Stanmore Resources LtdASX: SMR

FY20 Guidance Update

· Issued by Stanmore Resources Ltd

Filed with ASX · · 1 page · English

Summary by 6ix AI

The company expects a significant deferral in revenue and earnings, with no sales forecast for June, resulting in a reduction in expected sales volume. Despite a drop in coking coal prices, the company believes it will not materially affect its underlying EBITDA due to contract pricing. Production guidance remains unchanged at a specified amount for the full year.

Written by 6ix AI from the company’s filing. How 6ix writes summaries

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