NST 6.30% $16.50 northern star resources ltd

Ann: Resource and Reserve Update - 1 August 2019, page-8

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  1. 7,439 Posts.
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    Middle ground, they say is 850,000 oz at $1250A. This does not include a further 60,000oz from Jundee which they are stockpiling. I get the distinct impression they ate working on a plan to get to 1m oz plus in 2020/21 from existing operations. I am sure they are looking at a host of opportunities to build this fabulous business. At a $2kA gold price that is operating cashflow of $637m, pre expansionary capex (and not counting those extra 60,000 ozs at Jundee)

    By XMAS 2020, you could see $1b in the bank (liquids), a clear path to 1m oz per annum, and probable better margins. I have a share price in mind for my XMAS 2020 lunch, to be accompanied by some fabulous WA cabernets!!

    I am not interested in what the Analysts say. Bleeding obvious where this is heading over the next 18 months and beyond!
 
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