Past year: ▼ 21%(6.30c – 9.98c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
15 Oct 2025resource reserve update● NeutralMajor
Blair Athol's updated JORC statement shows 27.0Mt resources, 18.0Mt reserves and 14.0Mt marketable reserves at 30 June 2025, with mine life to 2033 at 1.6-1.8Mtpa sales. Reserves are slightly lower than 2024's 19.6Mt, though the company says life of mine is maintained.
30 Sept 2025financial restatement▼ BadMajor
Audited FY25 loss widens to A$43.4m from the A$33.7m preliminary figure, mainly from a further A$6.8m impairment on the 49% New Clydesdale investment and a A$4.6m lower tax benefit. Net tangible assets fall to 14.94c per share from 16.16c.
29 Aug 2025annual report▼ BadMajor
Unaudited FY25 result: revenue fell 13% to A$226.7m and the statutory loss was A$33.7m, versus a A$25.0m profit in FY24. Normalised loss is A$8.6m after adding back the A$8.5m ASIC settlement and A$15.3m impairments. No final dividend; audit still in progress.
4 Aug 2025director officer appointment▲ GoodMajor
Jen Williams, with 15+ years in Australian coal (including Peabody, Coronado, Bowen Coking Coal and Whitehaven), is appointed CFO and Company Secretary from 7 August 2025. She fills the role Megan Etcell announced she would leave in July.
9 July 2025director officer appointment● NeutralMajor
CFO and Company Secretary Megan Etcell will step down, citing personal circumstances that prevent relocating to the new Brisbane headquarters. She stays until end of 2025 or as agreed; a Brisbane-based CFO search has begun.
4 July 2025regulatory community update▲ GoodMajor
Federal Court dismissed ASIC's case against Managing Director Danny McCarthy and three former directors and officers. The company's own settlement with ASIC remains subject to Court approval. This largely resolves the individuals' side of the 2023 case.
1 July 2025production update● Neutral
TerraCom says the revised 1.52Mt FY25 sales target was met, after a final shipment of about 92kt in late June. June ROM coal was 238kt. FY26 plan stresses value over volume.
12 June 2025production update▼ BadMajor
Blair Athol FY25 sales guidance cut again, to 1.52Mt from 1.6Mt, including a roughly 80kt shipment due in late June. FY26 production and sales profile is being finalised with a focus on cutting costs.
5 June 2025investor presentation● Neutral
Sydney Mining Club coal event presentation. Only the disclaimer is visible, noting resources are as per the October 2024 annual report, so it appears to repeat known information.
27 May 2025regulatory community update▼ BadMajor
TerraCom agrees with ASIC to settle the whistleblower case filed in February 2023: a A$7.5m civil penalty (A$4m soon after the order, A$3.5m by 30 June 2026) plus A$1m of ASIC costs. Subject to Court approval.
14 Apr 2025other● Neutral
Notice that the Sydney office of the share registry, MUFG Corporate Markets, moves address from 14 April 2025. Administrative only.
7 Apr 2025production update▼ BadMajor
Blair Athol FY25 sales guidance cut to 1.6Mt from 1.8Mt after March-quarter rain more than 1.5 times the 10-year average. March quarter sales were 321kt. Operating costs are said to be largely unchanged; Moorlands first coal still targeted for 2026.
7 Mar 2025other▼ Bad
S&P index notice listing TerraCom (TER) among removals from the All Ordinaries index effective 24 March 2025. It follows the earlier removal from the ASX 300 in September 2024.
28 Feb 2025other● Neutral
Results summary for the half year: normalised EBITDA A$19.3m and normalised profit A$9.0m. Management says the shipment that sailed 1 January would have lifted normalised EBITDA to about A$25m. It reiterates focus on Blair Athol, selling South Africa and Moorlands.
28 Feb 2025half year report▼ BadMajor
Half-year to December 2024: revenue fell 21% to A$111.3m, EBITDA fell 69% to A$15.2m and profit after tax fell 91% to A$2.9m. No dividend for the December quarter. Net tangible assets were 20.61 cents per share.
31 Jan 2025other● Neutral
Invitation to an investor webinar with Managing Director Danny McCarthy on 4 February 2025. Administrative notice with no new information.
19 Dec 2024joint venture update● Neutral
Update on the Wintime Moorlands cooperation: a steering committee and project development manager are in place. Definitive documents are now expected in the March quarter of FY25, slipping from the 31 December 2024 target. First coal target remains June 2026.
21 Nov 2024investor presentation● Neutral
AGM chair address and presentation. The chair repeats the annual report points: average price A$361 in FY23 versus A$159 in FY24, and enthusiasm for the Wintime agreement. No new figures visible.
12 Nov 2024investor presentation● Neutral
November 2024 investor webinar presentation. Only the disclaimer is visible, with no new figures readable, so it appears to repeat known information.
7 Nov 2024other● Neutral
Invitation to an investor webinar with Managing Director Danny McCarthy on 12 November 2024. Administrative notice with no new information.
31 Oct 2024dividend declaration▲ GoodMajor
TerraCom declares a fully franked 1 cent per share dividend for the September quarter, payable 6 December 2024. This restarts dividends, the first declared since the 3c paid in September 2023, earlier than the company's hope in July.
30 Oct 2024investor presentation● Neutral
Investor lunch presentation in October 2024. Only the disclaimer is visible, noting resources are as per the 21 October annual report, so it appears to repeat known information.
21 Oct 2024other● Neutral
Appendix 4G, the checklist pointing to where the governance disclosures can be found, lodged with the annual report. Administrative only; no new information.
21 Oct 2024annual report● Neutral
The 2024 Annual Report repeats the FY24 results already reported on 30 August: average price fell to A$159/t from A$361 in FY23. The chairman calls the Wintime Moorlands agreement exciting; Blair Athol is described as returning to a 1.8Mt run rate.
21 Oct 2024other● Neutral
Annual corporate governance statement for the year to 30 June 2024, assessed against ASX principles. It notes a five-member board unchanged. Administrative disclosure with no new business events.
6 Sept 2024other▼ Bad
S&P Dow Jones Indices will remove TerraCom from the S&P/ASX 300 index before the open on 23 September 2024. Index providers made this call, not the company; no company event is described.
30 Aug 2024annual report▼ BadMajor
FY24 results: revenue A$259.1m (down 61%) and profit after tax A$25.0m (down 90%), with A$25.95m attributable to owners. Only A$24m of dividends were paid, the September 2023 3c payment, and none was declared after year-end. NTA is 20.96c.
12 Aug 2024material agreement▲ GoodMajor
TerraCom signs a cooperation agreement with Shanghai-listed Wintime to develop the Moorlands thermal coal project, 14km from Blair Athol (378Mt resource, proposed 1.9Mtpa). Definitive documents are targeted by 31 December 2024, with first coal targeted in FY26. Subject to approvals.
31 July 2024quarterly activities report● NeutralMajor
June quarter: Blair Athol sold 408kt, with FY24 at 1.57Mt, below expectation. A US$20m customer prepayment enabled substantial repayment of the historic tax debt. No dividend is declared, though one may restart earlier if prices hold. Cash A$12.8m plus A$56.4m restricted.
3 July 2024production update▼ BadMajor
Blair Athol sold 408kt in the June quarter, finishing FY24 at 1.57Mt, short of the revised 1.7Mt guidance after a mid-June dragline breakdown. FY25 guidance is 1.8Mt.
