Harvest Minerals Share Discussion Threads

[janestone] 22/9/2016 13:11

No one. Edwards haven't bought or sold but their shareholding has slipped to under 23% because of the extra shares in circulation. This is a non event.

[mrphiljones] 22/9/2016 13:06

Who's selling not adding....

[soulsauce] 22/9/2016 13:02

Wow that's a large holding.

[fission453] 21/9/2016 14:42

Permit award is coming soon! Get in there!!!

[brutus8] 20/9/2016 17:07

Hi Charles. Sorry I missed that wire. Have been busy collecting 2013 freedom girl coins from the states. Not many left now but you'll probably find them on ebay once the price is right. Lol

[soulsauce] 20/9/2016 16:50

One only needs to look at the outfit from where the new chap has come from (I posted the link earlier) Brazil is hungry for fertilizer products.

I think some may have missed that he was in marketing and will no doubt have a ready client base.

[janestone] 20/9/2016 16:47

Would countries really be importing fertilizer to Brasil if they weren't paying for the product?

[charles clore] 20/9/2016 12:16

brutus, perhaps you missed the RNS of 16th September. Well worth a thorough read.ARAPUA FERTILISER PROJECT UPDATE - APPOINTMENT OF MINING CONTRACTORHarvest Minerals Limited ("Harvest" or "the Company") is pleased to announce the appointment of DK Transportes, Demolição e Locação Eireli ("Eireli") as the principal contractor at its Maximus Phosphate Project, located in the Brazilian state of Minas Gerais.Eireli's contract comprises two stages, namely:-- Stage 1 - relating to civil works including construction of site access and the stockpile areas and also including removal and stockpiling of the overburden from the planned open pit. This work is expected to take approximately 30 work days to complete; and-- Stage 2 - relating to the mining and stockpiling of an initial 50,000 tonnes of ore. This work will commence immediately once the Trial Mining permit has been granted. This stage is expected to take approximately 40 work days to complete.Eireli is currently mobilising the required equipment and personnel and is expected to commence work at the project site within the next seven working days.Executive Chairman of Harvest, Brian McMaster, commented: "The award of the Environmental License last week allows Harvest to commence the initial civil groundworks in preparation of mining. With the appointment of Eireli, we will now begin constructing the site access, preparing the ROM pads and stripping the overburden. The completion of this is expected to coincide with the award of the Trial Mining permit, allowing us to start production around the end of October, well ahead of schedule."

[brutus8] 20/9/2016 12:16

Try the July 18th 2016 pdf to give you some insight.http://www.potashcorp.com/news/brazil/recent/1/

[brutus8] 20/9/2016 12:08

Hi Charles. Sorry I did not mention it to him. They have a little interest in agri but his speciality is luxury instrument creation. His current fund runs at 8% which certainly kicks the banks in the teeth.I fully agree with what you say but let me give you an example. I am currently still kicking myself for not diving in on ticker SEPU when it crashed to 10 pence and had I , today I would have sold. The Co got hit by another profit warning and Brasil was very much one of the culprits. The only thing keeping interest is a possible takeover but I think the bidders are more likely to go for the bond holders.The moral of the story here I think is this; no matter how great your product, if you don't get paid then the value is always zero. That is why some information (concrete) on Government is really necessary here. If we take farmers in the UK initially they were nervous of lost funds from the EU but our Gov quickly stepped in with reassurance. A similar signal would be greatly appreciated in this instance but we are cross boarder so entirely in the hands of the CEO and what he is prepared to say. I take it for now that contract proposal is still sitting on his desk collecting dust and that unfortunately is how Latino countries operate. Laid back to the core.

[sja123] 20/9/2016 11:47

If Brazil is already the fourth largest user of fertilizer in the world and imports 90% of what they use at present, someones paying for it....

[charles clore] 20/9/2016 11:15

Hi brutus I hear what you are saying about the Brazilian economy but the CEO doesn't seem to think that there will be any problem getting paid for the product and I would be very surprised if someone that savvy had slipped up on such basic market research. Perhaps HMI with such a vast resource to tap into will be exporting as well.Did your brother ever take a look at Sirius? Now that has a big enough market cap to make it worth his while and might give some useful pointers for us.

[cyberbub] 20/9/2016 11:00

Brazilians might be poor on average, they may not have Porsches, but they still need to eat.

