This is a completely misleading statement. I guess you forgot that both companies acquired the Superpit for 1.5 Bio AUD just a few months ago and have since paid a lot of the debt they took on at the time. Fact is NST just had a record cashflow quarter and will probably just announce a similar quarterly result in the next days. The future for the merged company is a very promising one. In a world of monetary and fiscal stimulus not seen since 80 years ago, gold will do very well and so will the gold miners. I bet there is a lot more to come over the next years, as NST/SAR will continue to grow both organically and inorganically. An investment for retirement.