Stanmore Resources Ltd · ASX:SMR
Stanmore Resources — Stanmore Coal — Investor Presentation (October 2013)
18 slides from Stanmore Resources's investor presentation, Oct 8, 2013
Slide 1: Investor Presentation October 2013
For personal use only Investor Presentation October 2013
Slide 2: Important Information
Important Information For personal use only This document has been prepared by Stanmore Coal Limited (“Stanmore Coal”) for the purpose of providing a company and technical overview to interested analysts/investors. None of Stanmore Coal, nor any of its related bodies corporate, their respective dire
Slide 3: About Stanmore Coal
About Stanmore Coal For personal use only Queensland based coal Emerging coking coal producer Strong Board and management development company at Belview team with proven track record of developing and operating coal Founded in 2008 Additional pipeline of attractive mines projects Listed in December
Slide 4: Strong Board and Management Team
Strong Board and Management Team For personal use only NEVILLE SNEDDON NICK JORSS STEPHEN BIZZELL VIV FORBES ANDREW MARTIN Managing Director Director Director Chairman Director Mining engineer with 37 years 20 years in engineering, project Extensive experience in Over 40 years of Bowen Basin coal 15
Slide 5: Located in Queensland's Premier Coal Basins
Located in Queensland’s Premier Coal Basins 1 Emerging Bowen Basin coking coal producer at Belview For personal use only Belview hosts high quality underground coking coal on existing rail line First coking coal exports planned from Belview in 2017 2 Pipeline of additional coal projects Lilyvale hos
Slide 6: Belview Project Overview
Belview Project Overview Significant Coking Coal Project in the Bowen Basin For personal use only 100% owned Substantial coking coal deposit in heart of the Bowen Basin – initial 322Mt JORC Inferred Resource Coal quality results to date confirm attractive coking properties across multiple seams Infr
Slide 7: Belview Project
Belview Project High quality underground Coking Coal Project For personal use only Exploration Target 1 Substantial resource base with Seam JORC Inferred Resource (Mt) Thickness (m) Low High potential for growth with more Aries - n/a 102 152 drilling Castor 107 2.6 33 48 Pollux 166 3.2 Gemini 23 6.7
Slide 8: Belview Project Status
Belview Project Status First Coal target 2017 For personal use only Inferred drilling program recently completed Mining Lease Application submitted Coal quality update expected shortly from recent drilling within MLA area Value engineering and cost reduction program commenced with an objective of a
Slide 9: Queensland Coking Coal Market
Queensland Coking Coal Market Positive trends emerging For personal use only 1 Coking Coal price is recovering Recent settlement at $152/t for Hard Coking Coal – spot price up 15% from recent lows Oversupply still exists but is forecast to reduce over time Shortage of long life quality coking coal a
Slide 10: Queensland Coking Coal Market
Queensland Coking Coal Market Strong outlook for recovery For personal use only “ • Met coal supply growth in recent years has been strong, particularly from Australia, Canada and the USA, resulting in a glut of supply on the seaborne market • As the world slowly emerges from it’s slump, we expect s
Slide 11: Lilyvale Project
Lilyvale Project Coking Coal Project For personal use only The Lilyvale Project is targeting the German Creek seam which is mined as a prime coking coal at nearby operating mines: Kestrel UG Longwall (Rio Tinto) Crinum UG Longwall (BMA) Historical drilling results and knowledge of surrounding assets
Slide 12: The Range Thermal Coal Project
The Range Thermal Coal Project Open cut, high energy, export grade thermal coal mine For personal use only 100% owned Feasibility Study complete on 5Mtpa open cut export thermal coal mine over 25 years High energy, low emission thermal coal sought after in Asia EIS completed and Mining Lease grant e
Slide 13: Stanmore Coal's Strategy
Stanmore Coal’s Strategy Driving towards production with disciplined growth For personal use only The Company’s strategy over the next twelve months is to: 1 Deploy capital judiciously, where long term value can be created − Undertake drilling activities and studies to support development of key pro
Slide 14: Reserves, Resources and Targets
Reserves, Resources and Targets For personal use only JORC JORC JORC Measured JORC Indicated JORC Inferred Total JORC Additional Exploration Project Marketable Coal Recoverable Resource (1) Resource (1) Resource (1) Resource (1) Target (3) Reserve (1) (2) Coal Reserve (1) (2) Low High The Range Ther
Slide 15: Coking Coal Market Background
For personal use only Coking Coal Market Background 15
Slide 16: Juniors have efficiently developed the majority of greenfield developments in QLD
Juniors have efficiently developed the majority of greenfield developments in QLD over the last decade New Mine First Year of Initial Current Owner Nominal For personal use only Of the 11 greenfield operations developed during the Development Production Explorer/Developer Production period 2002 thro
Slide 17: Steel production strength is likely to continue as the urbanisation of China continues
Steel production strength is likely to continue as the urbanisation of China continues For personal use only The urbanisation of China will continue to China is now a significant importer of coking coal underpin strong steel demand, particularly in due to the price arbitrage presented by the the les
Slide 18: Future coking coal supply growth is likely to come from Australian prime deposits
Future coking coal supply growth is likely to come from Australian prime deposits For personal use only • The Bowen Basin exports quality hard coking coals which will continue to be amongst the most highly valued in the global market • Timing of the new supply from other developing coking coal basin