RE:another critical milestone achieved -- Two(2) excellent Quarters back-to-back by K92 Mining, BUT note that Q4, 2024 operating excellence has been significantly leveraged by Feed containing
avg. Gold Head Grade at 17.3 g/t .
- We are all aware that current operations are in a vain structured mine environment with exploration and development activities indicating an average Gold Equiv. Head Grade in the 10 g/t region
- In Q4, 2024 "Throughput was deliberately reduced to maximize recoveries at the higher feed grade".
- COE John Lewins statement ..."As we look ahead at 2025, there is tremendous enthusiasm ..... for the upcoming delivery of Stage 3 Expansion which is designed to transform Kainantu into a Tier 1 Mid-Tier Producer"
- Based on some personal assumptions and calculations, including the commodity contracts
- Gold Call ctrts 13,337 oz. sold at $2,492 / ounce October 2024
- Gold Call ctrts 12,411 oz. sold at $2,572 / ounce November 2024
- Gold Call ctrts 13,246 oz. sold at $2,632 / ounce December 2024
- Balance of Q4, 2024 Sold Gold at my eatinate) $2550 - $2575 region
- Copper and Silver sales price assumptions
- Taxes payable in Q4 on significant Q3, 2024 earnings, etc, etc....
I antiucipate AISC (All-In Sustaining Costs) in the region of just below $800 for Q4, 2024 and Earnings in the region of $0.26 !! Certainly a hugely successful H2, 2024, but I suggest (in view of the Gold Head Grade in Q4, 2024) retaining much of the excitement about potential here for the very significant volume increase coming in H2, 2025 with Stage 3 Expansion,... and beyond,
Peace,
Good Decision-making to All,
ElJ