STANMORE RESOURCES LIMITED — Interim / Quarterly Report 2013

Jul 30, 2013

Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report

Rule 5.5

Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report

Introduced 01/07/96 Origin Appendix 8 Amended 01/07/97, 01/07/98, 30/09/01, 01/06/10, 17/12/10, 01/05/2013

Name of entity

Name of entity
Stanmore Coal Limited
ABN 27 131 920 968	Quarter ended (“current quarter”)
27 131 920 968	30 June 2013

Consolidated statement of cash flows

Cash flows related to operating activities 1.1 Receipts from product sales and related debtors(1) 1.2 Payments for (a) exploration & evaluation (b) development (c) production (d) administration 1.3 Dividends received 1.4 Interest and other items of a similar nature received 1.5 Interest and other costs of finance paid 1.6 Income taxes paid(2) 1.7 Other (provide details if material) Net Operating Cash Flows	Current quarter $A’000	Year to date (12months) $A’000
	- (1,637) (383) - (1,451) - 328 (83) 2,192 -	887 (6,655) (4,576) - (5,964) - 543 (330) 2,192 -
	(1,034)	(13,903)
Cash flows related to investing activities 1.8 Payment for purchases of: (a) prospects (b) equity investments (c) other fixed assets 1.9 Proceeds from sale of: (a) prospects (b) equity investments (c) other fixed assets 1.10 Loans to other entities(3) 1.11 Loans repaid by other entities 1.12 Other (provide details if material) Net investing cash flows 1.13 Total operating and investing cash flows (carried forward)	- - (1) (2,214) 75	(5,100) - (4) (3,146) 662
	(2,140)	(7,588)
	(3,174)	(21,491)

Note 1: Funds received relate to amounts received from NEDO (a subsidiary of the Japanese Government’s Ministry of Economy, Trade and Industry). Refer to 10 April 2012 ASX announcement.

Note 2: Research and development tax incentive payment received. Note 3: Payments to Wiggins Island Coal Terminal as part of the Company’s capacity commitment obligations for the Range Project

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report

1.13 Total operating and investing cash flows (brought forward)	(3,174)	(21,491)
Cash flows related to financing activities 1.14 Proceeds from issues of shares, options, etc. 1.15 Proceeds from sale of forfeited shares 1.16 Proceeds from borrowings 1.17 Repayment of borrowings 1.18 Dividends paid 1.19 Other (provide details if material) Net financing cash flows	- - - - - -	23,424 (17)
	-	23,407
Net increase (decrease) in cash held 1.20 Cash at beginning of quarter/year to date 1.21 Exchange rate adjustments to item 1.20 1.22 Cash at end ofquarter	(3,174) 29,034	1,916 23,944
	25,860	25,860

Payments to directors of the entity, associates of the directors, related entities of the entity and associates of the related entities

1.23 1.24	Aggregate amount of payments to the parties included in item 1.2 Aggregate amount of loans to the parties included in item 1.10	Current quarter $A'000
		196
1.25	Explanation necessaryfor an understandingof the transactions
	Director fees, salary paid to Managing Director and consulting fees payable to Director related entities.

Non-cash financing and investing activities

• 2.1 Details of financing and investing transactions which have had a material effect on consolidated assets and liabilities but did not involve cash flows No material non-cash transactions occurred during the quarter.

• 2.2 Details of outlays made by other entities to establish or increase their share in projects in which the reporting entity has an interest Nil.

• See chapter 19 for defined terms.

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Appendix 5B

Mining exploration entity and oil and gas exploration entity quarterly report

Financing facilities available

Add notes as necessary for an understanding of the position.

3.1 Loan facilities 3.2 Credit standby arrangements	Amount available $A’000	Amount used $A’000
	25,000	4,040
	-	-

Estimated cash outflows for next quarter

4.1 Exploration and evaluation 4.2 Development 4.3 Production 4.4 Administration	$A’000
	1,500
	200
	-
	1,200
Total	2,900

Reconciliation of cash

Reconciliation of cash at the end of the quarter (as shown in the consolidated statement of cash flows) to the related items in the accounts is as follows.	Current quarter $A’000	Previous quarter $A’000
5.1 Cash on hand and at bank 5.2 Deposits at call 5.3 Bank overdraft 5.4 Other (provide details)	2,360	5,034
	22,000	24,000
	1,500
Total: cash at end of quarter(item 1.22)	25,860	29,034

Note: Amounts shown at 5.4 relate to term deposits which cash-back an infrastructure guarantee in relation to Stanmore’s investment in Wiggins Island Coal Export Terminal Expansion Phase 1 (WEXP1).

