Nice work, @Lisa_Llama — solid overview.

A couple of additional points from the recent AGM and business updates:

• The litigation settlement with CF removes a major overhang and simplifies the US business.

• The acquisition of Nelson Brothers’ explosives operations looks strategically smart — expected to add ~A$35m EBIT once integrated.

• Digital Solutions continues to grow strongly (+20% EBIT), but still a small contributor to group earnings.

• The new $100m cost‑out program should support margins over the next 2–3 years.

• FX headwinds (AUD strength) and Indonesian coal quotas are temporary rather than structural.

For me ORI is a steady, cycle‑sensitive industrial with improving operational leverage rather than a high‑growth compounder — definitely worth keeping on the radar.