Harvest Minerals Share Discussion Threads

[john henry] 15/6/2018 22:11

Brooko19 ARDA have been on the Bid for 3 days since the placing.

[dailylarma] 15/6/2018 19:01

It's a worked order, kreature

[brooko19] 15/6/2018 18:46

John I noticed that they have been sat on the BID all day aswell..

[kreature] 15/6/2018 15:19

what type of orders are they filling the buy orders with ?

[john henry] 15/6/2018 13:15

ARDA new company Broker filling large buy orders imho

[kreature] 15/6/2018 13:08

no rush to fix the kp website ? one thing at a time I suppose.

[john henry] 15/6/2018 07:11

Brooko19 Cross trade @ Mid, Broker to client.

[kreature] 14/6/2018 22:58

Surely 9m is enough to cover the Wix hosting fee for the kpfutil website? One thing after another I suppose. Is there any point in re-connecting ? Perhaps MAPA didn't approve of any unregistered input marketing ?

[ypymytyc] 14/6/2018 22:49

The KPfertil website is looking good. Can't be the same guy who does the HMI website, though I wouldn't be surprised if it didn't get re-connected.
YP

[kreature] 14/6/2018 22:44

I make that around £48k profit if that's an early placing flip

[brooko19] 14/6/2018 22:27

Buy or sell (it’s hard to tell really IMO because from past experience worked buys or sells usually show the historic date) it’s quite irrelevant because since the start of the week to today we’re at the same share price which means that over the period of this time the supply and demand has been pretty much equal...

[john henry] 14/6/2018 22:09

Buy or Sell ? What matters is that trades either side have completed the transaction.

[kreature] 14/6/2018 22:02

larma....a sell that is arranged over a longer period of time with many buys on the other side of it in order to achieve the best possible price. that's my understanding anyway. If you had 600k to spend, then you'd be in at the placing price right? So I think it's a dumparoonie

[whl2] 14/6/2018 21:37

Precisely!!!!!!

[harvestminerals] 14/6/2018 21:24

Sale contract price per tonne is the same as previous deals but unfortunately the exchange rates aren’t helping the dollar price. $45 profit about right. Lots of expenses to offset before tax kicks in significantly. All contracts so far will be repeat customers but we’re expecting bigger orders next time. Big coffee and bean orders in the pipeline.

[dailylarma] 14/6/2018 19:38

Kreature Can you explain what is a "worked" sell?Asking for a friend

[john henry] 14/6/2018 19:18

Change in Royalty Rates to Deliver Signficiant Cost Savings

Harvest Minerals Limited, the AIM listed fertiliser development company, is pleased to inform shareholders that the Federal Senate (Upper House of the National Congress of Brazil) has approved a bill to reduce the royalty rates of fertiliser projects from 3% to 0.2%. The bill was approved by the Chamber of Deputies (lower house) on Wednesday 22 November 2017 and is part of wider reforms to boost the mining sector and the economy in general. This change will allow the Company to benefit significantly due to its low cost of production and forecast high production margin.

[potashking] 14/6/2018 19:12

I’m still doing some due diligence on this company. I’ve just found the first red flag. They issued a press release saying mining royalties for their product would be 0.5%. This is not true.

[kreature] 14/6/2018 18:37

Wow, great buy there for £604k and a fab sign of great confidence for the future. Unless it's a worked-sell of course.

[john henry] 14/6/2018 14:20

Recent interview, HMI have sales of 100,00 Tons Lets say earnings of $45 per ton PE sector average 26.75

Earnings $4.5M X 26.75 PE ratio Approx Valuation MKT CAP $120 M Approx 90 Million sterling. Plus 10Million sterling in cash

[kreature] 14/6/2018 14:12

Check the market cap. Next stop will be bulls saying how amazing it is to be able to buy below the placing price. IMO - GL - ATB

[ypymytyc] 14/6/2018 12:35

He/she went to ground when pushed on the difficult subject of 'leaching'. But don't fret, and rest assured, it will be on the Asylum soon.
Good Luck.

[brooko19] 14/6/2018 12:29

Lol I did they were about as good as that one! good luck LMAO