Stanmore Resources Ltd · ASX:SMR
Stanmore Resources — Wilsons Rapid Insights Conference 2018
22 slides from Stanmore Resources's conference presentation, Nov 19, 2018
Slide 1: Wilsons Rapid Insights Conference: Expanding Production to Deliver Shareholder Returns
For personal use only WILSONS: RAPID INSIGHTS CONFERENCE Expanding Production to Deliver Shareholder Returns 20 NOVEMBER 2018 0
Slide 2: Important information
Important information For personal use only 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 a
Slide 3: Stanmore Coal Overview: The right path to value
Stanmore Coal Overview The right path to value For personal use only ASX CODE SHARE PRICE Independent coal company Positioned in right commodity at the right time of SMR A$0.9151 the cycle SHARES MARKET CAP 251,800,978 $230m1 Isaac Plains expansion operational with 1. AS AT 12 NOV ‘18 demonstrated p
Slide 4: The year ahead
The year ahead For personal use only Full year production guidance for Environmental rehabilitation of FY19 of 2.0Mt product ~150Ha planned in FY19 Development of Isaac Plains East Operations supported by additional ramping-up with two pits long-term port capacity to match operational by November 20
Slide 5: Safety
For personal use only Safety
Slide 6: Safety Performance
Safety Performance For personal use only Driving for certainty of no fatalities and individual safety performance 25.00 20.00 15.00 10.00 5.00 - Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 TRIFR TRIFR Target (rolling 12mth average) •Significant resources commi
Slide 7: Operations
For personal use only Operations
Slide 8: Isaac Plains Complex Logistics
Region For personal use only Isaac Plains Complex Logistics • 100% export product • Goonyella Branch to DBCT • 172km to DBCT • DBCT Port capacity 2.4mtpa 7
Slide 9: Isaac Plains Complex
Isaac Plains Complex For personal use only Isaac Plains Isaac Plains CHPP Isaac Plains East Isaac Plains UG 8
Slide 10: Isaac Plains Mine - final strip
For personal use only Isaac Plains Mine - final strip
Slide 11: Isaac Plains East – Pit Strip
For personal use only Isaac Plains East – Pit 4 Strip 1
Slide 12: Our Neighbours
Our Neighbours For personal use only Isaac Downs (previously Wotonga South) • 10 kilometres south of the existing coal handling and processing plant (CHPP) at Isaac Plains. • The deposit is expected to support an Isaac Plains Complex mine life in excess of 15 years • Capability to produce semi-hard
Slide 13: Operational Performance
Operational Performance Open-cut ROM tonnes mined For personal use only Implementation of the strategy ‘on the ground’ 3,000 2018 2,500 2,000 PLATFORM ASSET k tonnes 1,500 1,000 VALUE DRIVERS RELIABILITY ESTABLISHED 500 DRAGLINE UTILISATION 0 FY17 FY18 FY19 Actual Actual Guidance OPERATIONAL PERFORM
Slide 14: Operational Performance
Operational Performance For personal use only Stanmore is very well positioned with a reducing cost structure and increased production profile Open-cut Product tonnes produced Underlying EBITDA 2,500 120 100 2,000 80 $M k tonnes 1,500 60 1,000 40 500 20 0 0 FY17 FY18 FY17 FY18 FY19 Actual Actual Act
Slide 15: Rehabilitation Performance
Rehabilitation Performance For personal use only • Rehabilitation increased during FY18 with 128ha recontoured and 91ha top-soiled and seeded. • Additionally, a number of improvement projects were undertaken to improve water management infrastructure and integrity across the Isaac Plains Complex. •
Slide 16: Financial
For personal use only Financial
Slide 17: Financial Performance
Financial Performance For personal use only Debt free and invested for a 50% increase in production over the next year $M FY2018 FY2017 Comments Key financial measures Underlying EBITDA 45.5 26.8 Record earnings with 70% increase on prior year. Refer adjustments on Appendix A Net profit /(loss) afte
Slide 18: Development and Outlook
For personal use only Development and Outlook
Slide 19: The strategy into action during 2018
The strategy into actionduring 2018 For personal use only Cycle proofed and capital light 2018 •Toll Loading through Isaac Plains MAXIMISING CURRENT ASSETS infrastructure successfully completed •Isaac Plains East fully approved with Environmental Authority and Mining Lease granted VALUE DRIVERS IPC
Slide 20: The strategy into action
The strategy into action For personal use only With Isaac Plains maximized, further opportunity exists 2018 RIGHT SCALE OF DEVELOPMENT •The Range Project is progressing to Environmental WITH CAPITAL DISCIPLINE Authority Application off the base of the existing Mining Lease Application (MLA). •Stanmo
Slide 21: Outlook
Outlook For personal use only From creating certainty in outcomes and returns to sourcing further ROM coal and preparing the company for the next stage Coal Type Price Share Price 350 350 1.20 300 300 1.00 250 250 0.80 US$/tonne US$/tonne 200 200 0.60 150 150 0.40 100 50 100 0.20 0 50 0.00 2015 2016
Slide 22: Financial Performance - Appendix A
Financial Performance For personal use only APPENDIX A $M FY2018 FY2017 Comments Revenue 208.1 137.9 Record revenue, 51% higher than prior year Cost of sales (155.8) (104.1) Increase in costs reflects production acceleration plan, increase in State royalties, increased demurrage at port and higher s
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