K92 Mining Inc T.KNT

Great presentation from John Lewins on K92

[Chatzkal]

John Lewins keynote from the 2024 Diggers & Dealers Mining Forum in Kalgoorlie, Western Australia.

[tuesdaynightrid]

Chatzkal, Thanks for the link. One takeaway- Lewins continues to show AISC for CY2024 as $1440-1540 but shows drop to $545 w stage 3 expansion run rate. I personally expect the AISC to come down in 3rd q toward $1300 due  to the huge inefficiency of shutdown/ restart in 2nd q. The bigger positive though is imagining the knt net margins once they do reach a $545 AISC w stage 3

[Malpeque2]

From the technical reports AISC for Stage 3 Feas Study is $732.    For Stage 4 from the PEA is $687 AISC.   Nobody has $545 AISC that I see.    Where did you get that number from?  Just to be conservative I use $800 AISC and see that the EBITDA and OCF and FCF are still ok.

[tuesdaynightrid]

Malpique2, Good question. If you go to graph at minute 7:10 of posted 2024 Diggers and Dealer Mining video, the data is there. Because the  script was so small on my iPad, I had to take a picture and then blow it up to confirm the data viewed. --> AISC: CY2024 $1440-1540 to $545 for stage 3 run rate .. seems very low but that's what Lewins posted

[Malpeque2]

Tuesdaynightrid: Thanks for the info link.   I can't quite read the slide but appears your number is correct.      Seems to be a bit too low.   But..............Lewins has a pretty good history of meeting or exceeding guidance. He made a point to state the waste to ore is high right now as they expand the mine infrastructure and open up more faces,