Harvest Minerals Share Discussion Threads

[barnsey] 26/8/2016 10:28

This little acorn could become a large oak tree!

[johndee] 26/8/2016 10:26

Those who wait for the proof of this company having the prospects anything like SXX will be paying about 64 pence a share minimum in my opinion.

[sja123] 26/8/2016 10:22

Not to forget Mandacaru, which they only acquired last December and already have a JORC for....phosphate in this one, so a nice mix of near term phosphate and longer term potash....possibilities of joint venture with Vale on that in time....

[barnsey] 26/8/2016 10:09

Looking ahead there must be huge value re Sergi and Capela
Consider vales situation with production ending 2017 you
would imagine they would be interested.
Remember Vale is the only producer in Brazil right now and
HMI own the rights to these two potash projects.
That is a strong position to be in and hats off to the management.





Consists of Sergi and Capela potash projects.
Located in the Sergipe Alagoas Basin within 40km and 13km
from Vale’s Taquari-Vassouras mine respectively.
Taquari-Vassouras is scheduled to expire in 2017 leaving both
the Company’s Sergi and Capela potash projects ideally
positioned for a low capex development taking advantage of
the existing infrastructure.
The Taquari-Vassouras mine has been in production since 1985
and historically produced 400 - 800 thousand tonnes of K60.

[soulsauce] 26/8/2016 10:08

Fair comment jailbird.

[jailbird] 26/8/2016 10:06

potential is huge However until permits are granted and this then this becomes closer to commercializations , I am reluctant to invest here just yetOf course ppl who got in the lows, hopefully top sliced

[soulsauce] 26/8/2016 10:01

Correct ;-)

[charles clore] 26/8/2016 09:55

In other words Soul - compared to Sirius this is the bargain of a lifetime!

[jailbird] 26/8/2016 09:49

Thanks good info

[soulsauce] 26/8/2016 09:14

The short term excitement is that before the end of the year this will be producing an initial 100kT of excellent product at production cost of less than $7 per ton and selling it for upwards of $50 per ton giving a potential profit of £3m. On a PE of 10 that would be a £30m mkt cap.

But that only tells half the story. SXX who will not be producing for 3yrs and have 2bn to spend on a mine is valued at £1bn.

The CAPEX & OPEX are minimal that is where the value lies. Brazil is hungry for fertiliser products, further licencing would be a formality.

[jailbird] 26/8/2016 09:08

I am rying to understand the short term excitement...permit/licence approval of the whole area is still some time away.

I think it will take some time to see value here yet. They will raise money but will be after the the trial mine process.

[soulsauce] 26/8/2016 09:03

The trial mining and current resource is just for 3% of the area which also has more resource at greater depth too, yet untested.

If the resource at Arapua is constant throughout there is the potenetial for 30Mt from just the original depth with a value of $1.5bn @ $50 per ton (rather conservative).

HMI would need further approvals for the land and mining but the potential is huge. Add to this the other areas they have close to VALE for phosphate.

[jailbird] 26/8/2016 08:56

correct me if I am wrong.

HMI have applied for a permit licence to poduce just the trial mine area.
This is just 3% of the whole area. If this goes according to plan, then this will allow applying for the rest of the area.

[barnsey] 26/8/2016 08:49

Well after watching every video presentation and reading every article on HMI
that i can find chief executive Brian McMaster: is very happy to state that
no fund raise is needed and there is enough money to meet all expenses to first
production, so it strikes me he is dispeling the rumour at every oppertunity.

[soulsauce] 26/8/2016 08:22

Still under pressure. If there is to be a raising hopefully they will get it done asap, if not then it would be a good idea for the company to dispel the rumours altogether by whatever means.

[fission453] 26/8/2016 00:09

When the permits lands people will be fighting over the shares!This is a sure fire winner!

[bckttsim] 25/8/2016 21:40

Harvest Minerals: With a 300% rally the AIM share is no slouchIf it wasn't for the stellar rise of Sirius Minerals this very write-up would likely have begun with 300 words on Harvest Minerals Limited (LON:HMI).After all its shares are up more than 300% in what would normally be a summer trading lull through July and August.Last month, the Brazil-focused potash explorer told investors that new resource estimates at the Arupua project, following a drill programme on only 3% of the property, were sufficient for the company to green-light plans for a trial mining operation.Harvest Minerals soon after revealed the positive findings of a scoping study which underlined the economic potential of developing Arapua.In the words of chief executive Brian McMaster: "The project's where we wanted it to be."There are still some hurdles to be cleared, but none that McMaster thinks are insurmountable."We're finalising the process for our permitting," he says. "It's not a complicated process and the government has just gazetted a plan to make fertiliser projects a priority. We've got to retain a contractor and we've got a quote on the desk already."What it adds up to is that first production from trial mining is likely to take place before the rains set in this November."We'll do 100,000 tonnes in the first run under the terms of our trial mining license."

[saturn5] 25/8/2016 20:02

soulsauce

SMA in doubt
PXOG looks to be a go
88E looks good
REDS looks good

Check them out

[charles clore] 25/8/2016 15:58

SXX has risen phenomenally over the past few months but with a market cap of well over a billion pounds, no income, high costs and a complex route to production I really don't know how 45p a share can be justified. I know which potash company I will stick with. My motto - KISS (keep it simple stupid)

[soulsauce] 25/8/2016 15:53

saturn5 SMA for a punt, PXOG for a rise up to drilling.

[saturn5] 25/8/2016 15:15

sp will start to rise.

I didn't realise that pump and dump was done by shorters to get in at the
high price and then get out again.

All miners are down FRES POLY AND HOC.

Any suggestions for shares worth looking at?

TLOU looks good and of course SXX

[fission453] 25/8/2016 11:36

anyway I'm concentrating on 88E!

[fission453] 25/8/2016 11:34

Even shareprohets are neutral on this!

[andrbea] 25/8/2016 09:14

Aug 18

While U.S. farmers fret about tight margins, Brazilian growers are spending, buying record volumes of fertilizer in 2016.
Fertilizer deliveries in the first seven months are up 10.4% on the year at 16.5 million metric tons (mmt), according to the Brazilian Fertilizer Distributors Association (ANDA).
Favorable terms on the purchase of fertilizer and other inputs in return for delivery of the future crop has led to a rush of deals ahead of the 2016-17 planting season.
The figures reinforce ideas that Brazilian farmers will expand the soybean and corn area in 2016-17 and that farmers are once again investing in crops after limiting spending last year. Soybeans and corn account for 60% of Brazilian farm input sales.

[charles clore] 25/8/2016 09:10

It would be nice if someone could post the gist of the sharesmag article.