STTCOMP RRP, FA LONG (first attempt):) Last price- 0.041...

  1. 481 Posts.
    STTCOMP RRP, FA LONG (first attempt)
    Last price- 0.041 (suspended)
    52 week high- 0.045
    52 week low- 0.001
    MC-$97m

    {caption}Substantial Shareholder List at 30/03/2016{/caption}
    1 Shareholder Name Share Holding Shares Held (%)
    2 Taurus Funds Management Pty Limited 2,070,648,401 87.80

    30/08/2016 - RRP acquired 70% of the Foxleigh mine operation in the Bowen Basin coalfield. The mine produces high quality low-volatile pulverised coal injection (PCI) coal. At the time of purchase PCI coal price was US$75/t. For the next quarter it is US$180/t.
    Foxleigh has a diversified base of longstanding customers in key export markets including South Korea, China, Taiwan and Japan.

    13/09/2016 - RRP requested for a voluntary suspension.
    the reason for the voluntary suspension is to allow RRP to finalise discussions with ASX in
    respect of the application of Chapter 11 of the ASX Listing Rules in connection with the
    Foxleigh Transaction, as notified by RRP on 30 August 2016.


    20/12/2016 - RRP released the JORC

    It has been in suspended since September but is due to be relisted very soon.
    3rd  QUARTERLY   September2016  US$75/t
    4th  QUARTERLY   October2016  US$133/t
    1st  QUARTERLY   December2016  US$180/t

    For having a full operational mine and in demand of their coal at 0.041c is a steal IMO especially when you have companies still doing exploration drilling and their SP is about 0.08c.

    They also have another project in Indonesia.
    The company has diversified into the Australasian coal sector, with the acquisition of 51% of the Kantingan Ria coal project in Central Kalimantan, Indonesia marking Realm’s first entry point.
    Kantingan Ria Project, Indonesia

    Column 1
    0 SUMMARY
    • JORC compliant resource of 89Mt (6Mt Measured, 44Mt Indicated, 39 Mt Inferred)
    • Low strip ratio ~ 2:1 – 3:1 initially
    • Thermal coal ~4,200kcal/kg (GAR) low ash, low sulphur
    • Coal planned for sale "unwashed", meaning no metallurgical treatment required
    • Fastest growing Indonesian export coal type - ideal for Chinese and Indian markets
    • Highly regarded Indonesian partner
    • Clear first mover advantage
    • Exploration, Environmental and Operation Production permits in place
    • Final Pinjam Pakai Permit ("Borrow to use permit") in progress
    • Low operating costs - indicative total FOB costs ~ USD41 per tonne
    • Near term operation - planned 2.5Mt open cut
    • Excellent growth potential to expand to 3-6Mtpa
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