Northern Star Resources Ltd (ASX:NST)
A$ 17.72 -0.02 (-0.11%) Market Cap: 20.37 Bil Enterprise Value: 20.60 Bil PE Ratio: 32.16 PB Ratio: 2.32 GF Score: 96/100

Northern Star Resources Ltd to Acquire 50% of Kalgoorlie Consolidated Gold Mines Pty Ltd Super Pit and Associated Assets - Call Transcript

Dec 17, 2019 / 12:00AM GMT
Release Date Price: A$9.65
William James Beament
Northern Star Resources Limited - Executive Chairman

Good morning, and thanks for joining us. On the call today, we have Chief Executive Officer, Stuart Tonkin, CFO, Ryan Gurner, our Chief Geological Officer, Michael Mulroney; and our Chief Development Officer, Darren Stralow.

In terms of running through the pack, you'll hear from the team after I touch on some of the high points of the transaction. This is a fantastic day for Northern Star for Kalgoorlie and the KCGM Super Pit and indeed for the Australian gold sector in general. The Kalgoorlie Super Pit is once again 100% owned by Australian companies. More importantly, it's 100% owned by 2 companies with the combined skills, experience, and hung up to build on the great work done by Newmont and unlock the huge value of this truly world-class asset. This is one of the greatest gold systems in the world at an 80-million ounce gold endowment so far and open in every direction.

The potential is simply enormous, particularly from an underground potential basis. And with today's transaction, we've formed a Northern

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