[brutus8] 20/9/2016 10:28

I think what has happened here is that the appointment of this greatly qualified Italian individual is going to immediately take 1/4 of the 400k raised and put it in his pocket. I hope he buys some silver with it.Charles; my brother got back to me and said this Co is too small for them and I don't think the analyst really bothered since the answer he gave me I actually found myself on Google. What must be concidered however is the fact that Brasil is still in recession which means clients have difficulty paying on time and let's face it; farmers are not exactly the wealthiest people. Need to really find out how supportive the Brasilian gov. would be to farmers in order to pay the bills. The outlook for potash according to the July report from one of the biggest exporters in Brasil, is that the demand is there, China & the Saudi should start increasing their demand and the US also but we are localised and will be serving a domestic market that has no cash to drive expansion so really the focus should be on this new president and how he intends to help the farmers and right now I have no idea how to get that info.That's my 2 penny's worth.

[sja123] 20/9/2016 10:12

Bear in mind also that they have said they intend to prove up more of the Arapua acreage this year in order to increase available product....

[sja123] 20/9/2016 10:09

It's not really a mystery...

1. Miton are reducing their holding...now below 5% but more than four million still held. They may be taking it down to 3% or exiting altogether...

2. no volume of buyers at the moment, possibly buyers waiting for Miton to leave or a lower price...

It presents a great opportunity for savvy investors to get in but in reality, we won't move ahead until the seller has cleared..

Holders know that over the next twelve months, they're going to be making loads of cash and value will increase...

Post below from LSE gives the true value here:

"Trial mining permit will grant the rolling 50kt
Rolling 50kt is essentially unlimited (ie Govt effectively saying just start producing now because we need the product).
Contractor can scoop it out at 50kt every 40 days.
Market will take it as fast as we can produce it provided we sell it at a competitive price.
(365/40)*50kt = 456,250tonnes per annum.
Let's say there's some teething issues, storage transport and retail and go for 350ktpa
We sell it at $50/t (remember, top dollar is $100+) and it costs 10/t to produce all in.
That's 40*350= $14,000,000 EBITDA
Corporation tax 34% in Brazil but we might get a deal on that.
Money in bank $9.24M per annum plus whatever a clever accountant can generate and all this based on just 3% of the acreage of just one of HMIs projects.
All this starts next month.
A simplistic view but it's a simple operation"

All IMO etc

[babbler] 20/9/2016 10:05

Milton still selling. Simple really. Once done....

[soulsauce] 20/9/2016 09:07

I don't think it goes down with every RNS. The problem is that warrants are being worked through which may be causing a bit of weakness.
Whichever way you want to read it, this company is doing all the right things building to production without dilution and getting the right people in place.

What we are missing at the moment is some vision as to profits but they have already given us ball park figures of circa $50 per ton profit.

[talkman2] 20/9/2016 09:02

With every RNS the share price goes down . Not sure how to read all this . Very strange .

[soulsauce] 20/9/2016 08:43

Strange reaction today sounds like this chap could be worth his weight in gold, a fertilizer specialist on board to optimise product and I would assume achieve the best price.

[soulsauce] 20/9/2016 07:42

All coming together nicely ;-)

[someuwin] 20/9/2016 07:35

20 September 2016

Harvest Minerals Limited

("Harvest" or the "Company")

ARAPUA FERTILISER PROJECT UPDATE

Harvest Minerals Limited ("Harvest" or "the Company") is very pleased to announce that it has appointed Dr. Eduardo Spolidorio to work on product development and marketing for its Maximus Direct Application Natural Fertilizer (DANF) Project, located in the Brazilian state of Minas Gerais.

Dr Spolidorio has been retained as a consultant and will work to develop and implement Harvest's current and future agronomic studies as part of the previously announced work being conducted with the Brazilian Ministry of Agriculture, Livestock and Supply (MAPA). In addition, he will be working with the Company on product optimization and marketing for our planned customer base.

Dr Spolidorio has outstanding credentials including a Masters Degree and Ph.D in Nuclear Energy in Agriculture, with an emphasis on mineral nutrition in plants, and a Bachelors Degree in Agronomic Engineering. In addition, Dr Spolidorio has an extensive career in the fertilizer industry over the past 20 years including 12 years as an Agronomist Engineer with Honeywell and more recently as the Marketing Manager at Verde Fertilizantes.

Executive Chairman of Harvest, Brian McMaster commented, "We are delighted to welcome Dr. Spolidorio to our team at Harvest. Dr. Spolidorio's strong agronomic expertise will complement our current skill set especially as we expand our knowledge and develop products to meet customer demands. Building out our team is an exciting development and we welcome Dr Spolidorio's experience and expertise"

[charles clore] 16/9/2016 19:19

Thats right Soul - mine! Lol

[soulsauce] 16/9/2016 18:09

Strange performance today given the great news but I expect the warrants are still playing a part, however I reckon those shares are being hoovered up in to safe hands.