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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 tuesdaynightridon Oct 10, 2024 8:16am
179 Views
Post# 36260542

KNTNF 3rd Q Price by mid-Nov eps Release

KNTNF 3rd Q Price by mid-Nov eps Release

These results far exceeded my expectations of 35k AU eq oz for quarter.

i will publish details of eps projections and assumptions after I look 
more closely at the data. Right now I see 3rd q eps at $0.12.
If so, then this would show ttm eps as follows:
ttm eps from +0.03+ 0.01 +0.08 + 0.00= $0.12
to ttm= +0.12 +0.03 +0.01 +0.08= $0.24
* note: replacing 3rd q 2023 at $0.00 w $0.12 is huge.

Therefore, the following scenarios are in place fro kntnf based on 
p/e in mid- November eps release:
 

Price= $10.8 at p/e= 45
Price= $8.4 at p/e= 35... in case of gold retrace
In any case, price should be considerably higher by mid- Nov

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