That $6bn TenderBook..., page-108

So in case anyone else managed to be avoid putting one and one into togetherness in terms of NRW Holdings and Stanmore Coal both being public companies here’s the big reveal :
Code SMR....
(a very quiet HC forum it has, bar chartist who seems to have been telling it like it is/was)

There is more togetherness than that as during the three years since Stanmore bought the mine it’s been partners with Golding in mine operations .
NB “Partner “ is Golding’s own word .

Another interesting story on that company from June

https://smallcaps.com.au/stanmore-coal-coking-wotonga-south-project-queensland/

Very interesting relationship potential indeed if the partnership should happen to be effective, loyal, and ..even better monogamous .

Here are some snippets from the story :

“Current reserves support over 12 years of open cut mining at a planned mining rate of 1.2 million tonnes per year of product coal”
...
“Stanmore also has a joint venture with Bowen Coking Coal within the same basin, where the two companies are advancing the Lilyvale and Mackenzie projects.
The acquired tenements are expected to become part of Stanmore Coal’s new Isaac Plains South Project which is to be developed south of the existing Isaac Plains Complex.
The new tenements will be amalgamated with Stanmore’s EPC755 tenement which holds significant potential for coal resources additional to Wotonga South, the company said”
...
...
“This represents the culmination of the work completed over the last three years to assemble a long-life resource base for the company. With the acquisition and permitting of Isaac Plains East and now the acquisition of Wotonga South, Stanmore can cement its ‘capital light’ approach utilising our regional advantage and infrastructure,” said Dan Clifford, managing director of Stanmore Coal.
Mr Clifford added that, “with this significant step taken, and the bankable feasibility study underway for the Isaac Plains Underground, the company has a clear pathway for the full utilization of the circa $350 million replacement value infrastructure at Isaac Plains acquired by the company in 2015 and supports a significant improvement in EBITDA and cash flow from operations for the company over the next 15-year period.”


This is a very important operation for SMR and I just got so excited reading about it I put in micro ‘love’ buy for its partner’s the closing auction ...