Stanmore Resources Ltd · ASX:SMR
Stanmore Resources — Shareholder Meeting (November 2019)
16 slides from Stanmore Resources's shareholder meeting presentation, Nov 25, 2019
Slide 1: Annual General Meeting
For personal use only ANNUAL GENERAL MEETING Strong production generating record shareholder returns 25 NOVEMBER 2019 0
Slide 2: Important information
Important information For personal use only This document has been prepared by Stanmore Coal disclaim all liability that may otherwise arise due to any Recipients of the document must make their own Limited (“Stanmore Coal”) for the purpose of providing a of this information being inaccurate or inco
Slide 3: Overview - Certainty & Value
Overview - Certainty & Value For personal use only ASX CODE SHARE PRICE Independent Australian coal company based in Queensland • produces metallurgical coal (coal used in steel making) – this SMR A$1.0651 remains our focus SHARES MARKET CAP 256,094,238 $273m1 1. AS AT 21 Nov ‘19 Isaac Plains Comple
Slide 4: FY2019 in focus
FY2019 in focus For personal use only Record full-year production Environmental rehabilitation from Isaac Plains Complex ahead of approval conditions of 2.9Mt ROM and 2.4Mt Product Commenced mining Operations delivered record at Isaac Plains East in August 2018 – dragline transferred in underlying E
Slide 5: Safety
For personal use only Safety
Slide 6: Safety Performance
Safety Performance Stanmore Coal Safety Statistics Past 12 Months to Date For personal use only 18.0 16.0 14.0 12.0 10.0 8.0 6.0 4.0 2.0 0.0 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 TRI Frequency Rate (Rolling 12 Months) FY19 safety performance did not meet
Slide 7: Operations and Financial
For personal use only Operations and Financial
Slide 8: Operational Performance
Operational Performance For personal use only Open Cut ROM mined 3500 3000 2500 k tonnes 2000 1500 1000 500 0 Actual Actual Actual Guidance FY17 FY18 FY19 FY20 • Operational performance improved with a 10% increase in overburden removal and 78% increase in open cut ROM coal mining • Transferred mini
Slide 9: Operational Performance
Operational Performance For personal use only Open-cut Product Coal Produced Underlying EBITDA ($M) 3000 160 140 2500 120 2000 100 k tonnes 1500 80 60 1000 40 500 20 0 0 Actual Actual Actual Guidance Actual Actual Actual Guidance FY17 FY18 FY19 FY20 FY17 FY18 FY19 H1 FY20 FOB Costs (A$/tonne, ex. ro
Slide 10: Financial Performance – Year ended June 2019
Financial Performance – Year ended 30 June 2019 For personal use only $M FY2019 FY2018 Comments Key financial measures Underlying EBITDA 154.9 45.5 Record earnings with 240% increase on FY18 Net profit /(loss) after tax for the year 91.6 6.0 Based on advances in production, cost efficiency and produ
Slide 11: Rehabilitation Performance
Rehabilitation Performance For personal use only Newly seeded rehabilitation Isaac Plains Rehabilitation and Flood Protection • Rehabilitation increased during the year (FY19) with 150ha recontoured and 109ha top-soiled and seeded. Further 17ha recontoured and 58ha top-soiled in September quarter of
Slide 12: Development and Outlook
For personal use only Development and Outlook
Slide 13: Strategy into action during 2019
Strategy into action during 2019 For personal use only • Isaac Plains East fully operational from December 2018, giving significant boost to mine life, an improvement in cost structure and improving coal quality • Progressed approvals of Isaac Downs with EIS Terms of Reference released in October 20
Slide 14: Isaac Downs Project Execution Timeline
Isaac Downs Project Execution Timeline For personal use only Jun ‘18 Dec’18 Jun’19 Dec’19 Jun’20 Dec’20 Jun’21 Environmental Studies – complete • Groundwater and hydrology studies underway with Acquisition drilling program complete • Flood impacts assessment underway • Ecology Environmental studies
Slide 15: Isaac Downs Progress
Isaac Downs Progress…. For personal use only Schedule • Final ToR (Terms of Reference) published by government on 2 October 2019 • EIS completed and currently being reviewed by government • Approval process according to plan • Tender for Bankable Feasibility Study issued – currently being assessed •
Slide 16: Outlook and Guidance
Outlook and Guidance Coal Type Price Share Price For personal use only 350 1.80 1.60 300 1.40 250 1.20 A$/share US$/tonne 200 1.00 0.80 150 0.60 100 0.40 50 0.20 0 0.00 Jan-2015 Jan-2016 Jan-2017 Jan-2018 Jan-2019 Jan-2015 Jan-2016 Jan-2017 Jan-2018 Jan-2019 SMR share price Hard Coking Coal Semi-sof
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