June 22 (Reuters) - Northern Star Resources Ltd (NST) :
- ANNOUNCE BOARD APPROVAL FOR DEVELOPMENT OF A$1.5 BILLION KCGM MILL EXPANSION PROJECT
- APPROVES A$1.5 BILLION KCGM MILL EXPANSION PROJECT TO INCREASE AND MODERNISE KCGM'S PROCESSING CAPACITY FROM 13MTPA TO 27MTPA
- 3-YEAR CONSTRUCTION PHASE COMMENCED WITH LONG-LEAD ITEMS ORDERED; RAMP-UP FROM FY27 TOWARDS STEADY-STATE OF 27MTPA BY FY29
- DEVELOPMENT FULLY FUNDED FROM CASH ON HAND, FORECAST CASH FLOW - DIVIDEND POLICY MAINTAINED
- PROJECT WILL DELIVER SUSTAINED LOWER COST BASE AND SIGNIFICANT INCREASE IN FREE CASH FLOW
- NO CHANGE TO FY26 PROFITABLE GROWTH STRATEGY
- NORTHERN STAR RESOURCES LTD SEES REVENUE AND FREE CASH FLOW INCREASES FROM FY27 AS RAMP-UP COMMENCES ENROUTE TO REACHING 27MTPA IN FY29
- NORTHERN STAR RESOURCES SEES CASH EARNINGS, EBITDA AND NET PROFIT ALL INCREASE AND GROUP AISC DECREASES UPON PROJECT COMPLETION AND RAMPUP FROM FY27
June 22 (Reuters) - Northern Star Resources Ltd (NST) :...
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Last
$20.85 |
Change
-0.350(1.65%) |
Mkt cap ! $29.85B | |||
| Open | High | Low | Value | Volume |
| $21.00 | $21.10 | $20.45 | $53.95M | 2.592M |
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| No. | Vol. | Price($) |
|---|---|---|
| 13 | 1891 | $20.85 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $20.86 | 6460 | 32 |
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