Skip to contentHome page Seeking Alpha - Power to InvestorsTranscriptsAustraliaApr 21, 2026, 11:10 PM ETNorthern Star Resources Limited (NESRF) StockSA Transcripts159.38K FollowersCommentsNorthern Star Resources Limited (NESRF) Q3 2026 Earnings Call April 21, 2026 7:00 PM EDTCompany ParticipantsStuart Tonkin - CEO, MD & DirectorSimon Jessop - Chief Operating OfficerRyan Gurner - Chief Financial OfficerConference Call ParticipantsLevi Spry - UBS Investment Bank, Research DivisionDaniel Morgan - Barrenjoey Markets Pty Limited, Research DivisionMatthew Frydman - MST Financial Services Pty Limited, Research DivisionKate McCutcheon - BofA Securities, Research DivisionHugo Nicolaci - Goldman Sachs Group, Inc., Research DivisionJonathon Sharp - JPMorgan Chase & Co, Research DivisionAdam Baker - Macquarie ResearchPresentationOperatorThank you for standing by, and welcome to the Northern Star March 2026 Quarterly Results. [Operator Instructions]I would now like to hand the conference over to Mr. Stuart Tonkin, Managing Director and CEO. Please go ahead.Stuart TonkinCEO, MD & DirectorGood morning, and thank you for joining us today. With me on the call is Chief Financial Officer, Ryan Gurner; and Chief Operating Officer, Simon Jessop.As previously announced, in the March quarter, gold sold totaled 381,000 ounces. And today, we announced the delivery of those ounces at an all-in sustaining cost of AUD 2,709 per ounce. This improved operational performance exiting the quarter has delivered high-margin ounces to generate group underlying free cash flow of $301 million. More specifically, we are prioritizing cash flow at KCGM by accelerating volumes from the high-grade Golden Pike zone during current mill constraints. At Jundee, the operational review is underway, and across Thunderbox and Pogo, we've seen gold grades improve. With this improved performance and high-grade ROM stockpiles at KCGM, the company is forecast to deliver its revised FY '26 production guidance of above 1.5 million ounces.As previously disclosed, this outlook remains particularly dependent on mill throughput at KCGM with both downside and upside potential. Total growth capital expenditureRead more current NESRF analysis and newsView all earnings call transcriptsCommentsTo ensure this doesn’t happen in the future, please enable Javascript and cookies in your browser.Is this happening to you frequently? Please report it on our feedback forum.If you have an ad-blocker enabled you may be blocked from proceeding. Please disable your ad-blocker and refresh.