Harvest Minerals Share Discussion Threads

[roman180389] 17/1/2018 11:26

Really tempted to get on board here but still have a slight hesitation. Why haven't they sold more to date? Certification is not a legal requirement so can't use that excuse. Ok maybe clients want the Mapa mark but then if the fertiliser is so great why not distribute a bit out to all potential clients at break even cost to get them to test it and trust it. If it's as effective as stated, and clients have tested it, surely we should be seeing orders or commitments to buy?I am a fan, and this company presents the fundamentals I look for in significant FCF coming up. I want to invest but there is that doubt I describe above. Am I missing something? Thoughts?

[whl2] 17/1/2018 07:53

yes, yes and yes!

[cyberbub] 16/1/2018 23:00

Can those high gross profit margins be maintained long term is the question I guess? Will competitors not emerge, or are there very few phosphate mines in Brazil and/or the KPFertil product is exceptionally good quality?

[harvestminerals] 16/1/2018 22:36

450000tonnes per annum of product. We can produce that for many many decades. It’ll get priced in this year when the market sees it actually happening. Bwtfdik

[harvestminerals] 16/1/2018 22:33

320 product with a stated aim of 450 Kyla product. Bwtfdik

[cyberbub] 16/1/2018 20:55

Just looking in here.Can I clarify that the new mills which will boost capacity to 320k tons p.a.... is that 320k tons of the Kpfertil product, or of the raw 'ore' at 3% contained?If it's 320k tons of product at a gross profit margin, according to this board, of $50/ton = $15M gross profit, so possibly £5M after G&A and tax, why is it trading at a market cap of just £15M? Does Mr Market not believe they will really get into production, or expect further substantial fundraising before they do? Does Mr Market not want to look forward 12 months or so?Thanks for any insight. It seems like an interesting company.

[kreature] 16/1/2018 17:48

Reckon there's no demand for rockdust

[harvestminerals] 16/1/2018 17:28

Reckon they’ll be producing at a rate of 320ktpa in the latter half of the year. It would be good to produce and sell 160000t this year.

[john henry] 16/1/2018 16:13

Corn crop fertilised by KPFertil last year.

[andy] 16/1/2018 10:10

From the same people that made that friendly interview with HMI!

[andy] 16/1/2018 10:00

"You have stated that the company could be delivering substantial sales figures in the future should the demand arrive"


That sounds a bit woolly! "could" and "should" aren't positives in my book.



"We did not change brokers because we have a fundraising in place, we raised money recently."

Some clever wording there, IMO!

[whl2] 15/1/2018 22:17

Loving the disclaimer harvest! Do you see production of 320kt this year or will that be in 2019 ?

[harvestminerals] 15/1/2018 21:56

Motley Fool article... bwtfdik.

[harvestminerals] 15/1/2018 21:52

Seems a lot of hassle just to stop misleading peeps.
I’ll just sign off with bwtfdik. That should “clarify”;.
Great news today. Company potential will be realised soon

[whl2] 15/1/2018 21:32

need to register another username with advfn - careful, quisad is already taken!

[harvestminerals] 15/1/2018 21:07

Does anyone know how to change your nickname??

[harvestminerals] 15/1/2018 21:04

Sorry about causing confusion - I shall change my name

[john henry] 15/1/2018 14:58

Decent update, however Mr Market still not buying it.

[harvestminerals] 15/1/2018 13:15

Jersey - the product sells for $60 / tonne and costs around $8 so you can use $50 per tonne profit for your calculations

[jerseymike] 15/1/2018 12:34

Anyone any idea how much 450Ktpa might be worth and what the associated costs are? Will the company make a profit?Always assuming the MAPA cert is received of course!And what about the $1m payment? is this still a pre sales liability?

[fillipe] 15/1/2018 12:33

Saucepan
15 Jan '18 - 09:01 - 3692 of 3694

["harvestminerals": you should really stop posting under that moniker if you are not a Company representative! It is misleading to say the least. I have no issue with the content of your posts.]

Saucepan,I agree with you.

f

[saucepan] 15/1/2018 09:01

I remain bullish here and my conviction has been strengthened following the insightful interview with Brian McMaster and today's RNS.

"harvestminerals": you should really stop posting under that moniker if you are not a Company representative! It is misleading to say the least. I have no issue with the content of your posts.