$KNT (-6.14%)

Small additional purchase.

The EBIT margin makes buying fun.

Gold will rise again at some point.

In the hope of peace

My dears,

what do you think

Hello my dears,

what would be your theory why the gold price is falling today?

In my opinion, it could be related to the rising oil price, which is causing inflation to rise.

that means:

Uncertainty about Fed monetary policy Market participants are unsure whether the US Federal Reserve will really ease further. Rising or less sharply falling interest rates make gold less attractive.

I was able to make a few reflections while cycling today. And the fresh air put me in a buying mood.

And what does all this have to do with the price of gold?

Maybe because the sun gave me golden thoughts. Like :

How great the K92 numbers were, and on today's sunny day it might be a nice thing to use today's DIP to buy a small tranche.

My dears, what do you think of my purchase?

Maybe riding a road bike in the sun is my 🔮.

(@Crash-Propheteus )

$KNT (-6.14%)

K92 Mining owns the high-grade, low-cost Kainantu gold mine in the Eastern Highlands of Papua New Guinea. The mine is located on an approximately 830 km² property in a Tier 1 region and has undergone significant expansions. The Stage 2 expansion (Q3 2020) doubled throughput to 400 ktpa, followed by Stage 2A (Q2 2023) which increased capacity by 25% to 500 ktpa (now capable of >600 ktpa). In December 2022, K92 approved its largest expansions - Stages 3 and 4 to 1.2 mtpa and 1.8 mtpa respectively. The updated Definitive Feasibility Study of October 2024 envisages production of over 300 koz AuEq per annum at a low AISC of US$920/oz for Stage 3. The Stage 4 expansion is targeting over 400 koz AuEq per year. Construction of the Stage 3 process plant is complete and was completed under budget, with first production in October 2025. The official inauguration of the plant shortly thereafter marked a major operational milestone for K92. Drilling continues apace, with up to 12 rigs targeting further growth.

K92 Mining Inc. profit increases for the full year

02.03.2026,

K92 Mining Inc. Gewinn steigt im gesamten Jahr

High-quality and fast-growing gold producer

Potential catalysts

• " Kora & Judd drilling (ongoing)
• " Kora South & Judd South drilling (ongoing)
• " Porphyry exploration (ongoing)
• " Arakompa and Maniape drilling (ongoing)
• " Wera drilling (ongoing)
• " Stage 3 ramp-up and production milestones (ongoing)

WHY INVEST?

• Rapid production growth.

The new, state-of-the-art Stage 3 expansion process plant with a capacity of 1.2 million tpa was completed and the official opening took place on October 16, 2025. The updated DFS Stage 3 expansion provides for a production rate of over 300 koz AuEq per year. The Stage 4 expansion is planned to reach over 400 koz AuEq per year.

• ~830 km² land package in 'elephant country'.

Large number of priority vein and porphyry targets identified and expansion to up to 12 drill rigs on site.

• High-grade, low-cost mine.

2024 grade: 11.5 g/t AuEq (10.7 g/t Au, 0.55% Cu, 15.2 g/t Ag) 2024 AISC: $1,066/oz Au.

• Experienced team with proven track record.

International expertise in mining, exploration and finance.

• Significant resource growth.

+579% in M&I and +1,114% estimated growth from end of 2017 to Q4 2023 with extensive potential for resource growth nearby through strike and depth extensions and nearby priority vein targets.

• Socially responsible mining.

Underground mining with low environmental impact; ~92% of national workforce in PNG. Strong focus on environment, community and corporate responsibility.

Kainantu mine

K92 Mining is focused on the operation and expansion of the Kainantu Gold Mine, located in the Eastern Highlands Province, Papua New Guinea. Since acquiring the project from Barrick Gold in 2014 and restarting in late 2016, K92 has turned Kainantu into a fast-growing producer and mineral resource company. Production has also been low cost, which is testament to the high grade, continuity, solid thickness, geotechnical and metallurgical characteristics of the deposit. The transformation was driven by a series of discoveries in the nearby infrastructure.

Kainantu-Mine: Hochwertige Goldproduktion | K92 Mining Inc.

