So we have another insider ( this time a truck driver, loader driver) who has important inside information.
Why does OMH waste its time using geologists preparing Resource/Reserve statements and releasing them on the ASX
https://www.asx.com.au/asxpdf/20180416/pdf/43t6y4t08ft71m.pdf
when we have experts like chad101 who has more information at hand than the drilling data and cores that are used to prepare the Mineral Resource and ore Reserve update each year. Maybe you should read the above document before making such foolish statements. I guess I'll believe the next Resource/Reserve Statement due to be released in April 2019.
OMH investors are well aware that the Bootu Ck mine life is coming to an end, however the tailings retreatment plant will add another 8 years production to Bootu Ck.
Mate, gee you can write a lot of drivel, you should learn do some research
"This would leave OM Sarawak will decreases quality ore over the next year or so which should result in less profitability and eventually a insecure supply chain if the mine closes."
1) Why would the grade of the tailings retreatment decrease when OMH rep0rts that it will increase? ie 35% to 38%
2) OMH currently owns a 26% stake in Mainstreet774 which owns the majority share of the worlds largest manganese mine Tshipi in South Africa. OMH currently is the marketer for Mainstreet774 manganese ore. So whycan't OMH use its own ore"
3) There is also nothing stopping OMH being involved in the next large high grade 49% Mn ore mine when Ntsimbintle is listed on the JSE this year. Considering that Mainstreet774 will be part of the listing.
Listening to blokes like you and RandomA is like listening to the local tuk tuk driver who has the latest big tip.
Is that how you found out about AUZ ?
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