manganese is freely available and plenty of supply. useful to omh but not critical. the important thing ahead is climate change and China supply is mostly coal power, making Sarawak hydro power cost effective, that drives usd100m profits, not manganese costs which is a freely trade commodity.

omh and pmetal both depend on Bakun cheap hydropower. Both are materials and both their end product ends up in industrial usage.

jokers2020, the key to OM is whether China follows through on climate change promises. if they shut down coal powered alloys plants, OM will boom because that is the majority of China production, over 60%! If they dont, prices of alloys will fall.

OM uses hydropower for its smelting and that is good for climate change. China is stopping many coal powered factories, so its profits will be good for years. Sarawak will be key, and hopefully OM can grow its Malaysia operations, good for Malaysian jobs.

So? Point is OM seek KLSE listing because it invested usd600m in Malaysia, more than many local giants in recent years, and Malaysian investors should support that, Aussie investors hate that. Top Glove is already supported in KLSE, seeking secondary support other places is ok but dont expect a lot of support.

Look at the asx prices languishing before this KLSE listing tells you Aussie investors dont like an ASX listco investing usd600m in Malaysia. And if you list in Malaysia, you think Malaysians like to hear you talk about Aussie mines?

Investors look at usd100m profits, not aud1.8m explorations. By talking about this small investment, you confuse the picture only. Usd600m investment in Malaysia is not a small sum. I think few foreign investors pour in such big sums unless it is oil and gas. Focus on that if you want Malaysian investors attention. I think Malaysians are more likely to welcome more Malaysia investments.

Still a few aud millions compare to usd600m in Sarawak. Listed on KLSE, focus on Malaysian operations.

this is now a Malaysian company, they invested usd600m in Sarawak, little in Australia