The Blue Lake Porphyry Project is a significant gold-copper discovery in K92 Mining's highly attractive Kainantu region of Papua New Guinea. Located just 4 km southwest of the high-grade, producing Kainantu Gold Mine, Blue Lake represents a large-scale, well mineralized porphyry system with significant growth potential. The maiden Inferred Resource of 14.6 Moz AuEq makes it one of the most significant porphyry discoveries in Papua New Guinea and one of the largest known mineralized porphyries in the country.

Führendes Wachstum des Goldbergbaus in Papua-Neuguinea | K92 Mining Inc.

K92 is not a diversified multi-commodity producerbut a focused gold gold producer with copper and silver by-products. This makes the company heavily dependent on the gold price, but at the same time they benefit from the additional metal streams to reduce costs.

Metal AuEq (oz) Share

Gold 139.123 93,0 %

Copper 9.853 6,6 %

Silver 1.776 1,2 %

Total 149,515 100 %

 K92 is a high-grade gold producer with extremely low costs.

 Gold dominates the valuation, copper stabilizes the costs.

 The Stage 3 expansion could lift production towards 250-300k oz AuEq - with costs remaining low.

K92 Mining

Region: Papua New Guinea

Mine type: High-grade underground mine

Character: Extremely high grades, low costs, strong growth

Gold grade: 10-15 g/t AuEq (world-class grades, benchmark in the sector)

Cost structure (AISC)

800-1,000 USD/oz (very low, copper byproducts help)

Growth potential

Growth driver: Stage 3 expansion → 250-300k oz

Valuation: Very high

Sales and earnings performance of K92 Mining

In the last financial year, the revenue of K92 Mining Inc. increased by 75.1% from USD 200.3 million to USD 350.6 million. Profit rose by 235.4% from USD 33.2 million to USD 111.2 million. The net profit margin was thus 31.7% compared to 16.6% in the previous year. On November 10, 2025, K92 Mining Inc. reported its Q3 figures for the quarter ending September 30, 2025. Revenue in the earnings period amounted to USD 177.5 million (+44.6% compared to the same quarter of the previous year) and profit was USD 85.7 million (+84.3% compared to the same quarter of the previous year).

2025-11-10 K92 IFS - Final

PowerPoint Presentation

K92 Mining announces operational guidance for 2026 - Significant production growth and exploration program planned

January 26, 2026

Neueste Nachrichten und Updates – Bleiben Sie informiert | K92 Mining Inc.

K92 Mining Announces Strong Fourth Quarter Production Results - Record Annual Production, Multiple Operating Records, Achieved Upper Production Guidance and Completed Commissioning of Phase 3 Expansion Process

January 12, 2026

Neueste Nachrichten und Updates – Bleiben Sie informiert | K92 Mining Inc.

CAD in millions

Estimates

Year Turnover Change

2025 811,7 60,83 %

2026 1.252 54,23 %

2027 1.719 37,29 %

2028 2.138 24,36 %

Year EBIT Change

2025 535,5 115,23 %

2026 929,4 73,54 %

2027 1.468 58 %

2028 1.797 22,4 %

Year Net result Change

2025 368,5 130,14 %

2026 527,8 43,25 %

2027 777,8 47,36 %

2028 992,7 27,63 %

Net debt not available

Year Free cash flow CAPEX

2023 -37,8 138,8

2024 36,1 195,5 %

2026 379,3 232,4

2027 796,7 180,2

2028 1.074 141,5

Year EBIT margin ROE

2024 49,3 % 26,94 %

2025 65,98 %

2026 74,24 % 37,9 %

2027 85,44 % 45,8 %

2028 84,09 % 37,6 %

Year Earnings per share Change

2024 0,6621 248,36 %

2025 1,514 128,61 %

2026 2,328 53,81 %

2027 3,507 50,62 %

2028 4,13 17,79 %

Year P/E ratio PEG

2025 15x 0x

2026 14.2x 0.3x

2027 9.46x 0.2x

2028 8.03x 0.5x

Market value 8,128

Number of shares (in thousands) 245,031

Date of publication 02,03,2026

$KNT (-6.14%)

In terms of my portfolio performance/volatility, the last few weeks have probably been the craziest weeks since I started investing. Within a week, my portfolio lost over 100,000 euros in value during the precious metals crash only to gain back over 200,000 euros in value in the subsequent recovery by the end of February.

