OMH 2.67% 38.5¢ om holdings limited

OMH should fast track the resumption of the UFP. "Production...

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  1. 12,234 Posts.
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    OMH should fast track the resumption of the UFP.
    "Production restart for the UFP is targeted to commence in Q4 2024."
    OMH has been pathetic in their rectification work of the UFP, obviously with low Mn ore prices there hasn't been any urgency with getting the operation working again.
    However the UFP rectification has been dragging on for years. Its about time OMH gets the operation working again.
    "The rectifications are expected to take approximately 12 months to complete due to the long
    lead times required for the fabrication and delivery of the screens to the Mine."

    Maybe the increase in Mn ore prices will get some attention, and put some pressure on getting the UFP operational again.
 
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