Northern Star Resources Ltd (NST) – Margin Call

CYL’s 2QFY25 result was solid, with production broadly in line with our estimates. We note that production and the cash balance had been pre-released, with cash generation better than we had anticipated. The stronger cashRead more

OBM’s 2QFY25 result was solid with gold production, sales and AISC within 4% of our forecasts. Cash generation for the 2QFY25 was 16% higher than we had expected, with OBM’s cash balance rising to A$57.8m.Read more

GMD’s 2QFY25 result was strong with production of 57.1koz 17% higher than we had forecast and an impressive 58% increase from the 1QFY25 result. AISC for the 2QFY25 of A$2,202/oz were 7% lower than weRead more

NTU has updated the MRE at Wolverine, lifting the contained metal by ~15%. This will underpin the updated Feasibility Study in the near-term, which we view as a key catalyst. The unique heavy assemblage makesRead more

MAU has reported an updated MRE for its LJN4 deposit which now totals 1.56Moz at 2.04g/t representing a +56koz increase in contained ounces and lift in indicated status from 74% to 81% of contained ounces.Read more