Dividend Reinvestment Plan
Subject to approval by the shareholders at the 2018 AGM, Stanmore Coal will commence a Dividend Reinvestment Plan (DRP). The DRP provides a convenient way for shareholders to invest their dividends in new fully paid shares in Stanmore Coal, without paying brokerage and other associated costs.
Presentation FY2018 Full Year Results
Highlights: initial stages of the strategy successfully executed leading to strong results and a maiden dividend
Maiden dividend declared
The Board of Stanmore Coal has resolved to declare an unfranked dividend of $0.02 per share for the financial year ending 30 June 2018.
Strong results & Maiden Dividend
Following release of Stanmore Coal’s FY2018 annual results and based on strong operational performance, the Board of Stanmore Coal has resolved to declare an unfranked dividend of $0.02 per share for the financial year ending 30 June 2018.
Opencut Coal Reserves Update - Isaac Plains Complex
Stanmore Coal is pleased to announce that the Coal Reserves for the Isaac Plains Complex have been updated in August 2018, in line with new business planning cycle reporting practices adopted by the Company.
2018 Annual Coal Resources & Reserves Summary
Stanmore Coal has adopted a robust business planning cycle that incorporates strategy development, Life of Mine (LOM) planning processes, annual business risk assessments, and annual budget planning and forecasting.
Completion of Wotonga South Coking Coal Acquisition
Stanmore Coal is pleased to announce that it has completed the acquisition of MDL1371 and EPC7282 (Wotonga South) from Millennium Coal Pty Ltd (Peabody Australia). Stanmore Coal will rename the development project as the “Isaac Downs Project” and will develop the coal resource area as a satellite pit for the Isaac Plains Complex (IPC).