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Stanmore Resources Limited (ASX:SMR)

ALERT: Price-sensitive ASX Announcement for SMR
Current share price for SMR : $2.660 0.42 (18.75%)+
Announcement
Release
21 Oct 2025 8:32AM
Price at Release
$2.240
Full Release
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Summary
Stanmore Resources Limited's September 2025 Quarterly Activities Report highlights a strong operational and financial performance despite market challenges. The company reported an increase in ROM coal production to 5.3 million tonnes and saleable production of 3.6 million tonnes, marking significant growth from the previous quarter. The South Walker Creek and Poitrel mines achieved record production levels. Safety performance remained excellent with a Serious Accident Frequency Rate of zero. Financially, the company reduced its net debt to USD 90 million and maintained liquidity of USD 420 million. Despite reduced output from the Isaac Plains Complex, the overall guidance for saleable production was adjusted upwards, reflecting stronger performance expectations at Poitrel. The company continued exploration and development projects with substantial investments, indicating a robust outlook for the coming quarters.
Key Points
  • Continued safety discipline with zero serious accidents.
  • ROM coal production increased to 5.3 million tonnes.
  • Saleable production reached 3.6 million tonnes, up 14% from the previous quarter.
  • Record production levels at South Walker Creek and Poitrel mines.
  • Net debt reduced to USD 90 million with total liquidity at USD 420 million.
  • Guidance for saleable production adjusted upwards due to strong Poitrel performance.
  • Ongoing development and exploration activities with significant investments.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.