Northern Star Resources Ltd (OTCPK:NESRF)
$ 10.725 -0.4482 (-4.01%) Market Cap: 12.51 Bil Enterprise Value: 13.02 Bil PE Ratio: 29.30 PB Ratio: 2.11 GF Score: 96/100

Q3 2023 Northern Star Resources Ltd Activities Report Call Transcript

Apr 26, 2023 / 11:00PM GMT
Release Date Price: $9.1 (+1.77%)
Operator

Thank you for standing by. And welcome to the Northern Star March 2023 Quarterly Results Call. (Operator Instructions)

I would now like to hand the conference over to Mr. Stuart Tonkin, Managing Director. Please go ahead.

Stuart Peter Tonkin
Northern Star Resources Limited - CEO, MD & Director

Good morning, and thanks for joining us today. With me is Chief Operating Officer, Simon Jessop; and Chief Financial Officer, Ryan Gurner. I'm pleased to present our March quarter results today and reaffirm our group production guidance for FY '23.

During the March quarter, we experienced 2 key milling challenges at KCGM and at Pogo, which delivered a reduced reduction production result of 363,000 ounces of gold sold at an all-in sustaining cost of AUD 1,813 per ounce. We, therefore, revised our FY '23 unit cost guidance to a range of AUD 1,730 to AUD 1,760 an ounce all-in sustaining costs. These operational setbacks are now behind us and we are well positioned for a strong June quarter, advancing our profitable growth strategy to 2 million ounces

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