Northern Star Resources Ltd (ASX:NST)
A$ 14.56 0.02 (0.14%) Market Cap: 16.74 Bil Enterprise Value: 17.11 Bil PE Ratio: 23.00 PB Ratio: 1.97 GF Score: 95/100

Q2 2023 Northern Star Resources Ltd Activities Report Call Transcript

Jan 18, 2023 / 11:30PM GMT
Release Date Price: A$12.04 (-1.71%)
Operator

Thank you for standing by, and welcome to the Northern Star Resources December 2022 Quarterly Results Conference Call. (Operator Instructions)

I would now like to hand the conference over to Mr. Stuart Tonkin, Managing Director and CEO. 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 December quarter results, marking the midpoint of FY '23. We have continued significant progress on our growth projects in line with our profitable growth strategy to 2 million ounces per annum.

Our December quarterly production of 404,000 ounces at an all-in sustaining cost of AUD 1,746 an ounce demonstrates our capability to operate at 1.6 million ounces per annum. And for the second half, higher forecast production is expected to drive unit costs lower as Thunderbox delivers expanded nameplate capacity and grade improves at Pogo. We maintain our full

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