The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Andrew Rostislav Mikitchook - BMO Capital Markets Equity Research - Analyst
: Just a quick couple of questions. Can you guys give us any sense on seasonality on costs? Are there any substantial planned maintenance periods
that would kind of impact a full quarter of reporting or any significant variations in grade that would also have an impact on production and, more
importantly, costs on an all-in sustaining cost basis so that we can accurately forecast for the trend after a very strong Q4?
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MARCH 31, 2022 / 12:30PM, KNT.TO - Q4 2021 K92 Mining Inc Earnings Call
Question: Andrew Rostislav Mikitchook - BMO Capital Markets Equity Research - Analyst
: And just a quick second question. The new ramp stance, I guess, by 1,000 meters and roughly 2 kilometers to go, what kind of advance rates should
we be expecting or either to be end of this year or per quarter or a month? Just something so we have a rule of thumb to kind of know what to
expect.
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MARCH 31, 2022 / 12:30PM, KNT.TO - Q4 2021 K92 Mining Inc Earnings Call
Question: Andrew Rostislav Mikitchook - BMO Capital Markets Equity Research - Analyst
: I'm sorry, to be clear, so that's both inclined or is that combined, so it's half of that on a...
Question: Andrew Rostislav Mikitchook - BMO Capital Markets Equity Research - Analyst
: Okay. So 75 to 100 meters per month -- other than 1.9 that's left? Is that accurate?
Question: Andrew Rostislav Mikitchook - BMO Capital Markets Equity Research - Analyst
: Okay. And then where -- at what point can you start using this as a drill platform?
Question: Don DeMarco - National Bank Financial, Inc., Research Division - Analyst
: John, how should we think about 2022 guidance? The midpoint is 930 for AISC in light of the strong Q4 with AISC at 672.
Question: Don DeMarco - National Bank Financial, Inc., Research Division - Analyst
: Okay. So we're not necessarily expecting the momentum from Q4 to carry into Q1 per se? But we could see all-in sustaining costs of 672 for Q4?
You could see a reversion up toward the guidance range albeit maybe the lower half of the guidance range in Q1, but still, that's still a $200 increase
Question: Don DeMarco - National Bank Financial, Inc., Research Division - Analyst
: Okay. So we'll look at Q4 as a very strong positive quarter but maybe a little bit of anomaly at this stage, but still hope for that trend to somewhat
continue in 2022, but we'll stick with guidance. The next question, how much Stage 3 CapEx should we model in 2022?
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