PXX polarx limited
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I thought I would create a new thread given how significant the...

  1. J493
    203 Posts.
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    12/09/24
    10:52
    Post #: 75641873
    I thought I would create a new thread given how significant the partnership is with Northern Star.

    Interesting article published a few weeks ago regarding Northern Star planning to invest up to $1 billion in growth projects in the fiscal year 2025 (FY25), in addition to $500 million to $530 million for expanding the KCGM Mill, which is already underway.

    I would certainly put us under the category of a "growth project".

    https://mining.com.au/moodys-northern-stars-sizable-capital-expenditure-will-limit-free-cash-flow/
    Last edited by J493: 12/09/24
    PXX Price at posting: 1.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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