OMH 0.56% 45.0¢ om holdings limited

Ann: 31 March 2019 Quarterly Market Update, page-56

  1. 12,083 Posts.
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    Who knows what OMH Management plan to do. Frankly I think they were foolish not picking up the old Horeshoe South Mine and surrounding tenaments a couple of years ago before BYH picked them up.
    I hope they have their eye on the ball with the old Shaw River Resources Mn ore tenaments, OMH once held a 12% stake in SRR until it collapsed into administration, it was going to be resurrected under Rolek Resources RLK but they couldn't raise the money to relist. ( Just recently)
    Whilst not high grade it would suit OMH especially having the plant available in a couple of years time.
    Some old drill results.

    • 27m at 20.3% manganese from 37m (BRC 290), including 10m at 31% manganese from 37m and 6m at 28.8% manganese from 67m
    • 18m at 21.4% manganese from 73m (BRC 241), including 3m at 36.1% from 86m
    • 8m at 22.4% manganese from 34m (BRC 169), including 2m at 36.2% from 36m
    • 7m at 22.3% manganese from 37m (BRC 332), including 1m at 29.3% manganese from 40m
    • 10m at 19.3% manganese from 91m (BRC 266), including 2m at 35.3% from 93m
    • 10m at 19.4% manganese from 10m (BRC 318), including 6m at 23.6% from 12m
    Hopefully they aren't asleep at wheel again.
 
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