Investor Presentaiton slide image

Investor Presentaiton

COVID-19: Swift reaction, long term value preservation Social Responsibility and the health and safety of all Stakeholders sits at the very core of the Northern Star business NST moved early and decisively to implement a suit of strict COVID-19 mitigation measures, both at our Australian and Alaskan Operations In addition to the social distancing and health/hygiene measures put in place at our operations, NST moved early to preserve our strong balance sheet. Measures include: Deferring the payment of the declared A7.5¢/share interim dividend until later in CY20 and; Deferring the Company's remaining CY20 hedges until CY21; simultaneously mitigating 2020 delivery risk whilst allowing for delivery should NST wish to continue pro-actively clearing it's hedge book commitments Establishment of a Community COVID-19 Fund with up to A$10M in committed funds to assist. local health services, communities and businesses Rapid implementation of COVID-19 measures in the March quarter caused short term disruption to operations but NST now has a manageable and profitable operating platform NORTHERN STAR SESOURCES LIMITED 5
View entire presentation