As a result, I reached a new milestone at the end of February. For the first time, the portfolio value exceeded the EUR 1.5 million mark. 😊

👉🏻 February:

Start: 1,368,240 euros + 100 cash

End: 1,559,4604 euros + 300 cash

Deposit: 5,400 euros

Profit: +186,020 euros (+13.59%)

The increase in value is mainly due to the good performance of my gold portfolio stocks (K92 Mining $KNT (-6.14%) and Equinox Gold $EQX (-6.58%) ). In the meantime, the gold price has slowly risen again and this is of course also reflected in the share prices. The two companies together now account for over 50% of my portfolio... This is actually an unreasonable ratio, but I am still convinced that there is still a lot of potential here. Both companies are in a great operational position, are debt-free and have even announced small dividend payments as a reward. 👍🏼

Otherwise, I continued to sell and buy here and there in February. I took profits on Puma $PUM (-1.06%) , Vonovia $VNA (-0.17%) , Henkel $HEN3 (-2.04%) , K+S $KSC , Target $TGT (+1.99%) and Western Union $WU (-1.41%) while I increased my position in SAP $SAP (+0.26%) , PayPal $PYPL (+1.82%) and Novo-Nordisk $NOVO B (+0.66%) further expanded.

The Iran war will certainly cause some turbulence on the stock market in the coming days. Experience shows that precious metals will benefit in times of uncertainty, but the oil price is also likely to receive a significant tailwind. With my high exposure to gold and my position in Occidental Petroleum $OXY (-0.69%) I believe I am well positioned, at least in the short term. 👍🏼

➡️🆓: On my way towards 4 million total assets, the target achievement level is now 49.8%.

Here's to good stock market trading and see you in a few days! 😊

First things first. I hope you all had a peaceful Christmas season and were able to spend a few lovely days with family and friends! 😊

Even though December isn't quite over yet, I'd like to give you a quick update on the past month before the new year and take a brief look at the performance since I started at getquin in September.

👉🏻 December:

Start: 1,253,497 euros + 19,000 cash

End: 1,336,908 euros + 400 cash

Deposit: 3,000 euros

Profit: +61,811 euros (+4.86%)

As in previous months, the portfolio benefited from the continued strength of gold in December. The overweight in K92 Mining ($KNT (-6.14%)), Equinox Gold ($EQX (-6.58%) ), B2Gold ($BTO (-3.61%) ) and, more recently, Euro Sun Mining ($ESM (-1.96%) ) has contributed significantly to the good performance. My sale of SantaCruz Silver ($SCZ) (-4.4%) in November, on the other hand, unfortunately proved to be an expensive mistake. I lost 50% of my profit, but as you know, you're always smarter afterwards and who could have guessed that silver would go through the roof like this.

Otherwise, not much has changed in my portfolio. I have now fully reinvested the 19,000 euros in cash. Among other things, I have taken an initial position in Vonovia ($VNA (-0.17%) ) and Zalando ($ZAL (+5.76%) ). I have also added some Ubisoft ($UBI (-3.65%) ) and Fuchs Petrolub ($FPE (-0.69%) ). I only took profits on Puma ($PUM (-1.06%) ) and significantly reduced my position here when the share price was driven up again by takeover rumors.

As already mentioned, an extremely successful stock market year 2025 comes to an end tomorrow. The performance alone since I started with getquin in September has left me surprised. I wish every year was like this, but ... well. It will probably remain a pipe dream, but I'm all the happier for it! 😊

👉🏻 September - December:

Start: 1,022,339 euros

End: 1,336,908 euros + 400 cash

Return (adjusted): +235,305 euros (+21.39%)

A large part of the performance is of course due to (mainly unrealized) price gains, especially in my two largest positions (K92 Mining and Equinox), which now have a very high impact on the overall performance due to their size. However, other trades have also played their part. For 2025 as a whole, I expect to generate around EUR 115,000 in realized capital gains. Of this, around EUR 20,000 is attributable to dividends received, EUR 20,000 to trading profits with K92 Mining and other various gold/silver mines and around EUR 75,000 to the remaining shares (e.g. Alibaba, Xiaomi, Volkswagen, Porsche, 1&1, Ceconomy, etc.), to name just a few.

