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Once in full operation, the mine will have a production capacity of 2.8 million tonnes per annum.

Paringa raises $30m

Shares in the Ian Middlemas-led Paringa Resources fell sharply today after the company completed a $30.2 million capital raising at a heavily discounted price of 22 cents per share, with the proceeds to fund construction of its Poplar Grove coal mine located in the US.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 28/09/18

1 year TSR5 year TSR
81stAntilles Oil and Gas100%-46%
513thAusgold-14%3%
669thParinga Resources-40%0%
748thPacific Bauxite-56%-11%
739 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

30/06/18
$0 Other
30/06/18
$0 Other
19/06/18
$150k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

266th↓Pacific Bauxite$77k
267th↑Paringa Resources$76k
269th↑Ausgold$74k
270th↑Antilles Oil and Gas$74k
510 listed resources companies ranked by revenue.
Source: Morningstar

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