2026 Half Year Financial Results Investor Presentation

Key points

• Steady year-on-year saleable production despite wet weather
• Strong operational cost and productivity improvements
• Refinancing strengthens balance sheet and reduces debt costs

Full summary

Stanmore Resources Ltd. reported its half-year financial results for 2026, highlighting steady year-on-year saleable production supported by strong recovery from early wet weather. Operational cost and productivity improvements mitigated the impact of lower Isaac Plains Complex volumes and wet weather. FOB cash costs were impacted by foreign exchange movements and inflation, but higher sales pricing due to supply constraints and the Shanxi coal accident helped maintain profitability. Net operating cash flows remained positive, and the company's balance sheet was strengthened through refinancing, reducing interest rates and extending debt maturity.

Guidance

Full-year saleable production tracking within Guidance, FOB Cash Costs at midpoint of revised Guidance

Outlook

Stanmore reaffirms full-year guidance, expecting operational resilience to support full-year saleable production towards the top end of Guidance.