K92 Mining Inc Q1 2022 Earnings Call Transcript

The following is excerpted from the question-and-answer section of the transcript.

Question: Michael Fairbairn - Canaccord Genuity Corp., Research Division - Analyst : Congrats on a really strong quarter. Just one question for me around your cash cost in AISC. Very, very strong cash cost in AISC this quarter falling well below guidance. Wondering if full year guidance is starting to look a little bit conservative on those fronts or if we might expect to see a little bit higher costs as we progress through the year?

Question: Don DeMarco - National Bank Financial, Inc., Research Division - Analyst : Congratulations on a strong start of the year. So my first question just has to do with the Gold Dore export license. What is your Dore inventory at the end of Q1? Should we expect potential lift to Q1 -- Q2 sales with this export license now in hand?

Question: Don DeMarco - National Bank Financial, Inc., Research Division - Analyst : Okay. That's encouraging. Now just moving on elections in June. So it says getting closer. Not expecting this to really move the needle, but is there any recent developments that might have any read through or implications on K92? REFINITIV STREETEVENTS | www.refinitiv.com | Contact Us consent of Refinitiv. 'Refinitiv' and the Refinitiv logo are registered trademarks of Refinitiv and its affiliated companies. MAY 16, 2022 / 12:30PM, KNT.TO - Q1 2022 K92 Mining Inc Earnings Call

Question: Don DeMarco - National Bank Financial, Inc., Research Division - Analyst : Okay. Sounds good. And then just finally, on Stage 3 expansion CapEx, of course, we have an estimate from the PEA and then there's another estimate that will be pending with the DFS. We're in this inflationary environment. Can you provide any color on inflation? Or is there any items in this -- in the spend that might be subject to inflation or of concern?