I cannot easily determine the $ investment in Quinzhou or its impact on the financial results - though i am sure they are minimal given the lethagy in the metals market and China's Covid restrictions. I do recollect that Quinzhou was closed in 2022 because of the high costs of energy and I htink that still exists, so maybe the $25m USD is a blessing in disguise. The company seemed to regard Quinzhou as a souce of information rather than a serious smelting operation & their trading operations still operate there. Better they focus on Sarawak and getting those two FeSi smelters working.
Ann: Sale of 90% Interest in OM Materials (Qinzhou) Co Ltd, page-5
-
- There are more pages in this discussion • 15 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add OMH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
44.5¢ |
Change
-0.005(1.11%) |
Mkt cap ! $340.9M | |||
| Open | High | Low | Value | Volume |
| 46.0¢ | 46.0¢ | 44.3¢ | $62.12K | 138.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 26523 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 14240 | 1 |
View Market Depth
| Last trade - 15.59pm 26/06/2024 (20 minute delay) ? |
| OMH (ASX) Chart |