($0.36 per share) for full year 2023, make credibility of $20 per KNT share "right now" appear as "dreaming".
I believe that K92 can be a very solid investment during the next 24 months (would not waste time sharing observations here otherwise) but this will take hard, dedicated operations work and excellence in implementing their credible growth and exploration programs,
Peace,
Good Decision-making to All,
ElJ