Presentation on theme: "Slide 1 ASX Code: OMH Website: www.omholdingsltd.com OMH – An Overview Accessing Land for Mineral Exploration in the NT 6 June 2006."— Presentation transcript:
Slide 1 ASX Code: OMH Website: www.omholdingsltd.com OMH – An Overview Accessing Land for Mineral Exploration in the NT 6 June 2006
Slide 2 2 Disclaimer This presentation may contain forward looking statements that are subject to risk factors associated with commodities businesses. It is believed that the expectations reflected in these statements are reasonable but they may be affected by a variety of variables and changes in underlying assumptions which could cause actual results or trends to differ materially, including but not limited to: price fluctuations, actual demand, currency fluctuations, drilling and production results, reserve estimates, loss of market, industry competition, environmental risks, physical risks, legislative, fiscal and regulatory developments, economic and financial market conditions in various countries and regions, political risks, project delay or advancement, approvals and cost estimates.
Slide 9 9 Marketing Services –Source materials for Chinese buyers –Logistics, credit & product management –Fee for service, not a position taker Products –Ores: manganese, chrome, iron –Alloys: manganese, chrome, silicon, ferro-silicon / boron –Metals: stainless scrap, zinc ingots New business –New relationships/products welcome
Slide 10 10 Marketing – Core Products Chrome ore –Improved chrome & ferrochrome prices Iron ore –Territory Iron, trial of Indian product –Positive price outlook Manganese ore –Supply ~ 20% of China’s Mn ore –Destocking, prices soft but steady –Price improvement expected post June –Expected medium term range US$2.50-3.00
Slide 15 15 Manganese – NT Background Nov. 2000: Scriven Agreement Sep. 2001: Exploration Agreement with NLC & Granted EL Oct. 2001: First drill hole Sep. 2003: 26,000 meters drilling completed Aug. 2004: Feasibility Study Sep. 2004: Environmental approvals Oct. 2004: Mining & Haul Road Lease Agreements, Tripartite Agreement re native title claimants Oct. 2004: Site access granted, construction commenced Apr. 2006: Production commences Jun. 2006: First shipment
Slide 16 16 Manganese – Native Title Matters for negotiation –Exploration access –Mine located on Banka Banka station (Native Title) –Haul road to rail siding on Aboriginal freehold land Native Title process –NT’s first Exploration Agreement under Native Title process –Mineral Lease negotiated within 9 months –NLC employment service Benefits –Economic multiplier impact –Employment opportunities
Slide 17 17 Manganese – NT Experience Transport infrastructure Ready access to all levels of NT Government Supportive and co-operative approach, including: –Chief Minister’s Office, Special Projects Group –NT Geological Survey –Northern Land Council –Member for Barkly