Harvest Minerals Share Discussion Threads

[hungary16] 12/10/2017 09:39

At least the " family " has confidence in the company and I assume they know exactly what is going on !

[hungary16] 12/10/2017 09:37

Typically of the CEO playing with words -
An order is an order - I wonder what is the opposite to a robust order ?

[kreature] 12/10/2017 09:35

So what does the 80,000 bit mean in reality. How much of it is actual sales ? How much is 'sales made to date' ?

'The order book for pre-registration sales currently stands at approximately USD80,000, including sales made to date.'

Where is the forklift for the bulka bags ?

[drmaccers] 12/10/2017 09:35

And all my questions to kreature. He'll be setting himself when the MAPA gets granted.Oh I've so many pointless questions for no earthly reason lol

[parisv] 12/10/2017 09:32

maybe my questions to Andy should have been directed at yourself instead kreature. Do you hold a position long/short out of interest? I just want to understand the mindset of people who sit on bb's with a negative view.

[kreature] 12/10/2017 09:11

I think they're actually known as 'bulka bags', rather than 'big bags'. I don't see a forklift truck to pick off the bulka bags ?

RNS
'....whereby KPfértil is milled and loaded into 1 tonne “big-bags̶1; and picked up by the customer'

Anyone know how much the modular 'MMB' Knife Mill processing plant cost ?
What is a 'robust potential order book' ? Is that different to 'an order book' ?
'Modest' 80k order is more than the $10 I predicted. Who is the buyer/s ?

[drmaccers] 12/10/2017 08:56

It's illegal to forward sell if you are in a placement before it's announced. So perhaps you can take that up with the fca. That seems like nonsense, I know quite a few who took the placementAs for the fertiliser they've said it's better and that's why we will all make money stupid. Read the RNSes

[kreature] 12/10/2017 08:47

So out of interest.....was this placing achieved via 'forward selling' ?
If so, when did the forward selling process begin ?
Did forward selling enable the final results to be unqualified ?
Was 'inside info' posted on this bb to assist with forward selling?
Is the product genuinely 'as effective' as traditional fertilisers ?
Was forward selling taking place when such positive statements were being made ?

[parisv] 12/10/2017 08:15

At least that puts to bed the cash requirements. Looks like they’ve installed a few new things hence why needing the extra cash. I bought more at 11p.

[whl2] 12/10/2017 07:50

Which makes you the liar harvestminerals, and an apology needed to yp/kreature I believe!

[harvestminerals] 12/10/2017 07:48

Producing now. Massive demand... tick tick

[bigboots] 12/10/2017 07:41

Another stock that needed funding... to get going....

[harvestminerals] 12/10/2017 07:26

placing of 1.2m. Sales... a good day

[hungary16] 11/10/2017 20:27

But they had plenty of cash at June ' 17 !

[kreature] 11/10/2017 18:52

so where is funding coming from again?How could the final results have been unqualified? Shouldn't this share have been suspended pending funding clarification?

[parisv] 11/10/2017 12:33

not really, over the last few months it's risen from 10p and gone back a few times. Just needs some positive new to break 13p.

[kreature] 11/10/2017 11:35

So was that what they call a 'pumping and dumping'?

[hungary16] 11/10/2017 09:20

All positives for sure - issues are management's performance to date and their ability to achieve those numbers which is where I have the concerns ! Time will tell ! In the meantime , McMaster & Co don't seem to be able to generate any support for the story.

[parisv] 11/10/2017 07:20

fag pack notes from @djp4976....

Trial mining allows up to 450,000 tonnes to be sold per annum

Sell price $60 per ton, cost of production roughly $7 say $50 profit per ton for arguments sake
$50 x 450k tonnes = $22.5m ppa

Converted to gbp 17.2m ppa

Even if we used a PE of just 5, that would constitute a MC of £86m or 73p per share

further more a PE of only 2 which is insane would constitute a MC of £34.4m and a share price of 29.5p

That price doesn't allow for the HUGE resource and also their other 3 projects!

First sales due soon

28.3% free float 71.7% held by notifiables


This

confirms 50kt on a successive (rolling) permit.

[kreature] 10/10/2017 23:24

The positives as I see them....

no customer complaints at all
Only one crusher to maintain
huge potential for investors to believe the product has value

[hungary16] 10/10/2017 22:35

Parisv - can you give me a list of positives regarding HMI so I can start posting some optimistic comments !

What a turnaround from Harvestminerals in his latest posting - talk about eating humble pie !