Past year: ▲ 18%(2.15 – 3.01 AUD)
Each one in plain English, with the numbers worked through for a shareholder.
16 June 2011director officer appointment▲ Good
Wesley Nichols appointed General Manager Exploration. He has 22 years in Bowen and Surat Basin roles, most recently Geology Manager at New Hope Coal since 2008. He takes over the former exploration manager's responsibilities and leads exploration and evaluation of the key projects.
6 June 2011asset acquisition disposition▲ GoodMajor
EPC 1769 has been granted at Kerlong, lifting the granted area there by 80%, resolving the earlier priority-applicant status. Stanmore is preferred applicant for adjoining EPCA 2176, with grant expected in about six months, but lost its bid for EPCA 1657. Drilling starts this month.
2 June 2011regulatory community update● NeutralMajor
Stanmore reviewed Queensland's strategic cropping land policy. Only two granted tenements, Mackenzie and Tennyson, are potentially affected; less than 10% of Mackenzie's 99Mt Inferred Resource is said to lie in trigger areas. The Range and four other projects are outside the protection areas.
17 May 2011other● Neutral
A video interview with Managing Director Nick Jorss, covering highlights of the recent quarterly report and upcoming activities, has been posted to the website. No new information is in the announcement itself.
16 May 2011investor presentation● Neutral
Asian investor presentation, May 2011. The text provided is mostly disclaimers and competent-person statements; no new results are visible.
12 May 2011investor presentation● Neutral
Presentation on The Range given at the Surat Basin Coal and Energy Conference, May 2011. The text provided is mostly disclaimers and competent-person statements; no new information is visible.
5 May 2011investor presentation● Neutral
May 2011 investor presentation giving a company and technical overview. The text provided is mostly disclaimers and competent-person statements; no new results are visible.
29 Apr 2011quarterly activities report● Neutral
March 2011 quarter: drilling continued at The Range (219Mt Inferred) and Mackenzie River (99Mt), with a 26-hole Mackenzie program under way despite rain. Emerald is now named Tennyson. Belview drilling is due in April and Kerlong in the June quarter; the Range land purchase has begun.
7 Apr 2011asset acquisition disposition▲ GoodMajor
Stanmore has secured the right to buy a key property inside The Range mining lease area, paid in stages over several years on confidential terms. The vendor can keep farming it for now. Talks continue with other landowners, with more deals expected this year.
31 Mar 2011drilling progress report▲ Good
Emerald scout drilling has cut 2.7m of Aries and 2.6m of Corvus Lower seam in three of eight holes. The Range pre-feasibility study and environmental studies have started, with mining lease approval expected Q3 2012. Rain still limits Mackenzie River drilling; Belview and Kerlong move to April.
15 Mar 2011half year report● Neutral
Half-year accounts to 31 December 2010. The visible text is the directory and review of operations, restating the 99Mt Mackenzie River resource, the EPC 2081 merger and a 2011 work plan, with a 7Mtpa production plan by 2015. Financial figures are not visible in the text provided.
7 Mar 2011admin correction● Neutral
Computershare notice that its Brisbane office moves address from 7 March 2011, listing affected clients including Stanmore. Administrative only.
18 Feb 2011drilling spud▲ GoodMajor
Drilling restarted at The Range (28 holes, to convert the 219Mt Inferred Resource to Indicated for WICET) and began at Emerald (eight holes, 220-290Mt thermal target). Mackenzie River and Belview drilling is due in March, then Kerlong.
17 Feb 2011director officer appointment▲ Good
Michael McKee formally appointed Operations Manager after three months on contract. He will lead feasibility, construction and production at The Range and Mackenzie River, targeting production by 2015. Previously worked at Yarrabee, Minerva and Sonoma mines.
31 Jan 2011asset acquisition disposition▲ GoodMajor
Stanmore is the first-priority applicant for EPCA 1769, four sub-blocks next to its Kerlong coking coal project. Grant is expected within about six months. It covers the shallower up-dip extension of target seams; Kerlong drilling is planned from Q2 2011.
31 Jan 2011investor presentation● Neutral
February 2011 investor presentation giving a company overview. The text provided is mostly disclaimers and repeats known facts.
28 Jan 2011quarterly activities report● Neutral
December 2010 quarter: Mackenzie River tenements merged into EPC 2081 and The Range mining lease lodged. Wiggins Island Coal Export Terminal Stage II participation confirmed with a bank guarantee. Floods delayed drilling; the 99Mt resource is unchanged.
29 Dec 2010other● Neutral
Adoption of a securities trading policy, effective 24 December 2010, setting clearance rules for directors and staff dealing in company shares. Governance document with no impact on projects or finances.
20 Dec 2010drilling result▲ GoodMajor
A coal seam gas well on the Belview northern boundary, shared under a data arrangement, cut multiple seams totalling 16.9m, including 3.83m of Pisces. This suggests the coking seams mined at the adjacent Leichhardt mine continue into Belview; 2011 drilling is planned.
6 Dec 2010investor presentation● Neutral
December 2010 investor presentation giving a company overview. The text provided is mostly disclaimers and highlights repeating known facts; nothing new is visible.
22 Nov 2010investor presentation● Neutral
Annual General Meeting presentation of 22 November 2010. The text provided is mostly disclaimers and the start of the chairman's address; no new results are visible.
9 Nov 2010regulatory community update▲ GoodMajor
Lodged Mining Lease application 55001 and an Environmental Authority application for The Range (219Mt Inferred thermal coal), following the September conceptual study. It is the first Stanmore project to reach this stage, in line with first coal in Q1 2015.
9 Nov 2010other● Neutral
Notice that 9,000,000 shares will be released from ASX escrow and become tradable on 3 December 2010. Administrative, though it adds tradable supply.
8 Nov 2010admin correction● Neutral
Corrects dates in the 4 November announcement: allotment and holding statements on 9 November, and new shares trading from 10 November 2010. Administrative only.
4 Nov 2010capital raising announcement▲ Good
The $13.2m entitlement offer closed oversubscribed, with applications over $23.8m and over 97% of entitlements taken up. Additional share applications were scaled back, so 482,967 shares ($386,374) are allotted. Completes the $25.7m raising.
29 Oct 2010quarterly activities report● Neutral
September 2010 quarter report restating the 99Mt Mackenzie River resource, the 219Mt Range resource and study, and the $25.7m raise. Infrastructure talks continue with QR, WICET and SBR. No new results.
13 Oct 2010capital raising announcement● Neutral
Offer booklet and personalised forms for the entitlement offer were sent to eligible shareholders. Acceptances close 29 October 2010. Administrative.
12 Oct 2010investor presentation● Neutral
October 2010 Coal Exploration Hotspots conference presentation giving a company overview. The text provided is mostly disclaimers and repeats known facts.
1 Oct 2010investor presentation● Neutral
Capital raising presentation supporting the $25.7m raise, included in the offer booklet. The text provided is mainly disclaimers and repeats known project facts.
1 Oct 2010capital raising announcement▲ GoodMajor
Raises $25.7m: a $12.5m placement at $0.90 (about 13.9m shares) plus a fully underwritten 2-for-13 entitlement offer at $0.80 for $13.2m. Funds progress Mackenzie River and The Range and speed up exploration. First raise since the $6m IPO at $0.20.
