Stanmore Resources Ltd · ASX:SMR
Stanmore Resources — Stanmore Coal — Investor Presentation (May 2013)
23 slides from Stanmore Resources's investor presentation, May 16, 2013
Slide 1: Company Presentation May 2013
For personal use only Company Presentation May 2013
Slide 2: Important Information
Important Information 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 directors, partners, emplo
Slide 3: About Stanmore Coal
About Stanmore Coal ASX code - SMR 94Mt of JORC For personal use only Pure play, Queensland 975-1,498 Mt(2) of based coal company Share price - A$0.15(3) Marketable additional exploration targets Reserves(1) Founded in 2008 Shares – 207.8m Mkt cap - $31.2m(3) 231Mt of Measured c.
Slide 4: Located in Queensland's Premier Coal Basins
For personal use only Located in Queensland’s Premier Coal Basins 4
Slide 5: Belview Project Overview
Belview Project Overview Acquisition of EPC 1186 Creates Large Coking Coal Project in Bowen Basin region 100% owned For personal use only Substantial coking coal project in heart of the Bowen Basin Acquisition of EPC1186 provides access to shallower coking coal and significant increase in Explor
Slide 6: Belview Project – Concept Study Results
Belview Project – Concept Study Results EPC 1186 significantly reduces the initial depth of mining For personal use only Asset description Project ownership 100% Location Blackwater, Bowen Basin, Qld JORC Inferred Resource 95Mt Exploration target1 735-1,103Mt Infrastructure solution Blackwater line,
Slide 7: Belview Project Timetable
Belview Project Timetable First coal target 2017 Concept study estimates underground development can commence in 2017 and longwall mining can For personal use only commence in late 2018 Source: Xenith Concept Mining Study 7
Slide 8: The Range Thermal Coal Project
The Range Thermal Coal Project Open cut, high energy, export grade thermal coal mine 100% owned For personal use only Feasibility Study complete on 5Mtpa open cut export thermal coal mine over 25 years High energy, low emission thermal coal sought after in Asia Mining Lease on track for 1st qu
Slide 9: The Range Thermal Coal Project Feasibility Study Results
The Range Thermal Coal Project Feasibility Study Results Asset Description Key Highlights For personal use only The Range, Surat Basin Project (Queensland) Confirmed the technical and economic feasibility of the project JORC Resources(1) / Coal Reserves(2) 287Mt / 94Mt Location relative to infrast
Slide 10: The Range Feasibility Study Results: High energy export thermal coal
The Range Thermal Coal Project Feasibility Study Results High energy export thermal coal For personal use only Surat Basin coals are typically clean burning with good burnout characteristics and low nitrogen, ash and sulphur Suitable for all key markets including Japan, China, Korea and India
Slide 11: Surat Basin Coal Quality Comparison
The Range Thermal Coal Project Surat Basin Coal Quality Comparison For personal use only Surat Basin coals are typically high energy, clean burning coals featuring low impurities and emissions. Quality Surat Walloon Coals Other Australian Chinese Coals Comment Export Coals Sulfur (%) 0.4 0.3 - 0.7 0
Slide 12: Milestones
For personal use only Milestones Asset 1H13 2H13 2014 Beyond 2014 -2017: Drilling EPC 1186 PFS FS & Approvals Development Belview and PFS planning 2017: First coal The Range Feasibility Study ML grant and 2016: First coal & EA negotiation Construction KEY Exploration & Studies Development Constructi
Slide 13: Supplementary Slides
For personal use only SUPPLEMENTARY SLIDES 13
Slide 14: Strong Board and Management Team
Strong Board and Management Team NEVILLE SNEDDON NICK JORSS STEPHEN BIZZELL VIV FORBES ANDREW MARTIN For personal use only 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 15: Reserves, Resources and Targets
For personal use only Reserves, Resources and Targets 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 16: Energy Demand is driven primarily by Asia
Energy Demand is driven primarily by Asia… For personal use only Source: Wood Mackenzie Global Energy & Metals Forum 2012 16
Slide 17: Bulk of supply to come from Pacific basin coal
… with the bulk of supply to come from Pacific basin coal IEA forecasts coal demand to grow 65% by 2035, overtaking oil as the largest supply of energy Demand for energy coal, as a result of For personal use only increased power-generation requirements, will be met by the seaborne market Thermal
Slide 18: QLD coal well positioned to meet the supply gap
QLD coal well positioned to meet the supply gap Australia will increase its share of the export market… Australian coals will increase their share of For personal use only the global seaborne market from 20% to 28% due to factors such as: superior coal quality; proximity to end-user market (As
Slide 19: Long term freight rate fundamentals favour Australian coal
Long term freight rate fundamentals favour Australian coal In the short term, low freight rates, when Recent freight rate pricing has been volatile with historic freight differentials less pronounced… For personal use only combined with low natural gas prices, make Shipping rates from export origi
Slide 20: The importance of coal as part of the global energy mix
The importance of coal as part of the global energy mix Feature Benefit For personal use only • Large reserves • Available without raising geopolitical or safety issues • Easily stored • Stockpiles at minesite, port and power stations can be drawn in emergencies • Reliable • Not weather dependent •
Slide 21: Commonly held Coal Industry misconceptions
For personal use only Commonly held Coal Industry misconceptions Myth Fact “Wind power is now cheaper than coal and Coal remains the cheapest form of reliable base load energy gas in Australia” Bloomberg New Energy Finance 2013 Global demand for coal has been reducing “In line with the trend over th
Slide 22: Efficient coal fired electricity helps reduce air pollution
Efficient coal fired electricity helps reduce air pollution The World Health Organisation estimates that: For personal use only • nearly 50% of pneumonia deaths among children under five are due to particulate matter inhaled from indoor air pollution • women exposed to heavy indoor smoke are three t
Slide 23: Australian junior coal sector is oversold
Australian junior coal sector is oversold Australian Junior Coal Stock Performance For personal use only 140 140.00 120 120.00 Index rebased to 100 All Ordinaries 100 100.00 (LHS) 80 80.00 USD Coal Junior 60 60.00 Average (LHS) 40 40.00 USD thermal coal 20 20.00 price (RHS) 0 0.00 1 6 11 16 21 26 31