Horst,The statement by the company was that the prepayment debt...

Horst,

The statement by the company was that the prepayment debt ($A11.7) is paid off in May. The core debt ($A41 million) won't be paid off until we have another six months of profits (at the current prices). The good news is that the company should be getting another 10% for the iron ore with the drop in the $A - the bad news - the core debt is expressed in $US.

And OMH still has another 7% of the company to offload.

I can't see any decent SP rises until the company shows a quarter or two of decent profits - it simply has not done this and there is always an explanation/excuse. However there does not seem to be any reason why this quarter is other than their best yet - here's touching wood.