Half the profit comes from mining. Bootu Creek and Marketing associates (Tshipi).
Was the mine set to run out this year? I think the sinter plant was due to start Q2 2019. Im not sure 250kmt a year is going to replace the 95m profit generated by Bootu Creek.
The Group’s total borrowings increased marginally to A$512.9 million as at 31 December 2018 from A$510.7 million as at 31 December 2017.
My view is that they should have paid down debt instead of handing out dividends. Finance cost is 44m$. That is over 8%.
Ann: Press Release Record 2018 NPAT A$184.7 MILLION, page-3
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Last
44.5¢ |
Change
0.010(2.30%) |
Mkt cap ! $340.9M | |||
| Open | High | Low | Value | Volume |
| 42.5¢ | 44.5¢ | 42.3¢ | $30.94K | 71.98K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 8000 | 43.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 45.0¢ | 27183 | 2 |
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| Last trade - 15.31pm 09/07/2024 (20 minute delay) ? |
| OMH (ASX) Chart |