Slide 1: FY19 Results Presentation
FY19 RESULTS PRESENTATION 22 AUGUST 2019 0
Slide 2: Important information
Important information This document has been prepared by Stanmore and needs and seek appropriate advice, including projections, guidance on future Coal Limited (“Stanmore Coal”) for the purpose including financial, legal and taxation advice earnings and estimates are provided as a of providing a com
Slide 3: Stanmore Coal Overview - Certainty
Stanmore Coal Overview - Certainty ASX CODE SHARE PRICE Independent Australian coal company Positioned predominantly in metallurgical coal with a track record of SMR A$1.481 delivery SHARES MARKET CAP 256,094,238 $379m1 1. AS AT 21 Aug ‘19 Isaac Plains Complex expansion operational with demonstrated
Slide 4: Highlights
Highlights Record after Record in Operational and Financial Results Record Net Profit after Tax of $91.6m (FY18 $6.0m) Record Net Cash build to $90.5m (FY18 $19.8m) and no debt as delivering a 1,435% increase on prior year NPAT due strong sales growth (76% a result of strong cashflows from operation
Slide 5: Safety, Environment & Community Performance
Safety, Environment & Community Performance Stanmore Coal Safety Statistics Past 12 Months to Date 18.00 16.00 14.00 12.00 10.00 8.00 6.00 4.00 2.00 - Jul-18 Jan-19 Feb-19 Mar-19 Jun-19 Oct-18 Nov-18 Dec-18 May-19 Aug-18 Sep-18 Apr-19 TRIFR (rolling 12mth average) Safety • The Group undertook or man
Slide 6: Financial Highlights
Financial Highlights Record Full Year Earnings and Cash Generation from Operations $M FY2019 FY2018 Comments Key financial measures Underlying EBITDA1 154.9 45.5 Record earnings with 240% increase on prior year. Refer adjustments on following page Net profit /(loss) after tax for the year 91.6 6.0 R
Slide 7: Operational Highlights
Operational Highlights Record Full Year Earnings $M FY2019 FY2018 Comments Revenue 403.1 208.1 Record revenue, 94% higher than prior year Cost of sales (238.3) (155.8) Increase in costs reflects higher production, increase in State royalties, increased demurrage at port and higher sales volumes Gros
Slide 8: Financial Highlights
Financial Highlights Certainty in the Balance Sheet $M FY2019 FY2018 Comments Cash on hand 90.5 19.8 Cash invested in the development of Isaac Plains East ($7.3m) Interest bearing liabilities - - Debt fully repaid. US$22m working capital facility undrawn Net cash / (debt) 90.5 19.8 357% increase in
Slide 9: Operational Highlights
Operational Highlights Isaac Plains East fully operational PHYSICALS FY2019 FY2018 Prime Overburden (bcm) 25,758 23,382 ROM coal produced - Open cut (kt) 2,929 1,643 ROM strip ratio (prime) 8.8 14.2 CHPP feed (kt) 2,951 1,602 ROM stockpile (kt) 109 85 Saleable coal produced (kt) 2,390 1,128 Saleable
Slide 10: Isaac Downs Project Execution Timeline
Isaac Downs Project Execution Timeline Jun ‘18 Dec’18 Jun’19 Dec’19 Jun’20 Dec’20 Jun’21 Environmental Studies • Groundwater and hydrology studies underway with drilling Acquisition program complete • Flood impacts assessment underway • Ecology, Noise and Dust Environmental studies • Social and Econ
Slide 11: Outlook and Guidance
Outlook and Guidance Coal Type Price Share Price 350 1.80 1.60 300 1.40 250 1.20 A$/share US$/tonne 200 1.00 0.80 150 0.60 100 0.40 50 0.20 0.00 0 Jan-2015 Jan-2016 Jan-2017 Jan-2018 Jan-2019 Jan-2015 Jan-2016 Jan-2017 Jan-2018 Jan-2019 SMR share price Hard Coking Coal Semi-soft Coking Coal Thermal
Slide 12: Background Information
BACKGROUND INFORMATION stanmorecoal Metaacins
Slide 13: Board of Directors
Board of Directors Wealth of experience creating the building blocks for a growing organisation STEWART BUTEL DAN CLIFFORD STEPHEN BIZZELL NEAL O’CONNOR DARREN YEATES Non-executive Chairman Managing Director Non-executive Director Non-executive Director Non-executive Director • 40 years of experienc
Slide 14: Leadership team
Leadership team DAN CLIFFORD IAN POOLE BERNIE O’NEILL JON ROMCKE Managing Director Chief Financial Officer General Manager – Operations General Manager –Development • More than 25 years’ experience • 30 years’ experience in • More than 30 years’ experience in in the coal mining industry. financial a
Slide 15: Appendix A
Appendix A stanmorecoal Metaacins
Slide 16: Resources
Resources Stanmore Coal - Coal Resources, June 2019 Coal Measured Indicated Inferred Total Competent Report Project Name Tenement Type * Resources Resources Resources Resources Person Date ML 70342, Isaac Plains ML 700018, C,T 22.2 21.3 9 52 A May-18 ML 700019 ML 700016, ML 700017, Isaac Plains East
Slide 17: Reserves
Reserves Stanmore Coal - Coal Reserves, June 2019 Coal Reserves Marketable Reserves Competent Report Project Name Tenement Proved Probable Total Proved Probable Total Person Date Isaac Plains ML 70342 1.0 0.1 1.1 0.7 0.0 0.7 E Aug-19 Open-cut ML 700016, Isaac Plains East ML 700017, 9.4 2.6 11.9 7.2