Past year: ▼ 21%(6.30c – 9.98c AUD)
Each one in plain English, with the numbers worked through for a shareholder.
17 Nov 2025production update▼ BadMajor
Rail and supply chain constraints will delay Blair Athol coal reaching Dalrymple Bay in the December 2025 quarter, cutting expected revenue and cash receipts. The company flags short-term working capital and cashflow strain, and is seeking more shipment prepayments and assessing funding options.
30 Oct 2025other● Neutral
2025 Corporate Governance Statement, assessing practices against ASX governance recommendations. Board is five directors, one executive and three independent non-executives. Compliance document with no new business information.
30 Oct 2025quarterly activities report▼ Bad
September quarter: Blair Athol sold 440kt at A$121.9/t, down 5% on the prior quarter. Cash was A$4.95m plus A$58.2m restricted, though A$7.7m of rehabilitation bonding was cut and A$3.9m returned. No dividend declared.
30 Oct 2025annual report● Neutral
2025 Annual Report lodged, containing the audited accounts already released on 30 September (loss A$43.4m). The chairman's letter notes the Moorlands infrastructure access deed and says safety performance fell short of expectations.
30 Oct 2025other● Neutral
Appendix 4G, the checklist pointing to where the corporate governance disclosures are found. Administrative filing with no substantive new information.
24 Oct 2025agm notice● Neutral
Notice of the 2025 Annual General Meeting, to be held at 10:30am on 27 November 2025 in Sydney. Administrative notice with proxy form; no new business information in the visible text.
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.
31 July 2025quarterly activities report▼ Bad
June quarter: Blair Athol sold 498kt at A$128.01/t, down from A$165.4/t, for 1.54Mt in FY25, in line with guidance. No dividend declared. Cash A$12.7m plus A$58.2m restricted. Moorlands is progressing with Wintime.
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.
30 Apr 2025quarterly activities report● Neutral
March quarter: Blair Athol sold 321kt at A$165.4/t, with FY25 guidance about 1.6Mt. No dividend declared. Cash fell to A$3.3m plus A$61.3m restricted; a US$20m customer prepayment in April finalised and the historic tax debt is fully eliminated.
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.
31 Jan 2025quarterly activities report● Neutral
December quarter: Blair Athol sold 314kt at A$162.4/t, up from A$149.5/t, as rain delayed a ship that sailed 1 January. Cash A$15.4m plus A$61.3m restricted. Company says it is focused on Moorlands and a potential South Africa divestment.
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.
21 Nov 2024agm notice▲ Good
AGM results: the remuneration report passed with about 81.5% in favour, so no second strike. Glen Lewis and Mark Ludski were re-elected. The constitution replacement and conditional spill resolutions were withdrawn.
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.
