"Eramet plans to produce up 7.7-million mt of high-grade manganese ore in 2024, up to 6.6-million mt last year. For every dollar the manganese ore price goes up there will be a positive €255-million impact on adjusted EBITDA; the current spot price is $1.80 per dmtu higher than the first quarter of 2024."
When comparing for OMH, if the current spot price is higher at US$1.80/dmtu for Tshipi Mn ore which is slightly lower grade, this would result in an extra profit of US$233 million on 3.5 million tonnes. OMH share is US$30 million more profit
"Eramet plans to produce up 7.7-million mt of high-grade...
Add OMH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
51.0¢ |
Change
-0.010(1.92%) |
Mkt cap ! $390.7M | |||
| Open | High | Low | Value | Volume |
| 52.0¢ | 52.5¢ | 51.0¢ | $56.40K | 108.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 15130 | 51.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 20000 | 2 |
View Market Depth
| Last trade - 16.10pm 20/05/2024 (20 minute delay) ? |
|
|||||
|
Last
52.0¢ |
Change
-0.010 ( 0.97 %) |
||||
| Open | High | Low | Volume | ||
| 53.0¢ | 53.0¢ | 52.0¢ | 4425 | ||
| Last updated 12.13pm 20/05/2024 ? | |||||
| OMH (ASX) Chart |