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report

Changes in interests in mining tenements and petroleum tenements

Tenement reference and location Nature of interest (note (2)) Interest at beginning of quarter Interest at end of quarter 6.1 Interests in mining tenements and petroleum tenements relinquished, reduced or lapsed 6.2 Interests in mining tenements and petroleum tenements acquired or increased EPC 1186 Completed transfer of tenement pursuant to acquisition announced 30 October 2012 0% 100% Issued and quoted securities at end of current quarter Description includes rate of interest and any redemption or conversion rights together with prices and dates.	Tenement reference and location Nature of interest (note (2)) Interest at beginning of quarter Interest at end of quarter 6.1 Interests in mining tenements and petroleum tenements relinquished, reduced or lapsed 6.2 Interests in mining tenements and petroleum tenements acquired or increased EPC 1186 Completed transfer of tenement pursuant to acquisition announced 30 October 2012 0% 100% Issued and quoted securities at end of current quarter Description includes rate of interest and any redemption or conversion rights together with prices and dates.	Tenement reference and location Nature of interest (note (2)) Interest at beginning of quarter Interest at end of quarter 6.1 Interests in mining tenements and petroleum tenements relinquished, reduced or lapsed 6.2 Interests in mining tenements and petroleum tenements acquired or increased EPC 1186 Completed transfer of tenement pursuant to acquisition announced 30 October 2012 0% 100% Issued and quoted securities at end of current quarter Description includes rate of interest and any redemption or conversion rights together with prices and dates.	Tenement reference and location Nature of interest (note (2)) Interest at beginning of quarter Interest at end of quarter 6.1 Interests in mining tenements and petroleum tenements relinquished, reduced or lapsed 6.2 Interests in mining tenements and petroleum tenements acquired or increased EPC 1186 Completed transfer of tenement pursuant to acquisition announced 30 October 2012 0% 100% Issued and quoted securities at end of current quarter Description includes rate of interest and any redemption or conversion rights together with prices and dates.	Tenement reference and location Nature of interest (note (2)) Interest at beginning of quarter Interest at end of quarter 6.1 Interests in mining tenements and petroleum tenements relinquished, reduced or lapsed 6.2 Interests in mining tenements and petroleum tenements acquired or increased EPC 1186 Completed transfer of tenement pursuant to acquisition announced 30 October 2012 0% 100% Issued and quoted securities at end of current quarter Description includes rate of interest and any redemption or conversion rights together with prices and dates.
	Total number	Number quoted	Issue price per security (see note3) (cents)	Amount paid up per security (see note3) (cents)
7.1 Preference +securities (description) 7.2 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital, buy- backs, redemptions
7.3 +Ordinary securities 7.4 Changes during quarter (a) Increases through issues (b) Decreases through returns of capital, buy- backs	208,419,252	208,419,252
7.5 +Convertible debt securities (description)	13,373,377	13,373,377	67.5	67.5

• See chapter 19 for defined terms.

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Mining exploration entity and oil and gas exploration entity quarterly report

Appendix 5B

7.6 Changes during quarter (a) Increases through issues (b) Decreases through securities matured, converted
7.7 Options (description and conversion factor) 7.8 Issued during quarter 7.9 Exercised during quarter 7.10 Expired / cancelled during quarter	3,500,000 525,000 100,000 100,000 100,000 1,216,000 500,000 500,000 500,000 500,000 400,000 400,000 400,000 450,000 450,000 450,000 450,000 11,670,000 75,000	- - - - - - - - - - - - - - - - - - -	Exercise price $0.193 $0.153 $0.733 $0.873 $1.093 $0.480 $1.75 $2.00 $2.25 $2.50 $1.75 $2.00 $2.25 $1.75 $2.00 $2.25 $2.50 $0.518 $0.25	Expiry date 31/12/13 16/01/14 31/12/13 31/12/13 31/12/13 30/06/14 31/12/15 31/12/15 31/12/15 31/12/15 31/12/15 31/12/15 31/12/15 31/3/16 31/3/16 31/3/16 31/3/16 27/06/15 2/4/15
	75,000		$0.25	2/4/15
	-	-	-	-
	140,000 75,000 75,000 75,000		$0.48 $1.44 $1.68 $1.80	30/6/14 30/3/15 30/3/15 30/3/15
7.11 Performance Rights (description and conversion factor) 7.12 Issued during quarter 7.13 Exercised during quarter 7.14 Expired / cancelled during quarter	2,350,000	-	 50% vest upon grant of the Range Project Mining Lease  50% vest upon achieving full production at the Range Project	30/6/2017
	-	-	-	-
	-	-	-	-
	-	-	-	-
7.15 Debentures (totals only)

• See chapter 19 for defined terms.

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Appendix 5B Mining exploration entity and oil and gas exploration entity quarterly report

7.16 Unsecured notes (totals only)

Compliance statement

• 1 This statement has been prepared under accounting policies which comply with accounting standards as defined in the Corporations Act or other standards acceptable to ASX (see note 5).

• 2 This statement does give a true and fair view of the matters disclosed.

31/7/2013 .......................... Date: ............................

On Behalf of the Board Doug McAlpine Joint Company Secretary

Notes

• 1 The quarterly report provides a basis for informing the market how the entity’s activities have been financed for the past quarter and the effect on its cash position. An entity wanting to disclose additional information is encouraged to do so, in a note or notes attached to this report.

• 2 The “Nature of interest” (items 6.1 and 6.2) includes options in respect of interests in mining tenements and petroleum tenements acquired, exercised or lapsed during the reporting period. If the entity is involved in a joint venture agreement and there are conditions precedent which will change its percentage interest in a mining tenement or petroleum tenement, it should disclose the change of percentage interest and conditions precedent in the list required for items 6.1 and 6.2.

• 3 Issued and quoted securities The issue price and amount paid up is not required in items 7.1 and 7.3 for fully paid securities .

• 4 The definitions in, and provisions of, AASB 6: Exploration for and Evaluation of Mineral Resources and AASB 107: Statement of Cash Flows apply to this report.

• 5 Accounting Standards ASX will accept, for example, the use of International Financial Reporting Standards for foreign entities. If the standards used do not address a topic, the Australian standard on that topic (if any) must be complied with.

== == == == ==

• See chapter 19 for defined terms.

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