NST 0.00% $14.56 northern star resources ltd

Fundamentals haven't changed, page-731

  1. 124 Posts.
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    Just as a note to anyone reading the above post - These numbers do not include any reserve ounces for the Pogo Operation. For anyone thinking of selling, please have a good read through the 'Pogo Operations Update' announcement dated 12 Feb 2019. Northern Star are going to release a very strong maiden JORC compliant reserve figure next month, driven by the numerous cost saving strategies currently being implemented (twin boom jumbo development, long hole open stoping - which suits this deposit far better then the highly inefficient development cut and fill method).
    This will allow a significantly lower Cut Off Grade to be used in converting a much higher ratio of the 4.15MOz (which does even not include the impressive near mine exploration success they are having) resource into reserve.

    I am very excited for the Pogo news flow next month and, coupled with the current market sentiment towards gold, see no reason to sell a single share.

    Cheers

 
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