NST 1.22% $14.57 northern star resources ltd

The $35m debt is irrelevant to the dividend payment considering...

  1. 8,066 Posts.
    lightbulb Created with Sketch. 2563
    The $35m debt is irrelevant to the dividend payment considering the company has +$100m in cash/gold. The only reason the debt hasn't been retired is that it would cost more to exit than continue the current payment term with termination mid year.

    5% dividend has been flagged, hopefully 5c interim.

    Column 1 Column 2
    0 Dividend Cash cost
    1 $   0.020   $   11,800,000
    2 $   0.025   $   14,750,000
    3 $   0.030   $   17,700,000
    4 $   0.035   $   20,650,000
    5 $   0.040   $   23,600,000
    6 $   0.045   $   26,550,000
    7 $   0.050   $   29,500,000
    8 $   0.055   $   32,450,000
    9 $   0.060   $   35,400,000
    10 $   0.065   $   38,350,000
    11 $   0.070   $   41,300,000
    12 $   0.075   $   44,250,000
    13 $   0.080   $   47,200,000
    14 $   0.085   $   50,150,000
    15 $   0.090   $   53,100,000
    16 $   0.095   $   56,050,000
    17 $   0.100   $   59,000,000
 
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