RE:KNTNF 3rd Q Price by mid-Nov eps ReleaseSimplified comparisons between some selected recent Quarters:
Oct. 9
th NR
............................................ Q3,2024 …… Q2, 2024 …… Q4, 2023 …… Q3, 2023
Gold Equiv. Produced ozs. 44,304 24,347 39,101 26,225
Gold Produced ozs. 41,702 21,661 33,309 22,227
Avg. Head Gold Equiv. g/t 13.8 8.5 8.7 7.32
Avg. Head Gold g/t 13.0 7.5 7.4 6.20
Gold Sold ozs. 45,248 19,064 33,273 18,339
Copper Sold lbs. 1,615,185 898,578 3,061,956 1,255,291
Silver Sold ozs. 46,062 18,467 63,301 30,484
Realized Gold Price $US $2,246 $1,898 $1,848
Net Income / Sh. $US $0.03 $0.09 $tiny negative
EBIDTA per Sh. $US $0.07 $0.17 $0.03
Cash Cost per oz. $US $919 $430 $684
AISC per oz. $US $1,510 $1,062 $1,300
A few of observations: - Head Grade in the feed mix is of course a Critical performance driver
- My expectation for Realized Gold Price in Q3, 2024 is in the region of $2,400
- The 3,546 ozs. of Gold Sold from Inventory in Q3 will have a (one time) reduction impact on Q3, 2024 AISC, with the opposite effect when Inventory Build occurs.
Hope that this selective comparisons provide useful perspective, but Stage 3 implementation is the "real change agent",
Peace,
Good Decision-making to All,
ElJ