The next CMSB Financial report should show the strong gains that OM Sarawak is making. All 16 furnaces are now in production and alloy prices are strong. The latest FeSi price says it all, its very good at over US$1450/tonne and OM Sarawak has 10 furnaces pumping out FeSi at the rate 60 tonnes/furnace per day. I'd expect that CMSB will show a good profit from their 25% holding in OM Sarawak
Stock: [CMSB]: CAHYA MATA SARAWAK BHD
2018-08-14 12:09 | Report Abuse
The next CMSB Financial report should show the strong gains that OM Sarawak is making. All 16 furnaces are now in production and alloy prices are strong. The latest FeSi price says it all, its very good at over US$1450/tonne and OM Sarawak has 10 furnaces pumping out FeSi at the rate 60 tonnes/furnace per day. I'd expect that CMSB will show a good profit from their 25% holding in OM Sarawak