K92 Mining Inc T.KNT

what's the next price 'driver'

[4CommonSense]

It would appear there has been some hestition about the stock price and new/additional institutional investing/buy-ins - probably relating to whether  the company can in fact ramp up AU production. It appears it can and will be successfull at doing this in the near future. 

I suspect the next pricing bench mark/hurdle will be when it becomes obvious that 150,000 oz is or will be achieved - subsequently 175,000 oz - then 200,000 oz. 

At each of these production levels the share price will increase AND the probablity of a take-over bid will increase expoentially. 

It appears the share price is significantly undervalued at this point - so  -its a waiting game until the benchmark production increases occur.

In addition, if significant drilling results are reported over the next 4-6 months, extending ore reserves and mine life by say 3-5 years, it will be another positive factor and takeover incentive. 

The recent reporting of  good Zn grades is also interesting and adds to the potentila value of the reserves. 

Like all junior mining companies ramping up production -  its a question of time and when not if a takeover occurs. 

Buffet says  patience is the key success factor when you are onto something good - and we are!

[Dale327845]

I agree with your comments, and would add that K92 also suffers, at this point, from the general reluctance by folk to buy gold companies.  Not sure why that is.  Perhaps the yo yoing of gold price and hence gold conpanies prices is part of that.  Is the present up in gold going to continue, many would be asking.  ( It does seem this time is different for gold price but who

[GoldInsect777]

My bet is sometime early Q2 of 2024 K92 gets a bid for a buyout. That would give KNT a full quarter of production post-phase 3 ramp up and less than 9 months from phase-4 production ramp-up. Not too early for a bidder to confirm the results of KNTs progress and not too late to as to have to get in a potential bidding war with others who wanted to wait for them to hit the 300,000oz milestone. 

[4CommonSense]

I don't think its as sensitive to the price of gold as it is to achieving the production benchmarks -- as you have said I think sometime in the 6-12 months there will be a bidder - perhaps sooner if a potential bidder sees the production goals , ore reserves etc are solid and will be achievable --- and --- before the price goes up --- I would think $12-$14/s is in the ball park when it happens

[GoldInsect777]

I hope that's $12 - $14 USD. I will be disappointed otherwise given that I have held onto 97% of my measly amount of shares of this company since 2016.

[Dale327845]

My thinking is twenty bucks Canadian as a starting point.   K92 was over $10 C in April 2022 when GDXj was at $50, and gold briefly above $2000.  Shouldn't be long 'till gold is plus $2000 again and then if GDXj follows it up, t K92 will also.  And now we are over a year closer to a big production increase by K92.  Depending how high gold goes , $20 is possible for

[ElJ]

I suggest that the reference to $10 in April 2022 is factually correct, but over optimistic as a guide in anticipating future "value" over the coming 12 months,  when one considers that the Net Profit in Q2, 2022 was $0.02 per share and EBIDTA was $0.06 per share for that Quarter....recall that, underlying the "earnings numbers" in Q2, 2022 included key items

[4CommonSense]

A takeover price is a guessing game at this point primarily because the price will move to C$8-$9/s sometime over the next 6-8 months on its own merits. An offer price of C$14-C$15  is more likely to be the case - in the near future.  However, at some point in the not too distant future, AU production will achieve 150,000 oz (perhaps before Stage 3 is completed). At that point