just to explain the share price performance of OMH post January...

just to explain the share price performance of OMH post January 2017. This coincided with the recommencing of the bootu creek operations. At this time bootu's ore was being sold to Sarawak at approximately half the market rate. In addition to this the ore from bootu contains large amounts of silicia which is required at furnacing stage. Therefore the company doesn't need to buy silicia therefore reducing costs. Most other ore including tshipi does not contain the silicia content as bootu. Hence very good profits have been made up to date. When the time comes when ore needs to purchased from the open market the company will then need to pay full price in addition to purchasing silicia to add at the furnace. Again I'm happy to be corrected if anyone has eveidence saying otherwise.