Australian Pacific Coal Ltd Quarterly Activities Report
Key points
- Continued monitoring of Dartbrook Mine financing arrangements
- Sale of Mantuan Downs Bentonite Project to Terrequip Miles
- Engagement with ASX for securities reinstatement
- $0.69 million available cash at quarter end
Full summary
Australian Pacific Coal Ltd (AQC) has reported on its activities for the quarter ended 30 June 2026, focusing on the Dartbrook Mine and its financing issues. The company continues to assess its options regarding the Dartbrook Mine and its secured creditors. AQC has also sold its Mantuan Downs Bentonite Project to Terrequip Miles for $0.6 million, which will provide financial flexibility. The company has $0.69 million in cash and has engaged with the ASX for the reinstatement of its securities. The company's financial position and activities are detailed in the report, including cash flows and financing facilities.
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