Its rather obvious that investors don't realise that OMH has a 13% stake in Tshipi manganese mine. So Tshipi has raised the price of 36.5% Mn ore from US$3.95 to US$6.30/dmtu an increase of US$2.35 /dmtu
This gives Tshipi and extra profit of US$300 MILLION and OMH extra profit of US$40 million annually.
Column 1 0 Tshipi and South32 announce massive price increases for South African Mn ore
Tshipi via Jupiter Mines increased its price for 36.5% Mn manganese ore to $6.30 per dmtu, up from $3.95 in May. Meanwhile South32 raised its May price for 37% Mn ore from South Africa to $6.50 per dmtu, up $2.20 from May. South32 did not announced a price for its high-grade Mn ore from Gemco.
Ann: FY2023 Net Profit After Tax US$18.2 Million & App 4E, page-91
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Last
47.5¢ |
Change
0.015(3.26%) |
Mkt cap ! $363.9M | |||
| Open | High | Low | Value | Volume |
| 48.0¢ | 48.0¢ | 46.5¢ | $5.615K | 11.74K |
Buyers (Bids)
| No. | Vol. | Price($) |
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| 1 | 20000 | 46.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 47.5¢ | 4800 | 1 |
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| Last trade - 14.41pm 13/06/2024 (20 minute delay) ? |
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Last
46.5¢ |
Change
0.015 ( 2.11 %) |
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| Open | High | Low | Volume | ||
| 47.0¢ | 48.0¢ | 46.5¢ | 4446 | ||
| Last updated 12.33pm 13/06/2024 ? | |||||
| OMH (ASX) Chart |