RE:RE:KNTNF Valuation (ie price) by Nov 15 End of Day EIJ,
I can't argue with your two observations... they point to maybe k92's most
efficient quarter meaning an AISC that should be lower than Lewins stated
1410-1540 range.... but kntnf closed at 5.92 which does not make sense.
I have a hard time believing that k92 is not up at least 30% on earnings
after market has a day or two to digest. In addition to earnings, Lewins
should be giving an update on drill result timing which should add a few
years to reserves. Maybe an analyst will also ask if there has been any
discussion of a dividend in 2nd half 2025... I'd at least ask the question.
Takeover- some here have been adamant that a takeover will occur but
all of the stage 3 and 4 ramp up planning was known in November 2023.
That's when kntnf hit a low of $3.44 and p/e=28 due to the mining deaths
in 3rd q2023... that would have been a good time for a takeover so I give it
low probability. However, for those of that thinking, call in and ask the question.
Lewins can either comment or not comment but you would have at least
asked the question.