NST 2.54% $13.80 northern star resources ltd

Not sure how much of that article is just the reporters view. I...

  1. 2,122 Posts.
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    Not sure how much of that article is just the reporters view. I liked this part though:

    "The sale will lower Barrick's operating expenses and rid it of non-core, high cost mines with short remaining lives."

    But NST say Plutonic has 5-7 yr mine life. Funny!

    For my own research I tend to go to source documents mainhold not press reports. I read that the asset sales were to improve cash flow a couple of times from memory. Looking back on source is the Q3 quarterly:

    . During the third quarter, the company made
    further progress to divest non-core assets and
    improve cash flow;
    ? Bald Mountain – implementing mine plan changes
    ? Yilgarn South – sold
    ? Barrick Energy – sold
    ? Plutonic & Kanowna – sale process underway.
 
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