OMH - Strong Sell, page-92

I think investors are starting to realise that OMH is doing rather better than most think. The 1/2 year Mn ore production was 377,740 tonnes up on June 2018 (312,029 tonnes) . Judging from the S32 report the sales price is similar down a little in US$ terms but up in AUD$.
My expectation is a Mn sales revenue of AUD$106 million and a profit of $43.5 million up from last year of $37 million. The alloy sales revenue will be down due to lower sales pricing/tonne but the sales volume is much the same.
1/2 year 2019 222,458 tonnes of alloys v 223,943 tonnes in 2018.
Total sales income of alloys down from $424.7 million to $378 million
Profit down from $87.5 million to worst case scenario of $40 million.
NPAT around $70 million is my best guess.
The profit should be similar to IGO ( 1/2 year $75 million) MC $3 billion
The profit similar to SBM ( Full year $144 million) MC $2.3 billion