I'm surprised no comments on the June Quarterly report. Whilst not an earth shattering report it still shows that OMH is on track for a stunning 1/2 year financial report. The Fesi sales for this last half are up 6,000 tonnes on the last 1/2 year. Its difficult to produce more than a 5% increase on the furnace design, so the production figures will most likely stay at these levels from now on.
The last furnace was fired up as a FeSi furnace and when you look at the prices of FeSi then this makes sense.
The production of silicon metal will be deferred until extra furnace capacity is built.
Might be a good idea to start producing MC FeMn and put GMC out of business before they start up.
The 1/2 year financial report will be the one to watch, but we'll get an early preview through the CMSB report in a few weeks time.
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- Ann: 30 June 2018 Quarterly Update
Ann: 30 June 2018 Quarterly Update, page-3
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