Harvest Minerals Share Discussion Threads

[bckttsim] 13/9/2016 10:37

Value in future will be 10 x , 20 x current M/C .... Maybe more.

[miahkaysor] 13/9/2016 10:32

This going to be massive!!

[sja123] 13/9/2016 10:10

Post from Swingy on LSE....I'm sure he won't mind me re-posting it here....he has had a reply from the company to clarify the last RNS...make of it what you will but it looks genuine to me...

"HMI email ref trial permit
Chaps. Following the environmental RNS I sent an email to HMI for clarification and have just received a response.
I asked for clarification on the rolling 50,000t and if the November rains would present a problem.

The response I received was....

"Generally, a trial mining permit is issued for a limited number of tonnes as a one off process. In our instance, given the importance of fertiliser to the Brasilian economy, the respective government departments have issued a license which is a function of production amount and time. That is, we are permitted to operate under the trial mining license for up to 4 years and we can produce up to 50,000 tonnes at any one time. Upon completion of the 50,000 tonnes we can go back and produce a further 50,000 tonnes (a “rolling”;50,000)."

"In regard to your second question. The product is occurring naturally so in its current form its not effected by rainfall. The solubility point is about the degree to which the plants will absorb the fertiliser. In very basic terms, a high solubility factor means that the plants can easily access the nutrients. We don’t anticipate any major disruptions from weather (although that’s not a weather forecast, its just a guess)."

Perhaps this will be in the next RNS."

All IMO DYOR etc

[babbler] 13/9/2016 09:47

Warrants exercised was the news.

[bckttsim] 13/9/2016 09:39

These will be 30p before you know it. Huge potential !

[adiekirby1] 13/9/2016 09:38

Just had a wee purchase.....50k

[soulsauce] 13/9/2016 09:34

Bid and offer the same lol :-)

[bckttsim] 13/9/2016 09:29

Something is happening here

[soulsauce] 13/9/2016 09:20

Hmmm that spiked up a bit, hopefully the contractor and the final piece of the puzzle are imminent. Start of production should take this over 30p.

[bckttsim] 13/9/2016 09:17

Blimey, moving up fast, news ?

[dice1950] 12/9/2016 15:38

Small-cap fund shows faith in Harvest Minerals (HMI)


Harvest Minerals has a comparatively cheap early production phase targeted this year


Harvest Minerals in "right place with the right commodity at the right time" - Chairman


Harvest Minerals (LON:HMI, 19.5p) – Buy
10th September 2016


Speculative Buy Harvest announced it has received an environmental permit for its Maximus project, a JORC resource area within the much larger Arapua fertiliser project in Minas Gerais, Brazil. Harvest has now lodged a trial mining permit application and will hire contractors within a few days to start preparatory work on site. Maximus is being brought into production this year as a trial mine. Assuming it goes well, Maximus will be the precursor to a significantly larger…

[soulsauce] 12/9/2016 11:37

Annual Report:-

[charles clore] 10/9/2016 14:44

IEH FAN - good post. I started buying around the same price and feel secure as a shareholder. As you rightly say this is a no nonsense company with great management pedigree and a simple but lucrative operation.

[ieh fan] 10/9/2016 13:52

Been in since sub-8p and still here.
Britishbulls chart indicates bullish pressure returning so following confirmation that the placing rumour was nonsense, a positive TR1 on Friday and with confirmation of further news in the coming week I expect to see some price traction.
Is a breath of fresh air to see a company as solid and true-to-their-words as HMI on the AIM Casino.
With production so close, this still looks undervalued and I hope to see us hit 28p by Friday close.
No ramping intended. Just honest evaluation of a confidence-inspiring company.

All IMHO of course. DYOR. GL all.

[soulsauce] 10/9/2016 10:19

lastdrop many thanks.

CC yes ;-)

[shakeypremis] 09/9/2016 19:40

Yes Charles, I think he means that ;)

[charles clore] 09/9/2016 17:39

Soul - you mean using that water grader sifter dryer table thingy?

[soulsauce] 09/9/2016 17:34

Yes CC and lets not forget for a little outlay HMI will be able to produce a bog standard fertiliser and a premium one ;-)

[charles clore] 09/9/2016 17:05

Soul - agreed, the last thing we need is dilution. Having said that we are fully funded through to trial production (amazingly for a mining startup). When we get the full licence there will probably be additional costs, depending on whether HMI chooses to continue with contract mining or go for the full monty. But even then we are only talking about a few excavators, some storage sheds and a crusher to fulfil the basic needs. Distribution can be fairly easily outsourced although this is where I see the biggest on-costs coming from unless the farmers bring their own trailers and load up at base camp.

[soulsauce] 09/9/2016 16:23

CC only risk I see is the final licence for mining but looking at the video that sounded more or less a formality.
The only downside I see going forward is HMI having to pay a lot more for the remaining land or the land owner not allowing them to mine it but money talks and I am sure that wouldn't be much of a sticking points. May be some weather related risks but other than that nothing really.

The mgt are talking dividends but I would sooner them build the other prospects up to a decent value and avoid dilution myself.

[charles clore] 09/9/2016 16:03

SoulThey can erect a shed in the middle of nowhere and have 10 ton lorry loads shipping out all day. HMI has an incredibly simple concept and a cheap operation to manage. I just hope the price moves up rapidly to reduce the risk of a predator moving in. Can you see any other downside risk here?