"The results for the December Quarter highlight the extent to which Paulsens has become a cash generator, Northern Star Managing Director Bill Beament said. "The fact that we can increase production and cut costs despite shutting down the plant for the upgrade highlights how well this mine is performing."
"But more importantly for investors, these results show that Northern Star is now set to generate outstanding returns in 2013 which will be characterised by even lower costs and increased cash generation"
There is no way I'd even consider selling at these sorts of prices for a quality gold company like this and will continue to accumulate at these low prices.
I am still very interested in what Bill has in mind for all that spare cash....dividends? acquisitions?
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