I am aware that the main ingredient for such a performance is luck (or inside information). Since I don't have the latter, let's agree on luck... 😉

For this reason, I am setting my targets for 2026 correspondingly lower. My main goal is always to receive around 5% of my assets in the form of investment income. Based on today's values, this would mean a range of 70,000 - 90,000 euros. I no longer set myself a target for my total assets. Although my salary can be planned, it is of secondary importance in the overall picture and, as we all know, you can't plan for price gains on the stock market... 👍🏼

➡️🆓: On my way towards 4 million total assets, the target achievement rate is now 44%. 😊

So, enough chatter. I wish you all a happy new year, happiness, satisfaction, health and, of course, success on the stock market in 2026! 🍀

Enjoy the quiet time! I'm off for 3 weeks in the sun and then I'll see you again at the end of January!

See you in a few days! 😊

Hello my dears,

The statement from COPILOT was.

" Stock up on raw materials "

So today I took a deep dive into the world of mines and commodities.

Anyone who knows me knows that as a long-term investor I tend to look at quality and longevity.

That's why I looked at the shares according to three different criteria

• Long-term historical performance
• Forward P/E ratio
• Earnings growth 2027 (I think investors will be interested in this next year)

I have marked these points YELLOW to find favorites.

I am still in the discovery phase for copper.

My dears,

What do you think of my selection process and my favorites? And what are your favorites in this sector?

@Multibagger
@Dividendenopi

(P.S. since it is very difficult to present the figures here at getquin in a reasonable way, I have done this for you today in a Word Doc. Hope you can read it well)

FAVORITES:

• Gold

Eldorado Gold $ELD (-3.15%) Low P/E ratio with high earnings growth

• Equinox Gold $EQX (-6.58%)

• Equinox Silver

Endeavour Silver $EDR (-6.08%) Low P/E ratio and high earnings growth

• Various commodities

K92 Mining $KNT (-6.14%) Low P/E ratio, growth, good in quality and growth check

Thanks @Part_Time_Joe and @Tenbagger2024 on $KNT (-6.14%) and thus generated a small but nice return before the trailing stop loss took effect today. This community here is worth its weight in gold!

November was once again a classic "rollercoaster month" - with a fortunately positive outcome. We started with a portfolio performance of -3% and then rose to +5% in the middle, then fell again to -2% and closed the month with around +8%! For the portfolio, this means that we have reached a new all-time high! 👍🏼

Start: 1,148,200 euros

End: 1,253,497 euros + 19,000 cash

Deposit: 30,000 euros

Profit: +94,297 euros (+8.2%)

Once again this month (as in October), my two gold positions were mainly responsible for the volatility, as they now account for 44% of my portfolio - but hey, I'm still convinced that there's a lot of potential in these stocks. So the rollercoaster will continue... 🎢

One of my less heavily weighted mining stocks, $SCZ (-4.4%) SantaCruz Silver Mining, I sold completely on Friday after disappointing quarterly figures. Although the share is being driven by the strong silver price, this can quickly go in the other direction if the support falls away. The bottom line was a gain of +12% after only 6 weeks. We can be satisfied with that. I only have a total of 4 mines left in my portfolio: $KNT (-6.14%)
$EQX (-6.58%)
$BTO (-3.61%) and $ESM (-1.96%) .

Otherwise, I used the month to buy stocks that had fallen out of favor but that I am still convinced of. These include $PYPL (+1.82%)
$NOVO B (+0.66%)
$1810 (+0.17%) (Xiaomi) $GLJ (+0.61%) (Grenke), $LXS (-2.93%) and $EVK (-1.52%) have been. Novo-Nordirsk in particular presented a great opportunity a few days ago when the share price briefly plummeted by 10% without justification. 📉

At the same time, I was also able to realize a few profits. I took the opportunity to sell some of my Puma shares after the takeover rumors and at the beginning of the month I also sold Lufthansa, BHP Billiton and a small amount of Western Union (which has already been bought back at a lower price). 📈

I currently hold 19,000 euros in cash again and am waiting for the next opportunities! 💵

➡️🆓: On my way towards 4 million total assets, the target achievement rate is now 42.3%. 😊

Let's see how November turns out. As always, it remains exciting!

