Harvest Minerals Share Discussion Threads

[mr roper] 29/9/2016 10:34

shakey
50-60p is most likely a good 9-12 mths away and will depend on a) increasing from 100000kt a year and also b) extending the resource. Both I should think are possible.

current mkt cap $23m
100000kt a year at 50$/t = 5m, with profit margin of 80% = $4m

I'd think this should be aiming for double that mkt cap in 3-6 mths once production is really underway

[shakeypremis] 29/9/2016 10:24

Mr Roper, what do you base that 50-60p figure on? If you don't mind me asking of course. I'd like to see your calculations (not disputing, just genuinely interested in people's calculations).

[shakeypremis] 29/9/2016 10:22

Quite right too. There is a lot of potential here. All we need is the trial license (which seems to be a matter of when, not if). Once we get that, hopefully we can also get some indications of production rates under the trial license and additionally also perhaps some indications of the price the phosphate will be sold for.

[mr roper] 29/9/2016 10:21

not getting mine. I'm looking for 50-60p.

[shakeypremis] 29/9/2016 10:15

MM's offering £0.1857 for over 60k shares.

[dice1950] 29/9/2016 09:12

HARVEST MINERALS LIMITED ORD NP (HMI.L)
18.90 +0.90 (+5.00%) 4 star buy
Resistance1: 24.15 Resistance2: 28.21

[mr roper] 29/9/2016 08:11

fine start this morning anyway

[shakeypremis] 29/9/2016 08:05

Fission453, do you have access to the 'full report' mentioned in your above post?

Cheers

[pathai3] 29/9/2016 04:57

Harvest Minerals Limted’s (LON:HMI) world production of potash would have double to meet the present day’s population
29th September 2016

[fission453] 28/9/2016 23:10

Harvest Minerals (HMI.L)
Buy at 17.5p
(Target Price: 32.0p)
Cyan Holdings
Harvest Minerals’ Arapua project is a multi-nutrient fertilizer deposit in Brazil. First production is fully funded and expected this November, with the aim of producing an initial 50kt from an area called Maximus which Harvest will use to start developing the local market.

This near term production is welcome, however our investment case is based on a larger scale operation. Assuming Maximus is successful, Harvest will develop new mining areas for minimal capital cost. The Arapua project covers 150km2 and should contain at least 15mt of mineable and marketable resources.

For an estimated $7/t Arapua material can be mined and crushed, to be sold at the mine gate. Helpfully, it is located in one of Brazil’s main agricultural regions which has poor soil and currently imports most of its fertilizer needs. This should ensure strong local demand and attractive pricing. A sales price of $50/t, which we believe is achievable, would give a gross profit margin in excess of 80%. We initiate with a Buy recommendation and a 32.0p target price. Read the full report

Beaufort Securities acts as corporate broker to Harvest Minerals

[charles clore] 28/9/2016 20:51

R&H that is usually the way it works in mining. The permit is a share price trigger.

[regandharry5] 28/9/2016 19:41

If I could ask,,it seems most people agree that thing main thing holding this back is the mining permit.So if this permit was a "gimme " why isn't the share price higher.If the permit is gonna be held up what is that going to do to the share price.

[dice1950] 28/9/2016 16:45

Charles stay here there is more posters and genuine research done,thanks a big rerating coming here and stock is tightly held.

[charles clore] 28/9/2016 16:39

Posted on other thread, sorry to repeat.If you do a comparison with peers this company gives you a lot more bang for your buck. For example Sirius is probably 4 or 5 years away from production and yet their market cap is getting on for a billion pounds. This is a few weeks away from production with a vast resource and amazingly still valued at under 20 million. Imho we have a couple of things stopping the price rising. One is the mining permit hasnt been rubber stamped yet. The other is a few warrant holders converting and taking a profit. Only a small number but enough to dampen buying in the prelude to the mining permit. After that is issued in a few weeks time, I doubt you will be able to pick these up for less than 30p. My target for xmas is 50p.

[charles clore] 28/9/2016 16:36

If you do a comparison with peers this company gives you a lot more bang for your buck. For example Sirius is probably 4 or 5 years away from production and yet their market cap is getting on for a billion pounds. This is a few weeks away from production with a vast resource and amazingly still valued at under 20 million. Imho we have a couple of things stopping the price rising. One is the mining permit hasnt been rubber stamped yet. The other is a few warrant holders converting and taking a profit. Only a small number but enough to dampen buying in the prelude to the mining permit. After that is issued in a few weeks time, I doubt you will be able to pick these up for less than 30p. My target for xmas is 50p.

[dice1950] 28/9/2016 16:34

HE aint seen nothing yet wait a few days £££;


Allenby’s Matt Butlin AIM is booming, but just what are the junior market's most popular stocks Harvest Minerals Ltd (LON:HMI)
15:37 28 Sep 2016

[dice1950] 28/9/2016 15:29

ive been loading up here guys bid talk for weeks.


AVN RNS And 2 other institutions bought today

Lesire AG Upto 3m after third day of buying = 2,035% or £1m pounds Avanti Communications (LSE:AVN)

[dice1950] 28/9/2016 14:58

At a profit of around $40 a tonne, he reckons the project could yield free cash flow in double digits within the next couple of years.


Capital Network's Catalano spells out potential of Harvest Mineral's Brazil project
Share


Harvest Minerals Limited's (LON:HMI) Arapua fertiliser project in Minas Gerais, Brazil is a "fantastic one", according to Capital Network analyst Sam Catalano.
Speaking to Proactive's stocktube team, he said the project should be coming into production later this year.

Among its credentials, it is a very low capex start up, costing only up to $400,000 to get going, he says, since it's a case of simply digging the potash up from the ground and putting it on a truck.

It will be able sell the fertiliser at around $50 per tonne, while operating costs are less than $10 a tonne.

At a profit of around $40 a tonne, he reckons the project could yield free cash flow in double digits within the next couple of years.

The analyst added that Brazil was a faster growing market for fertiliser than the rest of the world.

[dice1950] 28/9/2016 14:57

the only way you can get these is stockpile as the mms wont give you a decent amount so you need 2 keep buying in bundles

[dice1950] 28/9/2016 14:54

well done im on 300k i expected 25p on todays news and yesterdays video but hey ho still think we could hit 22p today as stock is thin on the ground

[gilscottheron] 28/9/2016 14:47

I've stockpiled up to 450k.....lets see it do its thing

[dice1950] 28/9/2016 14:45

told you guys 17.775p gone nearly 18p 2 buy and very limited stock available expect more updates soon

[dice1950] 28/9/2016 14:34

Cant be many left at 17.775p