OMH - Strong Sell, page-29

Hey Bene449

Try any route to get out of a desperate situation, no matter how unlikely it is to succeed.Does this quote sound familiar ?

'Clutch at straws'

In other words is this the best you can come up with ? , as I keep telling you and your puppet rocket , I’m not on this forum to discuss other High Grade Manganese stocks , I’m more interested in the low grade ore which OM Holdings are trying to repay there massive growing debt with,you see the problem with having a low grade product in a fast falling market is ...related to many any reasons but to mention a few below...

Reason #1

Targeting the wrong market.(Example no demand for low grade ore, opposed to high demand for high grade ore)

Reason #2

Incorrect Pricing. (Example OM Holdings pricing unappealing to current low grade market)

Lower grade ore prices tumble under pressure from falling alloy prices in ChinaIn China, the falling alloy market weighed on manganese ore prices, especially for lower-grade material.

Reason #3

Weak Management Team and Internal Capabilities ( No Example required, I think you can work out the issues with current management struggles yourselves)

Reason #4

Prolonged Development or Delayed Market Entry (Example Joint Venture with regards to Bryah Resources’ manganese assets in the Bryah Basin).Also to add further damage, weaker profits expected from OM Sarawak are due to the depressed manganese and ferrosilicon prices, which will more than offset the improved contributions from CMSB's cement and construction materials business.

Finally... OM is running out of stuff to mine in Bootu Creek. Mine life is ending in 2021...

The future is looking genuinely bleak for OM Holdings, hence why the majority of brokers believe this is currently a strong sell.

As I’m on Rockets ignore list, I would appreciate if you could share this with him...

Thanks pal

DYOR

Just Saying!!!