NST 0.08% $13.00 northern star resources ltd

Thanks Wanted. So does that mean it wasn't drawn at 31 March?...

  1. 2,118 Posts.
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    Thanks Wanted. So does that mean it wasn't drawn at 31 March? There is simply not enough info in the quarterly to have any idea what is really going on with cash flow. That is not the mark of the top Aussie miner they aspire to be.

    You say they are steadily increasing cash flow. How do you know? You say others are struggling. So is NST probably, just not giving the numbers. You say Barrick earnings were down 90%. So was NST probably year on year. I mean when they had to report at the half year profit was down 66% and I assume its worse now with year on year POG comps. As for POG having a floor here, I'm not convinced of that at all. It was $300 a few years ago! I know the story, costs up, global cost of production at around 1200, blah, blah. Its never that simple in any markets, let along commodity markets. Gold could go anywhere in my view. I agree NST could be a good investment if gold goes up. It must be having acquired so much production. I'm not sure how much its worth if gold stays around here though and if POG falls I think people may be surprised by how far NST collapses.



 
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