There was an immediate reaction to the news of OMH’s share price hike, with one reader commenting it was because TMI is expected to make a takeover bid. Interesting idea. TMI recently bought ConsMin and revitalized the company’s Australian manganese mine, Woodie Woodie. And just yesterday, TMI’s owner disclosed it was going to the bulk shipping industry, so OMH does prose an attractive target with its own large Malaysian smelter. The smelter has low power costs and would enhance TMI’s reach in manganese.