Harvest Minerals Share Discussion Threads

[kreature] 05/11/2016 16:02

vox..."will you need to raise cash in the mid-term"?

vox podcast. 5:50 ".........we need to be cognizant of the fact that we are constantly in the market in Brazil looking for other opportunities....and whether one of those pops up and takes our fancy in the coming period or not is yet to be determined"

Suggest you listen to the whole interview for the context.

[ieh fan] 05/11/2016 15:32

Brian said on the podcast that they would be releasing news "in the next couple of days" so monday's hardly a shock.

Oh and kreature? You're not getting a cheaper buy in price so give up the misinformation.
The company have publicly stated five times now that they do not require money from the market, aside from the CLN's which were announced in September.
Why are derampers always so myopic and uninformed?

[kreature] 05/11/2016 15:21

Placing on Monday then ?

[barnsey] 05/11/2016 14:18

Very reliable poster so for me no reason to doubt, full E mail below.

I emailed Brian ref the confusion over the trial mining. There's an RNS on Monday. See below.

Hi Brian,
Please excuse the direct email.
There's a wee bit of confusion ref the trial mining license. Is it in hand or are we still waiting?
If you get this and have a chance to reply, can I share your answer on the bulletin board?
In the event of an RNS being issued which answers this.... thanks. I feel a parasitic making money from your team's hard work - however I'm not losing any sleep over it. 😉
Kind regards,
Simon

Hi Simon

You shouldn't loose any sleep, the team and I hope all of our shareholders do well.

We have a RNS coming out on Monday which will provide an update on a variety of matters. All good we believe.

Happy for you to share this information

All the best
Brian

[fission453] 05/11/2016 13:41

Thanks barnsey, will look forward to the rns!

[whl2] 05/11/2016 12:32

thanks barnsey, wasn't aware - roll on Monday!

[soulsauce] 05/11/2016 12:04

barnsey many thanks for that ;-)

[barnsey] 05/11/2016 11:52

E Mail from chairman to Swingy on LSE website confirms good news Monday via RNS.

Hi Simon

You shouldn't loose any sleep, the team and I hope all of our shareholders do well.

We have a RNS coming out on Monday which will provide an update on a variety of matters. All good we believe.

Happy for you to share this information

All the best
Brian.

[whl2] 05/11/2016 10:59

who said there was news on Monday ?

[ieh fan] 05/11/2016 10:45

Looking forward to Monday's news and bounce.

[charles clore] 05/11/2016 10:26

I guess there must be a good chance that one of the big Brazilian fertiliser miners, faced with the prospect of their flagship mine becoming exhausted, could make a bid for HMI or part of it. There is certainly enough in the pie to cut a slice away. And when you look at the market caps of some of the competition the figures involved are mind blowing.

[barnsey] 05/11/2016 09:05

Fertilizantes Heringer flagged the tightening prospects in Brazil's fertilizer market, which faces further demand growth in the second half of 2016 – albeit not quite to record levels seen two years ago.

Deliveries of fertilizers to Brazilian buyers rose by 12.6% to a record 13.2m tonnes in the first half of 2016, according to data from industry group Anda, compared with a flat supply of imports, and a 2.2% drop in domestic production.

[barnsey] 04/11/2016 20:54

We will find out on Monday, all good i understand.

[andy] 04/11/2016 20:32

There's always one last approval required.

Let's hope it's quick.

[kreature] 04/11/2016 17:42

a federal stamp (tick of approval) is required for approval of the federal approval by the federal department?

00:45

[shakeypremis] 04/11/2016 17:30

I'm sure they could be persuaded for a little discount.

[kreature] 04/11/2016 16:57

shakey...although there are no customers yet (no off-take agreements yet). So I suppose its a case of hope and pray that impoverished locals want to change suppliers?

[charles clore] 04/11/2016 16:02

Where do these creatures slither out from? I don't think he stands a hope in hell of making anything by shorting this. Imho he is one crazy muddafukka!

[shakeypremis] 04/11/2016 16:01

You are right Kreature. They seem to already have the trial license:

2:56 in to the Vox market podcast (not latest video) Brian McMaster can be heard saying the following:

"We currently have, State, Federal and Municipal permits in place for trial mining period of 4 years at a rolling 50k tonnes per annum, which in reality means circa 400k tonnes per annum for four years."

[kreature] 04/11/2016 15:50

Podcast 2:55

"State, Federal, and Municipal permits are in place for a trial mining period of 4 years"

warrants......were they that significant? - will take a look

[shakeypremis] 04/11/2016 15:46

It is not delayed. They were due to start AHEAD of schedule at the end of October but now they are going to start ON SCHEDULE mid-november due to expansion of stockpile and plant area.

I am as wary as the next person when it comes to believing management claims but what else do we have to go on exactly?