STMRF - Stanmore Resources Limited (STMRF) Q4 2023 Earnings Call Transcript
2024-01-23 01:20:21 ET
Stanmore Resources Limited (STMRF)
Q3 2023 Earnings Conference Call
January 22, 2024, 07:00 PM ET
Company Participants
Marcelo Matos - CEO
Shane Young - CFO
Conference Call Participants
Jim Xu - Barrenjoey
Brett McKay - Petra Capital
Jon Ogden - Eastern Value Limited
Presentation
Operator
Thank you for standing by, and welcome to the Stanmore Resources Limited Fourth Quarter Activities Report hosted by Director and Chief Executive Officer, Marcelo Matos; and Chief Financial Officer, Shane Young. [Operator Instructions]
I would now like to hand the conference over to Mr. Matos. Please go ahead.
Marcelo Matos
Thank you. Good morning, everyone, and thank you again for joining us on the call today to discuss this time that the fourth quarter activities report for '23 that we just released this morning.
As usual, I will start with a summation of the release before inviting everyone for the opportunity for Q&A. Starting with safety as usual, we maintain a good record compared to industry averages. However, we are disappointed to report four recordable injuries and a serious accident during the fourth quarter. This accident was related to a totally avoidable leg fracture, whilst one of our contractors was disembarking from a dozer.
This obviously led to a thorough investigation and audit of all our equipment compliance to try to avoid such incidents in the future. We remain focused on maintaining our good safety record and we are now focusing our safety program on leading initiatives and also pivoting our reporting focus from the TRIFR, which is the total recordable injury frequency rates, to the Serious Accident Frequency Rates in line also with the Queensland Government regulators to ensure that we do whatever it takes to prevent those serious accidents from reoccurring....
Stanmore Resources Limited (STMRF) Q4 2023 Earnings Call Transcript