Northern Star Resources Ltd · ASX:NST

Northern Star Resources — H1 FY2017 Earnings Presentation

12 slides from Northern Star Resources's earnings presentation, Feb 20, 2017

  1. Slide 1: Northern Star Resources 1H FY2017 Half Year Results

    For personal use only Northern Star Resources 1H FY2017 Half Year Results An Australian gold miner – for global investors February 2017

  2. Slide 2: Disclaimer

    Disclaimer Competent Persons Statements For personal use only The information in this announcement that relates to exploration results, data quality, geological interpretations and Mineral Resource estimations for the Company’s Paulsens and Jundee Project areas is based on information compiled by Br

  3. Slide 3: 1H FY2017 – Key Financial Highlights

    1H FY2017 – Key Financial Highlights Key Financial Outcomes For personal use only Earnings per share Net Profit after Tax up EBITDA up 21% to growth of 60% to 61% to A$104.6m A$218.8m A17.4¢ per share Results strength illustrated by EBITDA Margin 53%, 43% Return on Equity A$303M Cash & up 24% from p

  4. Slide 4: Financial Highlights for 1H FY2017

    Financial Highlights for 1H FY2017 Record 1H FY2017 net profit after tax of A$104.6m, up 61% on the previous corresponding period (pcp) ForA$(m)personal use only Earnings per share growth of 60% to a record of A17.4¢ EBITDA of A$218.8m up 21% EBITDA margin growth of 24% to 53% Underlying free cash f

  5. Slide 5: Financial Highlights for 1H FY2017

    Financial Highlights for 1H FY2017 NST has been able to grow earnings, profit margins and payouts to Shareholders since 2014 only EBITDA EBITDA Margin 250 60% 53% EBITDA is up 21% $216.4 $218.8 EBITDA margins are up 24% 47% 50% 42% 200 $180.6 For personal A$use $165.6 36% 38% $148.3 40% 35% (m) 150

  6. Slide 6: Details of Financials

    Details of Financials Earnings per share grew by 60% to A17.4¢ps, whilst EBITDA grew 21% to A$218.8m in 1H17 For personal use only FINANCIAL OVERVIEW [a] Half Year Ended Half Year Ended A$'000 % A$’000 31 Dec 2016 31 Dec 2015 Change Change Revenue 415,485 425,311 (9,826) (2%) EBITDA [1] 218,803 180,

  7. Slide 7: Another strong half of free cash flow generation

    Another strong half of free cash flow generation NST generated underlying free cash flow of A$56m at an average gold price of A$1,683/oz For personal use only During the half year NST invested A$61m in exploration and expansionary CAPEX to grow production in the coming years In 1H FY2017 NST sold 22

  8. Slide 8: Continuing operations by asset breakdown for 1H FY2017

    Continuing operations by asset breakdown for 1H FY2017 In 1H FY2017 NST sold 226,608oz at an AISC of A$1,076/oz (US$807/oz) For personal use only Kalgoorlie operations: 102,719oz sold at an AISC of A$989/oz (US$741/oz) Jundee: gold sold of 93,748oz at an AISC of A$1,057/oz (US$792/oz) Paulsens: gold

  9. Slide 9: Efficiently allocating investors capital

    Efficiently allocating investors capital In the first half NST generated a sector leading annualised return of invested capital of 38% For personal use only Since 1H FY2014 NST has generated an average annualised return of invested capital of 23% in each half Capital is forced to compete internally

  10. Slide 10: Asset by Asset exploration highlights – 1H FY2017

    Asset by Asset exploration highlights – 1H FY2017 NST invested A$31m into exploration; drilling over 400,000 metres, utilising 25 drill rigs For personal use only during the half NST remains poised to continue growing mine lives across all its assets with a host of new discoveries across the portfol

  11. Slide 11: FY2017: Production and Cost Guidance

    FY2017: Production and Cost Guidance  Total gold production of 485,000-515,000oz at an AISC of A$1,000-A$1,050/oz (US$750-$788/oz) For personal use only  A$130M to be spent on investing capital following on from the great successes in FY2016, including;  A$60M for targeted drilling to bring more

  12. Slide 12: Northern Star Resources

    For personal use only Northern Star Resources An Australian Mid Cap gold miner – for global investors Contact Details: Luke Gleeson – Investor Relations +61 8 6188 2100 Email – info@nsrltd.com / Website – www.nsrltd.com February 2017

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