Slide 1: June 2017 Quarterly Presentation
For personal use only JUNE 2017 QUARTERLY PRESENTATION July 2017
Slide 2: Important Information
IMPORTANT INFORMATION For personal use only This document has been prepared by Stanmore Coal seek appropriate advice, including financial, legal and earnings and estimates are provided as a general guide Limited (“Stanmore Coal”) for the purpose of providing a taxation advice appropriate to their ju
Slide 3: Overview of Stanmore Coal
OVERVIEW OF STANMORE COAL For personal use only Queensland based coal development company, operations at Isaac Plains Coking Coal Mine ASX code Share price Shares Market cap SMR A$0.3351 251,800,978 $84.4m1 Strong shareholder base SHARE OWNERSHIP Advanced metallurgical and thermal coal development p
Slide 4: The Business at a Glance
THE BUSINESS AT A GLANCE For personal use only INDEPENDENT ISAAC PLAINS ISAAC PLAINS MULTIPLE ACQUISITION COAL COMPANY OPERATIONAL REPRESENTS TARGETS AND WITH FOCUS ON WITH RAMP-UP THE COMPANY’S INTERNAL PROJECTS COKING COAL ACHIEVED PLATFORM ASSET ON WHICH STANMORE CAN CAPITALISE ▪ 1–2Mtpa sales op
Slide 5: Overview – Stanmore Portfolio
OVERVIEW – STANMORE PORTFOLIO For personal use only BOWEN BASIN – SURAT BASIN – COKING COAL THERMAL COAL ISAAC PLAINS – 100% THE RANGE – 100% Operations Development (pending infrastructure) ISAAC PLAINS EAST – 100% CLIFFORD – 60% Development Exploration & studies BELVIEW – 100% Exploration LILYVALE
Slide 6: Strategic Objectives FY17 and Forward
STRATEGIC OBJECTIVES FY17 AND FORWARD For personal use only Time horizon Internal External Short • Establish reliability and repeatability • Assess potential assets in proximity to IP Complex of production from Isaac Plains In • Drive for value from complex via cost per tonne place Medium • Develop
Slide 7: Experienced Leadership Team
EXPERIENCED LEADERSHIP TEAM For personal use only • More than 20 years’ experience in the coal mining industry DAN CLIFFORD • Has worked in Australia, South Africa and New Zealand MANAGING DIRECTOR • Substantial open cut and underground coal mining experience • Previously roles were with Solid Energ
Slide 8: Isaac Plains Update
For personal use only ISAAC PLAINS UPDATE ISAAC PLAINS UPDATE
Slide 9: Safety
SAFETY For personal use only TWO INJURIES (TRI) STANMORE COAL SAFETY STATISTICS DURING QUARTER PAST 12 MONTHS TO DATE During the March quarter, there were two injuries (TRI) (including one lost 50,000 20 time injury) at the Isaac Plains Mining Complex, with no other injuries recorded 45,000 across o
Slide 10: Revised Mine Plan
REVISED MINE PLAN For personal use only PROGRESS AGAINST THE PLAN PRIME STRIP RATIO In December 2016 the Company announced a capital 20 raising for A$15 million (pre costs) to invest in both pre- strip advancement and coal inventory, based on a 16 Revised Mine Plan (RMP). 12 During the June quarter
Slide 11: Operating Results – Mine Physicals and Costs
OPERATING RESULTS – MINE PHYSICALS AND COSTS For personal use only PRIME WASTE OVERBURDEN (BCM) ROM COAL MINED 7,000 600 6,000 500 5,000 400 k tonnes kbcm 4,000 300 3,000 200 2,000 100 1,000 - - Q1-FY17 Q2-FY17 Q3-FY17 Q4-FY17 FY18 IPE 1st 3yrs* Q1-FY17 Q2-FY17 Q3-FY17 Q4-FY17 FY18 IPE 1st 3yrs* Act
Slide 12: Operating Results – Mine Physicals and Costs
OPERATING RESULTS – MINE PHYSICALS AND COSTS For personal use only PRODUCT TONNES PRODUCED FOB COSTS (A$/TONNE) 400 140 350 120 300 100 250 80 k tonnes 200 60 150 40 100 50 20 - - Q1-FY17 Q2-FY17 Q3-FY17 Q4-FY17 FY18 IPE 1st 3yrs* Q1-FY17 Q2-FY17 Q3-FY17 Q4-FY17 FY18 IPE 1st 3yrs* Actual Average Qua
Slide 13: Coal Price Outlook
COAL PRICE OUTLOOK For personal use only RECENT VOLATILITY TO HISTORICAL SPOT COAL PRICE (USD) STABILISE IN MEDIUM TERM 350 During the quarter the Company sold 265kt of semi-soft coking coal, with no thermal sales in the quarter. The 300 average shipped price for all coal during the June quarter was
Slide 14: Update Projects
For personal use only UPDATE PROJECTS
Slide 15: Isaac Plains East Indicative Timetable to Production
ISAAC PLAINS EAST INDICATIVE TIMETABLE TO PRODUCTION (FINANCIAL YEAR BASIS) For personal use only Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY17 FY17 FY17 FY17 FY18 FY18 FY18 FY18 EA Amendment and Resolution of key Public Potential grant date Potential first ML Applications negotiations with notification for Mining L
Slide 16: Isaac Plains Underground Indicative Timetable to Investment Decision
ISAAC PLAINS UNDERGROUND INDICATIVE TIMETABLE TO INVESTMENT DECISION (FINANCIAL YEAR BASIS) For personal use only Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 FY17 FY17 FY17 FY17 FY18 FY18 FY18 FY18 Exploration planning Feasibility focusing on Target Investment and project scheduling optimal bord & pillar decision on bu