I received this by email from SMR this morning. I'm surprised it wasn't in ASX anns.
Stanmore Coal in the media
With the recent upwards change in coking coal prices there has been some positive press coverage, the highlights of which are provided below:
ABC News - The Business - 13 October 2016
Comments from MD, Nick Jorss.
Click here to view video
ABC News - 12 October 2016
Small miners hit the jackpot as China slashes production
"We started it up in February this year and we've been shipping coal up to steel mills in Asia ever since about May," said Nick Jorss, managing director of Stanmore Coal.
"I can't say we predicted the speed at which the price would rebound, but we knew the fundamentals were good."
Click here to view the full article
Financial Review - 11 October 2016
Coal price doubling in three months could deliver $25b economic boost
An open-cut coal mine in Queensland shut down by Brazilian miner Vale two years ago is now thriving under a new owner, Stanmore Coal.
Click here to view the full article
The Australian Mining Review - 1 October 2016
Bargain buy pays dividends
"We are very happy with the progress at Isaac Plains. We have contracted with a number of tip-tier Asian steel mills for all of our coking coal and we are initially targeting production of around 1.1 million tonnes per annum in FY17," Mr Jorss said.
Click here to view the full article
Bloomberg - 30 September 2016
$1 Coal Mines Become Jackpots After Prices Surge
"It seems like we did get our timing right in this instance," Stanmore Chief Executive Officer Nick Jorss said in a phone interview from Sydney. "When we bought Isaac Plains, hard coking coal was in the $70s. We’ve had pretty substantial movement since then."
Click here to view the full article
The Australian - 8 September 2016
Coking coal the real thing for Stanmore, Whitehaven
The ad slogan was right: things do go better with coke … coking coal.
Click here to view the full article
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I received this by email from SMR this morning. I'm surprised it...
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