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HMI Harvest Minerals Limited

1.90
-0.10 (-5.00%)
14 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Harvest Minerals Limited LSE:HMI London Ordinary Share AU000XINEAB4 ORD NPV (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.10 -5.00% 1.90 1.80 2.00 2.00 1.90 2.00 304,178 16:14:35
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Miscellaneous Metal Ores,nec 8.63M 198k 0.0010 19.00 3.59M
Harvest Minerals Limited is listed in the Miscellaneous Metal Ores sector of the London Stock Exchange with ticker HMI. The last closing price for Harvest Minerals was 2p. Over the last year, Harvest Minerals shares have traded in a share price range of 0.70p to 5.50p.

Harvest Minerals currently has 189,169,217 shares in issue. The market capitalisation of Harvest Minerals is £3.59 million. Harvest Minerals has a price to earnings ratio (PE ratio) of 19.00.

Harvest Minerals Share Discussion Threads

Showing 401 to 421 of 11625 messages
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DateSubjectAuthorDiscuss
20/8/2016
17:51
runawaypaul - cash, at the last reported cash flow statement dated 31st March the company had approximately £2.1m with a burn rate of around £500k/quarter so they probably have about £1m left. I note that they say they have enough to go into trial production but I am not sure if this is still the case. I think there are more costs involved in mining start ups than first imagined. So I would expect some kind of fund raising over the next few months and I would like to see a rights issue with warrants. Wouldn't that be nice?
As always, dyor.

charles clore
20/8/2016
17:23
Only a few had this on their radar until the last couple of days. As more and more notice the company we will see the share price in £'s not pence.
johndee
20/8/2016
17:18
Even if storage were needed it would be a very simple drive in drive out structure - structural steel and sheeting on a concrete base. Simple and very cheap.
sandbag
20/8/2016
16:56
The buying frenzy will be unstoppable Monday! I'm in for a good crack ! Help this company to reach 50p then and if there's loads for all and even a small placeing if they need it I herd a rumour ! On Lse! But most are saying fully funded!! Can anyone here shed light thankyou! Except peewee don't know what I've done to him!
glenkaz
20/8/2016
16:31
how much cash have they got?
runwaypaul
20/8/2016
15:51
There must surely come a time when storage of crushed product would be necessary. Also it would have to be under cover as you wouldnt want to get the stuff wet. I dont fully understand the logistics but am slowly getting there.
charles clore
20/8/2016
15:31
And we only need to crush it when it comes out of the ground and then it's onto the backs of trucks and away to the nearby customers.
Gets better and better.

sandbag
20/8/2016
15:09
I think SXX may be that price due to the NAV, bearing in mind it is going to take $$billions to build due to being a fairly deep mine with processing req'

Just remind me, we are digging it straight out of the ground to a ready market - hmmmmm!!
AND we have only tested 3% of the area;
AND we have several other properties with multi million ton potential phosphate;
AND we have a ready hungry market for our product.
AND Brazil needs lots of fertilizer with prices rising.

May be this is not a bad investment after all ;-)

soulsauce
20/8/2016
14:23
You are missing summit personality for one peeweeeeee! But you won't see this ! But others will 🤒
glenkaz
20/8/2016
14:19
Peewee filter this 💩! 🤒
glenkaz
20/8/2016
14:17
Peewee ! Filter this 💩! What a girls blouse.
glenkaz
20/8/2016
14:08
Charles,

You tell me! LOL!

sandbag
20/8/2016
14:06
sandbag - how in God's name did Sirius ever get to be that size market cap?
charles clore
20/8/2016
13:45
I have filtered glenkaz and fission.
Am I missing anything?

petewy
20/8/2016
09:43
Or a magazine !!😂
glenkaz
20/8/2016
09:41
And US-based Mosaic, which has a large South American operation, last week said that there had been a rise in potash prices in Brazil of "some $10, $20 up [a tonne] in the last couple of weeks", adding that "we expect that to continue as we get closer to their main planting season".

"Brazilian demand forecast just keep getting revised higher and higher, despite the chaotic political backdrop, volatile exchange rate and tight farm credit," said Mike Rahm, the Mosaic vice-president of market analysis.

"That is not a surprise given record high local currency prices for soybeans, corn, sugar, cotton and coffee."

Rich Mack, the Mosaic finance director, told investors that Brazilian buyers "can't defer [purchases] anymore.

"Inventories are used up. And so that's where we see some price momentum in Brazil, both for phosphates and potash."

www.agrimoney.com/news/heringer-flags-squeeze-in-brazils-rebounding-fertilizer-market--9819.html

h2owater
20/8/2016
09:40
Is that a ford fission! 🚘
glenkaz
20/8/2016
09:36
Have a nice day fission ! And see you in a better mood Monday morning at 30p ha ha! 🤒
glenkaz
20/8/2016
09:23
No bud stop being a dimwit! You need a life!

Right off to see my escort! chow chow!

fission453
20/8/2016
09:23
No bud stop being a dimwit! You need a life!

Right off to see my escort! chow chow!

fission453
20/8/2016
09:02
What makes this so highly significant for me is the 3% figure....figures I've seen suggest that at $50-$60 sale price, HMI could be generating over £3.5m net profit per annum at 100,000 tpa....for 7 years...

Presumably, if the trial mining license goes well, it wouldn't take much to upscale to, say, 10% of the deposit....once infrastructure in place and with the demand there..

Brazilian government on side as they want the country self sufficient in fertilizer by 2020...so a full mining license should be a formality, to enable increased production...do the math....at 300,000 tpa, looking at close to £10m net profit per year and probable £100m mkt cap for HMI....five times where we are now....90% of the deposit to still work up....another DANF project in stable already....plus the two potash projects close to Vale...possible corporate activity with that...joint venture or buy out...

The cash they will generate could be used to purchase other in country DANF...develop potash...

McMaster already indicating that he can get a better return than $50 by contract mining and an even better profit margin...

For me, and even with the spike in price we are now sat on, it would seem there is much further to go in the short term and a long term hold may produce a very good investment...

All IMO etc

sja123
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