Not sure how to feel about this. Nice that they're communicating, and two shipments in the quarter is something. However the update does make it seem that they're only just now starting to introduce possible solutions to the productivity problems they've been grappling with for a year. Also clear from what is not mentioned that (a) they're not approaching nameplate and (b) there has been no improvement in grade.
Would been keen to hear thoughts from those with expertise about the stacker and the screen - both on the merits of the solution and how long it will take to implement and see improvements @PirataCzornomaz @Lockyg101 @Christos12
Kudos for the transparency in explaining that higher prices are the product of market factors not increased grade. The fact they're only now realising higher prices suggests (as someone speculated) that maybe the contract pricing mechanism means price increases in the broader market are not immediately reflected in what OMH pays. That would go some way to explaining to very low prices achieved so far.
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