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Paringa Resources Ltd

US:PNRLYUS:PNRLUS:PNGZF
US$0.167Close 6 Oct 2026 · delayed

Past year: ▲ 29%(12.7c – 34.0c USD)

Market cap
A$109m
Shares on issue
461m
Story beats
7 since 2018
Last event
28 Feb 2020

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

20 Dec 2018drilling result▲ GoodMajor

The Poplar Grove slope and both ventilation shafts have reached the Western Kentucky No. 9 coal seam, which the company calls a material milestone and which lets it start bottom development work. This follows the earlier December 2018 target for first coal; the plant and river dock are said to be on target for commissioning, and the company says mining equipment is arriving ahead of a January switch from contract mining to owner-operated production.

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