Ann: MEDIA RELEASE H1 2022 NPAT USD60 Million UP 231%, page-147

Yes still buying. Nearly 5 million shares only 100,000 shares to go.
If you read the reports you'd know that OMH now reports only in US$ as all their business and accounts are in US$.
Debt decreased from US$296.8 million in Dec 2021 to US$261.7 million in June so a paid off US$35.1 million in 6 months.

"

• Total borrowings decreased from US$296.8 million as at 31 December 2021 to US$261.7 million as at 30 June 2022 which included repayments against the Sarawak Project Finance loans of approximately US$12.9 million in 1H 2022, and lower utilisation of trade financing facilities as at 30 June 2022. As a result, total borrowings to equity ratio decreased from 67 times as at 31 December 2021 to 0.54 times as at 30 June 2022.

If you read the reports you'd know that

• Net cash generated from operating activities of US$72.1 million for 1H 2022

Consolidated cash position increased to US$82.8 million as at 30 June 2022

If you read the reports you'd know that OMH is buying out CMSB 25% share and yes they'll need to borrow some more to complete the purchase. However the earnings will be 25% more going forward. OM Sarawak will be one of the most profitable smelters in the world going forward with power costs at US$0.035/kWh.