NST 0.31% $12.82 northern star resources ltd

ann: confirms plan to double prod after strong, page-7

  1. 33,561 Posts.
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    The mill was written down to around $1Om when they bought it although in the last year they have spent around 13M on it and a ventilation shaft.
    Most of the purchase price was based on a $40M royalty payment from memory.
    Guess replacement value on the mill would be $50M.
    I can believe there has been no comment on the amount of visible gold shown in the drill cores today.
 
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