K92 Mining Inc T.KNT

Another Question for KNT 11/14 EPS Meeting

[tuesdaynightrid]

The following is my cut and paste of AISC cost from KNT updated website presentation:

AISC (Au): $864/oz - 2022; 2023 Outlook $1,180-$1,300/oz (temporary increase largely due to
Stage 3 & 4 Expansion capex

Question:
As noted, KNT states AISC 2023 outlook as $1180- $1300/oz... a "temporary increase......" 
Does the term "temporary" extend into and thru entire 2024??

This is similar to a question i posed earlier on AISC but references their exact verbiage which is
unclear beyond 2023.

[cyber37]

A very valid question, yes. When I bought KNT in 2020 AISC was less than $700/oz and to me it was one of the deciding factors. I believe it was last year on skype when John Lewins stated that because of processing a stockpiled lower grade ore this will increase. So, I think this was to be expected; however how high this will go & how long it will last is of concern. I hope that when production

[Bjornsjodin82]

The aisc is upp because of the things you Said.  The stage 3-4 expansion.  John mentioned one time at a press conference that we can argue if it's aisc or suststaining /expansion  capex cost .             Knt choosed to put it as aisc.  2025 when stage 3 is upp and running it Will drop to 700. In a recent interview John Said that it Will

[cyber37]

Well, costs are costs but accounting for them should be standard so investors are able to compare between companies. For me both AISC and ore grade are most significant indicators when looking to buy shares for operating mine. It appears KNT got into some creative accounting here but for what reason? Still, I hope this share price slide will stop soon; it is rather ugly out there. G37