- K92 Mining released its preliminary Q3 results last week with quarterly production of ~22,300 gold-equivalent ounces.
- The company has finally completed its Stage 2 Expansion at the Kainantu mine, with record mill throughput of 64,700 tonnes in the quarter.
- While the Q3 production was well below Q2 2020 levels, it's important to note that this was an abnormal quarter due to commissioning, with feed grades deliberately lowered.
- I expect K92 Mining to have a strong finish to FY2020 with record production in Q4, and I would view any dips below US$4.80 as low-risk buying opportunities.
For further details see:
K92 Mining: Set For A Strong Finish To FY2020