NST 3.72% $15.60 northern star resources ltd

how fortunes are made ..., page-45

  1. 2,814 Posts.
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    Every business wants to improve cashflow BBB. That goes without saying. I think you are trying to be superficial as the Barrick problem is greater than just improving margins!

    Are you telling porky pies about your research there BBB?

    Regardless, here is a link to just one of many commentaries and analyses out there in the public domain.

    http://www.nasdaq.com/article/barrick-sells-australian-mine-to-cut-costs-and-debt-cm314974

    Barrick themselves call it their "portfolio optimization program". POP, now that is a good acronym for a company with long term debt of about $14b and a recent impairment of assets around $8b plus mark.
 
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