NST 0.18% $13.91 northern star resources ltd

Ann: Trading Update, page-2

  1. 2,943 Posts.
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    RECORD A$183M FREE CASHFLOW IN FY15 CASH, BULLION AND INVESTMENTS ON-HAND UP FROM A$96M TO A$178M; DEBT ELIMINATED; COSTS SET TO BE AT LOWER END OF GUIDANCE
    KEY POINTS

    – Record June Quarter production takes normalised free cashflow for FY15 to a record A$183 million 1 after spending A$50 million on exploration
    – A$178 million in cash, bullion and investments on hand at 30 June, up from A$96m a year ago; remaining A$20m bank debt retired on 13 April
    – Record 152,447oz sold in the June Quarter and 580,784oz in FY15 – well within full year guidance of 550,000-600,000oz
    – All-in sustaining costs for both June Quarter and FY15 set to come in at lower end of guidance range A$1,050-A$1,100/oz
    – A$26.5m paid in fully-franked dividends in FY15 (4.5c a share)
 
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