K92 Mining Inc T.KNT

Alternate Symbol(s): KNTNF

Metals & Mining Gold

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.

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K92 Mining Inc > What is Known of KNT Until August Earnings Release

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Comment by tuesdaynightridon Jul 17, 2024 2:35pm

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Post# 36137088

RE:RE:What is Known of KNT Until August Earnings Release

EIJ,
I'm not sure I understand your lead in question regarding $300 AU increase from
$2016 in 1st q (which you correctly state) to the $2338 area.... while knt has not yet
published the actual realized gold price in 2q, it will approximate $300.
Also, If you look at a kitco gold chart for 2nd q, you'll remember that KNT
was not producing for the last half of March/1st half of April.
So there was no gold to sell until mid April and beyond when the gold price
was significantly higher than April 1.

i suspect that will result in an increased eps vs 1st q.

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