Stanmore Resources Limited (STMRF) Discusses Operational Performance and Production Guidance Update in Quarterly Activities Report Transcript

Core Insights - The company reported an industry-leading safety performance with a 12-month Serious Accident Frequency Rate maintained at 0 [2] - Operational performance for the quarter was broadly in line with expectations, with a strong increase in ROM production run rate due to significant progress in waste removal and pit preparation [3] - A slight revision to full year saleable production guidance was made, maintaining the lower end of consolidated guidance while narrowing the upper end due to lower expected output from the Isaac Plains Complex [4] Operational Performance - The quarter showed a strong pickup in saleable production quarter-on-quarter, positioning the business well for a strong fourth quarter [3] - The Isaac Plains Complex faced challenges due to adverse weather in the first half, leading to a bottlenecked CHPP in the fourth quarter [4]