don't know - OMH had $46m in cash end of june and record production for june-sept, would they really need that extra $900k from TTY stock. maybe. time will tell.
euroz report is interesting valuing at 42 cps. means they don't see much upside without a capital injection to acquire a new asset = dilution. sell at 40 cents if we ever get there ?
as for processing low grade stockpiles. if they've done the accounting according to accounting principles any revenue they make from it will still need to meet the accumulated expense of digging, crushing, and processing. so while the price stays high it should pay, but it will be pretty marginal gear all the same. say its cost $60 to put it there on a stockpile and it sells as fines at say $90 it doesn't leave much margin to pick it up again, processes it, lose 30 or 40% in the recovery, and then send it to port and make a few $$$.
don't know - OMH had $46m in cash end of june and record...
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