The manganese market is controlled/managed by some jealous players protecting their long term interests....OMH is having a each way bet by buying a blocking stake to a real takeover and putting itself in the box seat to eventually develop the deposit. Or there is some concern on their existing deposit.
IMHO their is no probs with Spitfire very small deposit....the one to watch is ARM who have commenced works in WA and is likely to dwarf all other deposits both in grade,and size.....first indications of this should come next week. Dont take that as a negative to SRR,but I am a little disappointing when the first announce they had DSO and now they refer to the need for benefication.
SRR Price at posting:
19.5¢ Sentiment: Hold Disclosure: Held
