NSTYY - Northern Star Resources reports Q4 results

• Northern Star Resources press release ( OTCPK:NESRF ): Q4 gold sold totalled 402koz at an AISC of A$1,650/oz US$1,180/oz and AIC of A$2,204/oz; all three production centres operated at combined production rate of 1.6Mozpa.
• Strong June quarter delivered FY22 production and cost guidance, showcasing Northern Star’s operational resilience to current challenges.
• Strong balance sheet with net cash1 of A$528 million at June 30; cash and bullion of A$628 million
• FY22e Cash Earnings2 of A$1,020-1,040 million 1H22a: A$430 million; 2H22e: A$590-610 million
• FY23 guidance of 1,560-1,680koz gold sold at an AISC of A$1,630-1,690/oz
• FY23 growth capital budget of A$650 million; exploration budget of A$125 million.

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