Northern Star Resources Ltd · ASX:NST
Northern Star Resources — Investor Presentation (February 2016)
17 slides from Northern Star Resources's investor presentation, Feb 23, 2016
Slide 1: Northern Star Resources February 2016
For personal use only Northern Star Resources February 2016 An Australian gold miner – for global investors
Slide 2: Disclaimer - Competent Persons Statements
Disclaimer Competent Persons Statements The information in this announcement that relates to exploration results, data quality, geological interpretations and Mineral Resource estimations for the Company’s Kanowna, EKJV, Kundana and Carbine Project areas For personal use only is based on information
Slide 3: Introduction - Third biggest Australian listed Gold Miner
Introduction - Third biggest Australian listed Gold Miner We are the third-biggest gold miner on the Australian stock exchange by both For personal use only market cap and production Strong balance sheet; no debt; A$226m in Paulsens & Ashburton cash, bullion & investments 31 Dec 2015 Operations Cent
Slide 4: A business first, mining is how we deliver value
A business first, mining is how we deliver value NST is uniquely positioned to continue to deliver above average returns to its Shareholders For personal use only Macquarie Global CY16 AISC Cost Curve Return on Invested Capital (%) 45% $1,400 Q4 27% NST 5yr Average 28% $1,200 NST AISC US$748/oz 30%
Slide 5: Efficiently Allocating Capital – Organically & Inorganically
Efficiently Allocating Capital – Organically & Inorganically Superior returns on invested capital will continue to be the focus to drive investment decisions For personal use only Capital will be forced to compete internally for project funding to continue to generate a sector leading Return on Equi
Slide 6: Half Yearly December 2015 - Key Highlights
Half Yearly December 2015 - Key Highlights Key Financial Outcomes For personal use only NPAT up 79% to Interim Dividend Underlying free cash A$65.1M increased by 50% flow of A$96.7M to 3¢ per share Results strength illustrated by A$226M Cash, Bullion 34% Return on Earnings per share & Investments Eq
Slide 7: Another strong half year of free cashflow generation
Another strong half year of free cashflow generation NST generated strong underlying free cashflow of A$96.7m at an average gold price of A$1,497/oz For personal use only NST stands to benefit from a spot gold price that is currently trading ~A$1,700/oz into 2H 2016, A$200/oz higher than what was re
Slide 8: FY16: Production and Cost Guidance
FY16: Production and Cost Guidance Key FY16 forecasts: For personal use only Total gold production of 535,000-570,000oz; 1H 285,500oz produced, top end of guidance AISC of A$1,050-A$1,100/oz; 1H costs tracking towards lower end of guidance at A$1,062/oz A$74m to be spent on Investing Capital f
Slide 9: Group Production Growing Next Financial Year
Group Production Growing Next Financial Year Group production potentially growing organically next year, heading to a 700koz per annum producer in 2018 subject to the following assumptions; For personal use only Central Tanami Project commencing production in CY17 and ramping up to +75kozpa by FY1
Slide 10: Jundee: still one of Australia's best mines
Jundee: still one of Australia’s best mines FY15 gold sold 223,727oz at an AISC of A$1,008/oz, well above guidance FY16 guidance 210,000-220,000oz at AISC of A$1,000-A$1,050/oz For personal use only Dec Qtr 60.3koz mined and 53.7koz sold at an AISC of A$986/oz Resources: 1.35Moz, up 166% and Reserve
Slide 11: Kundana: A corridor of riches
Kundana: A corridor of riches FY15 gold sold 103,051oz at an AISC of A$711/oz, within guidance For personal use only FY16 guidance 100,000-110,000oz at AISC of A$850-A$900/oz Dec Qtr 29.3koz mined and 27koz sold at an AISC of A$898/oz Resources: 1.6Moz, up 134% and Reserves 0.45Moz, up 61% even afte
Slide 12: Kanowna Belle: A great Goldfields address
Kanowna Belle: A great Goldfields address FY15 gold sold 96,223oz at an AISC of A$1,021/oz, For personal use only well above guidance FY16 guidance 80,000-85,000oz at AISC of A$1,050-A$1,100/oz Dec Qtr 27koz mined and 25koz sold at an AISC of A$811/oz Resources 1.2Moz, up 8% and Reserves 0.2Moz, aft
Slide 13: Plutonic: Rebuilding the Mine
Plutonic: Rebuilding the Mine FY15 gold sold 80,141oz at an AISC of A$1,550/oz For personal use only FY16 guidance 75,000-80,000oz at AISC of A$1,350-A$1,400/oz Dec Qtr 21.3koz mined and 17koz sold at an AISC of A$1,645/oz down 11% Quarter on Quarter Maiden Hermes Resource of 0.22Moz at 2.7gpt, incr
Slide 14: Paulsens: The Founding Asset
Paulsens: The Founding Asset FY15 gold sold 77,642oz at an AISC of A$1,264/oz FY16 guidance 70,000-75,000oz at AISC of A$1,175-A$1,275/oz For personal use only Dec Qtr 21koz mined and 19koz sold at an AISC of A$1,156/oz Resources: 0.4Moz, up 7% and Reserves 0.1Moz, after mining 76koz in FY15 Pipelin
Slide 15: Central Tanami Project: Next Tier of Production Growth
Central Tanami Project: Next Tier of Production Growth Historically produced 2.1Moz from top 125m, last major production was from Newmont in 2005 when it produced 610,000oz at 4.3gpt over a 4 year period from the main deposit; Groundrush open pit For personal use only The past 5 years has seen A$30m
Slide 16: Why invest in Northern Star
Why invest in Northern Star Highly profitable: Net profit after tax up 79% to A$65.1m in 1H FY16; underlying free For personal use only cashflow of A$96.7m; total interim dividend up 50% from 1H15 to A3¢ps Strong balance sheet: no debt; A$226m in cash, bullion & investments (31 Dec 2015) Emphasis on
Slide 17: Northern Star Resources - Contact Details
For personal use only Northern Star Resources An Australian gold miner – for global investors Contact Details: Luke Gleeson – Investor Relations +61 8 6188 2100 February 2016 Email – [email protected] / Website – www.nsrltd.com
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