BUY : Stanmore Coal Limited (SMR) - Entering a period of strong growth | Share Price: A$0.64 / Target Price: A$1.00
[Petra Capital | 30 Jan 2018]
SMR has reported a weaker DecQ result due to a planned shutdown of the dragline, difficult mining conditions & management of stockpiles. Despite this, good cost control has ensured 1H FY18 EBITDA guidance remains unchanged at A$17-20m (Petra $17.6m). More importantly, . . . READ MORE
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