Basically I think OMH is a more defensive business than JMS because it is a 'toll mill' operation basically, has less exposure to manganese prices, probably a tad more expensive (yes they make similar EBITDA/NPAT/whatever, but we've ignored the capex in this calculation). That said, from a purely mining perspective, JMS's mine is obviously more defensive than OMH because it is on a lower position on the cost curve. From a pure cashflow perspective, JMS looks cheaper at higher manganese prices
IPO - Jupiter Mines Limited, page-154
Add JMS (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
16.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $323.4M | |||
| Open | High | Low | Value | Volume |
| 16.5¢ | 17.0¢ | 16.5¢ | $44.49K | 269.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 344034 | 16.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 824747 | 27 |
View Market Depth
| Last trade - 11.02am 04/10/2024 (20 minute delay) ? |
| JMS (ASX) Chart |