I'm not sure there is much that management could do..but...

I'm not sure there is much that management could do..but hard to operate without staff.. bit hard to build anything without labour and expertise...unfortunately during a time prices were high...2020 coronavirus ...china shut down...no travel....slow China start up ....Russia Ukraine hits the scene ...logistics a nightmare... inflation ... interest rates lack of consumption .... China steel output low .... inventories high... bad smelters die... interest rates go down... commodities back up....more output more drawdown on inventory converting the 292millUS inventory into profit 15% would easily deal with our debt...I asked the question whether they can utilise this inventory with existing smelters and the answer was yes planned to in the next 4-5years....now this price could remain at this level for longer ..:.our extra smelting tonnes should cover debt and 24mill US from China smelter sale due to come in... OMH also own a 12.5% of a 100 y life of mine manganese mine one of the biggest deposits in the world valued at 100mAUS. This company in the long term should pump out 100millUS net profit a year when debt dealt with and median price base.....although more debt will come with expansion which will be pushed down the road in current climate...feeling the frustration but there are some things you just can't control!

Anyone have any theories on the Russian smelters sale impact???