SMR 2.94% $3.50 stanmore resources limited

SMR Capex to OCF, page-14

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    Yep it seems like a prime piece of ground. I had seen that and gone through the subsequent resource notes in the table. I remember Wards Well in general being mentioned in a BHP presentation as a lower return development project, although I think that was from 2019, so the lower price of coal and the comparative returns from iron ore may have seen it assessed as such. I'm really interested to see the sulphur and ash content, as these products will be more sought after by Indian buyers, whose own coking coals are generally high in those characteristics.
 
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