Manganese prices keep rising, OMH profit UP

OMH's profit this year will be greater than its market cap of $70 million.  Doesn't anybody realise this?

	Column 1
0	S. African Mn Ore Price for China as July Shipment Continues Rising
1	= 2 companies of UMK and OM raise price =
2	As to South African manganese ore meant for China as July shipment, UMK raised the offer price of lump ore with Mn being 37% to US$5.15 per 1% of Mn per dmtu (up by US$0.40 from the prior month) and OM Holdings did the offer price of lump ore with Mn being 36% to US$5.10 per dmtu (up by US$0.65 ditto) respectively.Albeit the port stock of imported manganese ore in China maintained a high level of around 3.1 million tons in the middle of May, there are many factors for a price hike such as (1) The price of metallic manganese is rising, (2) Many of the manganese mines in Guizhou suspended operation so as to avoid an inspection by the Ministry of Environmental Protection (MEP), (3) As this inspection will continue until May 24, the supply is anticipated to continue to be tight also in the latter half of May and (4) Import and export trading firms are raising the retail price for domestic consumption, and overseas manganese mine companies also began to move toward raising the sales price meant for China.As for the price of manganese ore meant for China, South32 offered Australian lump ore with Mn being 46% (GEMCO grade) as June shipment at a raised price of US$ 5.72 - US$5.75 per dmtu in early May (up by US$0.22 - US$0.25 from the prior month), and Eramet Comilog offered **onese lump ore with Mn being 45% as June shipment at a raised price of US$5.90 per dmtu (up by US$0.70 ditto) and fine ore with Mn being 43% at a raised price of US$5.65 per dmtu (up by US$0.70 ditto).