Stanmore Resources Ltd · ASX:SMR

Stanmore Resources — Stanmore Coal — Corporate Update (June 2012)

10 slides from Stanmore Resources's corporate update, Jun 28, 2012

  1. Slide 1: Key infrastructure and funding agreements

    For personal use only Key infrastructure and funding agreements Nick Jorss – Managing Director June 2012

  2. 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

  3. Slide 3: Key agreements executed

    Key agreements executed For personal use only  Wiggins Island Coal Export Terminal expansion phase 1 Capacity Commitment Deed executed for 5Mtpa  Participation in key rail facilities provides mine to port solution  $36m placement of shares and convertible notes made to Sprint Capital with $25m de

  4. Slide 4: Key Port Infrastructure Allocation

    Key Port Infrastructure Allocation For personal use only WICET Expansion Phase 1 (WEXP1)  Capacity Commitment Deeds (CCD’s) executed for 5Mtpa allocation in WEXP1  Provides a framework for progression to financial close and take or pay agreements  WEXP1 port expansion of 32.2Mt  Four Surat and B

  5. Slide 5: Key Rail Infrastructure

    Key Rail Infrastructure For personal use only Surat Basin Rail (ATEC, QR, Xstrata)  The Range has satisfied due diligence requirements  Stanmore Coal has been invited to sign an SBR Capacity Commitment Deed  CCD is pre-cursor to Access Agreement targeted in late 2012 QR – Moura line expansion  W

  6. Slide 6: Agreement with Sprint Capital

    Agreement with Sprint Capital Key amounts Post deal share distribution For personal use only  $27m placement of 40m shares at 67.5cps (prior to note conversion)  $9m for 13.4m convertible notes, convertible at either the company or holders discretion after two years  Placement price is 87.5% prem

  7. Slide 7: Sprint Marketing and Cooperation Agreement

    Sprint Marketing and Cooperation Agreement For personal use only Marketing agreement  Sprint to market 15% of Stanmore coal production (China focus)  Term of 5 years from start of commercial production Cooperation Agreement  Significant goodwill for future collaboration on growth opportunities 

  8. Slide 8: Approvals and other funding

    Approvals and other funding Director and shareholder support For personal use only  St Lucia (associated with Nick Jorss and Andrew Martin) to support proposed fund raising and will vote in favour  All other Directors support raising and will vote their shareholdings in favour, subject to fiduciar

  9. Slide 9: Building a Surat Basin Portfolio

    Building a Surat Basin Portfolio EPC’s 1274/76 100% owned (pending Ministerial approval) For personal use only  Potential for export quality thermal coal within 1371km2 tenements  Adjacent to 4.5 billion tonne Wandoan project  130-195 Mt initial Exploration Target1 defined at two locations  Mult

  10. Slide 10: The Path to Production

    The Path to Production For personal use only  $61m total capital raising funds port and rail bonds and early works commitments  Equity raised at a significant premium to current market pricing  WICET and rail allocation confirms an infrastructure solution that connects The Range to export markets

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