Ann: AGM Investor Presentation, page-13

I see poor Giuseppi is still adding his two bobs worth, its a bit of getting back at me since I posted on the GMC thread that the expensive power prices in Indonesia will be a severe drawback. The current power price in Kupang  Indonesia is US$0.11c/KWh and the power provider PLN is currently installing diesel generators and the power price in 2019 is likely to be over US$0.20/KWh when the Indonesian Gov't stops subsidizing the power. Frankly most GMC holders don't have a clue about the importance of power costs for ferro alloy smelters. GMC management haven't made it clear to investors how important power/electricity costs are for a profitable operation.
Poor Giuseppi is in own way trying to upset us with his mindless drivel.

It seems that analysts don't agree with the garbage that Giuseppii sprouts either.

OM Holdings Limited (ASX:OMH)

OM Holdings Limited, an investment holding company, engages in mining, smelting, trading, and marketing ores and ferroalloys. OM Holdings was started in 1994 and with the stock’s market cap sitting at AUD A$721.14M, it comes under the small-cap category.
OMH’s shares are currently trading at -49% below its actual worth of $1.92, at a price of AU$0.98, based on its expected future cash flows. This mismatch indicates a potential opportunity to buy low. Furthermore, OMH’s PE ratio stands at around 7.74x against its its Metals and Mining peer level of, 13.31x implying that relative to other stocks in the industry, we can purchase OMH’s shares for cheaper. OMH is also in good financial health, with near-term assets able to cover upcoming and long-term liabilities.