Interesting info from the OMHoldings quarterly report I note...

Interesting info from the OMHoldings quarterly report

I note their share price that was stuck in a rut at 30c for ages has increased to $1.00

They have smelters and receive dividends (so have other forms of income etc) but I think you'll find they're making money from their Bootu Creek Mn mining operations in Australia as well ?

This is despite the fact they are shipping 28% grade Mn ore and have to truck it over 1,000 km to port

The reason I think they are starting to make more money (and the relevance to E25 and Butcherbird) is where they point out in their quarterly:

"Price of 44% ore closed at US$5.32/dmtu CIF China at the end of March 2021, a sharp increase from $4.21 CIF China at the end of December 2020 due to stronger demand"

A 26% increase?

If E25 start collecting revenues based on these prices then their entry into production looks like it has been very well timed

They've hinted at first shipment in May and I'd be surprised if first sales of product isn't announced as early as next week

Bring on Monday