Stanmore Resources Limited (ASX:SMR) agreed to acquire 50% stake in Eagle Downs Metallurgical Coal Joint Venture Project from Aquila Coal Proprietary Limited for $35 million on April 5, 2024. The transaction is subject to Foreign Investment Review Board approval, Chinese regulatory approval and certain third-party consents and is expected to close 2H 2024. Mccullough Robertson Lawyers acted as legal advisor, Grant Samuel Group Limited acted as financial advisor to Stanmore Resources Limited.
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
3.25 AUD | +1.25% | 0.00% | -18.95% |
08/05 | Pembroke Resources' Olive Downs Reportedly Stake Eyeing $1 Billion Valuation | CI |
23/04 | Stanmore Resources Produces Almost Five Million Tonnes of Coal in Q1 | MT |
EPS Revisions
Quarterly revenue - Rate of surprise
1st Jan change | Capi. | |
---|---|---|
-18.95% | 1.91B | |
+36.45% | 108B | |
-5.03% | 39.28B | |
+19.48% | 33.45B | |
+19.52% | 32.75B | |
+32.35% | 22.21B | |
+24.65% | 19.97B | |
+4.38% | 9.43B | |
+11.44% | 8.67B | |
+18.94% | 7.34B |
- Stock Market
- Equities
- SMR Stock
- News Stanmore Resources Limited
- Stanmore Resources Limited agreed to acquire 50% stake in Eagle Downs Metallurgical Coal Joint Venture Project from Aquila Coal Proprietary Limited for $35 million.