Slide 1: June 18 Quarterly Presentation
For personal use only JUNE 18 QUARTERLY PRESENTATION
Slide 2: Important Information
IMPORTANT INFORMATION For personal use only This document has been prepared by Stanmore Coal own objectives, financial situation and needs and seek current market conditions. Forward looking statements Limited (“Stanmore Coal”) for the purpose of providing a appropriate advice, including financial,
Slide 3: Stanmore Coal Overview
STANMORE COAL OVERVIEW SIGNIFICANT STEPS TAKEN ON THE RIGHT PATH TO VALUE For personal use only ASX code Share price INDEPENDENT COAL COMPANY SMR A$0.801 Positioned in right commodity in the right time of the cycle. Shares Market cap ISAAC PLAINS OPERATIONAL WITH DEMONSTRATED 251,800,978 $201m1 PERF
Slide 4: Early stages of the strategy successfully executed with proven ability to deliver
THE STRATEGY EARLY STAGES OF THE STRATEGY SUCCESSFULLY EXECUTED WITH PROVEN ABILITY TO DELIVER THE MINING CYCLE For personal use only 2017–2018 2018–2019 2020–2025 2025 onwards Platform Acquisition Maximising current assets Right scale of development with capital discipline Positioning in commodity
Slide 5: June Quarter Highlights
JUNE QUARTER HIGHLIGHTS FULL YEAR PRODUCTION WITHIN GUIDANCE AND FY19 BASIS ESTABLISHED For personal use only ISAAC PLAINS • Coal production within guidance, impacted by timing of coal mining resulting in ROM stockpile increases • June quarter FOB costs of $114/t. Full year (unaudited) FOB costs of
Slide 6: Health and Safety
HEALTH AND SAFETY ONE RECORDABLE INJURY DURING THE QUARTER RESULTING IN THE 12-MONTH TRIFR OF 16.4 For personal use only Stanmore Coal Safety Statistics Past 12 Months to Date 25.00 20.00 15.00 10.00 5.00 - Jul-17 Aug-17 Sep-17 Oct-17 Nov-17 Dec-17 Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 TRIFR TRI
Slide 7: Quarter Ending June
QUARTER ENDING JUNE 18 STRONG RESULTS FOLLOWING ACCELARATION PLAN For personal use only Quarter Ended Year-to-date Jun Mar Change Jun Change Jun Jun Change Thousands of tonnes 2018 2018 %* 2017 %* 2018 2017 %* ROM coal produced 547 382 43% 564 (3%) 1,643 1,737 (5%) 2017 - 2018 ROM strip ratio (BCM/R
Slide 8: Operational Performance
OPERATIONAL PERFORMANCE OPERATIONAL PERFORMANCE For personal use only Prime waste overburden (bcm) ROM tonnes mined 16,000 1,400 14,000 1,200 12,000 1,000 10,000 k tonnes 800 k bcm 8,000 600 6,000 400 4,000 2,000 200 0 0 FY17 H1-FY18 H2-FY18 FY18 Unaudited FY19 FY17 H1-FY18 H2-FY18 FY18 Unaudited FY
Slide 9: Into Action During FY18/19
THE STRATEGY INTO ACTION DURING FY18/19 CASH GENERATION AND FULL UTILIZATION OF THE INFRASTRUCTURE REMAINS FRONT AND CENTRE FOR FULL SHAREHOLDER VALUE For personal use only 2018–2019 Maximising current assets Toll Loading Completed IPE Operations Commenced Taken into Bankable Feasibility Value Drive
Slide 10: Into Action During FY18/19: Accelerate EBITDA growth into FY19
THE STRATEGY INTO ACTION DURING FY18/19 THE COMBINATION OF PRICE, TIMING OF PROJECTS AND FLEXIBILITY IN INFRASTRUCTURE POSITIONS STANMORE WELL TO ACCELERATE EBITDA GROWTH INTO FY19 For personal use only 350 4,000 300 3,500 3,000 250 1,200 2,500 200 US$/tonne ROM tonnes 2,000 3,500 150 217 1,500 100
Slide 11: Wotonga South provides 8-10 years additional mine life
THE STRATEGY INTO ACTION DURING FY18/19 WOTONGA SOUTH PROVIDES 8-10 YEARS ADDITIONAL MINE LIFE IN A VERY SOUGHT AFTER REGION For personal use only Wotonga South • Stanmore announced on 12 June 2018 the acquisition 2018–2019 of MDL137 and EPC728 (known as Wotonga South) • Purchased from Millennium Co
Slide 12: Into Action: Life of mine at Isaac Plains assured, further opportunity exists
THE STRATEGY INTO ACTION WITH THE LIFE OF MINE AT ISAAC PLAINS NOW ASSURED, FURTHER OPPORTUNITY EXISTS For personal use only • A review of The Range Project (Surat Basin) has been commissioned: 2020–2025 • CAPEX and OPEX review Right scale of acquisition • Mine infrastructure design with capital dis
Slide 13: The Leadership Team
THE 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 Energy, Glenc