NST 1.48% $15.10 northern star resources ltd

Take a look at the accounts and you will find the answer. If you...

  1. 2,804 Posts.
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    Take a look at the accounts and you will find the answer. If you are incapable then the synopsis for you is..................

    a massive one off stamp duty payment of over $150m this half,
    a significant gain on sale of assets past corresponding period of over $240m thus inflating the past period profit,
    a 12% increase in operating costs this period due to inflationary pressures,
    a 57% increase in finance costs,
    a 41% decrease in fair value gains of financial instruments,
    a 4% increase in depreciation and amortisation, and
    a 62% increase in impairment charges.

    The significant factors effecting most of the 83% decrease in profit are the stamp duty payment this period and the previos profit inflating factor of the gain on sale from the past corresponding period.

    NST is in the middle of a significant growth period that requires significant capital costs now and that is a challenge to a mining business during an inflationary period with very poor global governance around the world allowing corruption and manipulation left right and centre.

    doh!!!
 
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Last trade - 16.10pm 26/04/2024 (20 minute delay) ?
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