$KNT (-6.14%)
@Multibagger ( Raw materials expert )

Sales of USD 177.5 million (+44.6 % compared to the previous year) exceeded expectations by USD 15.47 million.

Strong quarterly production of 44,323 ounces of gold equivalent or 42,244 ounces of gold, 1,323,538 pounds of copper and 34,831 ounces of silver.

On track to achieve 2025 production guidance of 160,000-185,000 ounces AuEq, with over 80% of the low end of annual guidance achieved in the first three quarters, plus a commissioning stockpile of 4,893 ounces AuEq meeting Stage 3 expansion requirements (28,702 tons at 5.3 g/t AuEq or 5.0 g/t gold, 0.24% copper and 11.9 g/t silver).

Net of by-product credit cash costs of US$694/oz gold and all-in sustaining costs ("AISC") of US$1,254/oz gold ( 2 ) , co-product cash costs of US$797/oz AuEq and AISC of US$1,330/oz AuEq ( 2 ) .

Strong metallurgical recoveries in the third quarter of 95.0 % for gold and 94.6 % for copper.

During the quarter, 137,172 tons of ore were processed and a total of 152,485 tons of ore were mined, with long-hole mining proceeding according to plan and a total of 2,477 meters of mine development achieved.

The ore grade is 11.2 grams per tonne ("g/t") AuEq or 10.7 g/t gold, 0.47% copper and 10.3 g/t silver.

Record cash flow from operating activities (before working capital adjustments) for the three months ended September 30, 2025 of $101.8 million, or $0.42 per share, and record earnings before interest, taxes, depreciation and amortization ("EBITDA") ( 2 ) of $130.2 million, or $0.54 per share.

Sales totaled 45,006 ounces of gold, 1,480,151 pounds of copper and 43,271 ounces of silver. Gold concentrate and doré inventory as at September 30, 2025 amounted to 7,913 ounces, a decrease of 500 ounces compared to the previous quarter.

https://www.finanznachrichten.de/nachrichten-2025-11/66936686-k92-mining-inc-k92-mining-announces-strong-q3-2025-financial-results-record-net-cash-balance-operating-income-ebitda-and-revenue-399.htm

https://seekingalpha.com/news/4519164-k92-mining-gaap-eps-of-035-revenue-of-1775m-beats-by-1547m-on-track-to-meet-2025-production-guidance

October marks the end of one of the most turbulent months for my portfolio. My portfolio reached a new ATH and I had the highest absolute daily gain (approx. 50,000 euros) and the highest daily loss (also approx. 50,000 euros) within a few days.

Start: 1,116,452 euros

End: 1,152,698 euros

Deposit: 26,034 euros

Profit: + 10,212 euros (+0.89%)

Anyone who has ever looked at my portfolio will know that I am significantly overweight in gold, or more precisely in gold mines. This quickly explains the reason for the volatility. 🎢

In the shadow of the gold price, mines have of course also risen disproportionately. With the slump in the gold price by 10% in places in just a few days, the good performance of the mines also came to an end. Some of the junior mines recorded price falls of over 50% in just one week (fortunately not mine).

While gold $4GLD (-0.53%) still rose by +3.8% in October, the October performance of K92 Mining (my largest position) was $KNT (-6.14%) (my largest position) was +5.5% and Equinox Gold $EQX (-6.58%) was +0.8%. I assume that gold will continue to perform well, as none of the problems (geopolitical tensions, inflation, etc.) have been solved. For this reason, I have also taken another small position $SCZ (-4.4%) (SantaCruz Silver Mining) in the portfolio. The crash offered a very good opportunity! 📈

Novo-Nordirsk performed less well this month $NOVO B (+0.66%) with -15% and PayPal $PYPL (+1.82%) with +3.9%. PayPal is particularly disappointing here, as the quarterly figures were excellent. This sent the share price up almost 18% intraday. Unfortunately, it was subsequently sold off completely. But this confirms my belief that you just have to be patient with PayPal. The day of truth for Novo-Nordirsk will come next week... 📉

Otherwise, I received around 700 euros in dividends this month and realized around 3,000 euros in gains on Mercedes and Alibaba, among others. 💵

➡️🆓: On my way towards 4 million total assets, the target achievement rate is now 39.9%. 😊

Let's see how November turns out. As always, it remains exciting!