Harvest Minerals Share Discussion Threads

[ypymytyc] 10/2/2020 13:34

According to ANM website. the FML process is now closed, nothing to add and full visual access.

My guess is Mining Ordinance by 5th March 2020 and DOU publication 17th March 2020.

Hope they get the RNS timing right this time, don't want any mis-haps like GUIA Dec 2016?

YP

[ypymytyc] 10/2/2020 12:03

These days I tend to ignore any figures provided by HMI as they are never as clear cut as the first appear IMO.

Can't ignore this though, from a document 'Parecer Tecnico' prepared by the ANM (MME) 13/12/2019 in consideration of the FML:

O documento SEI (0855372) é um relatório de "Arrecadação Detalhada", emitido pela "Diretoria de Procedimentos Arrecadatórios". Comprova a produção crescente da Triunfo Mineração, a partir de outubro de 2017 até outubro de 2019. O relatório confirma ainda o recolhimento da CFEM por parte da mineradora.

Google translate:
The SEI document ( 0855372 ) is a "Detailed Collection" report, issued by the "Collection Procedures Directorate". It proves the growing production of Triunfo Mineração, from October 2017 until October 2019. The report also confirms the mining company's collection of CFEM.

'It proves the growing production.......'

That one IS clear cut.

YP

[kreature] 09/2/2020 14:06

Where are you getting 50kt from for last year? Nov 2018 through to and including October 2019 was 24,519 tons according to the numbers published at the ANM website.

[whl2] 09/2/2020 10:56

The costs are inversely proportional to sales Harvest. Sales would need to be 90-100kt this year for production costs to be 10 dollars. Obviously we would all like, and hope, it to happen

[harvestminerals] 09/2/2020 07:34

Your figures don’t add up Kreature. Firstly, last year we sold approx 50,000 at 210BRL. This year will be significantly more. Costs per tonne expected 10dollars.

[kreature] 09/2/2020 00:57

£22 p/t after the current £14 cost ? x c 25kt reported for last year ? Double it to say 50kt this year, £1.1m ? minus the one-offs for extra rom space and the extra test field, and the 1.8m loss last year? Minus the vendors $1m? equals, a placing?

[harvestminerals] 08/2/2020 22:48

That’s a good point Cyber. Some of the one off costs will be just that. I have annual expenses at 1.8M. The product will cost 10usd and sell for 50usd. This is conservative and assumes production figures around 200ktpa. That mean profit approx $6.2M USD.

[ypymytyc] 07/2/2020 17:55

Soon, back on track!

YP

[kreature] 07/2/2020 12:07

carnival season now isn’t it?

[ypymytyc] 06/2/2020 19:37

Fast workers them 'DG Tech Advisory'!

YP

[ypymytyc] 06/2/2020 19:26

That improvement may well come from sugarcane.

Almost all the sugarcane produced in Brazil is used to make biofuel and the waste is used as biomass to produce electricity. The main fertilser used for sugarcane is potassium chloride (KCl) so burning the biomas throws out chlorine, a harmful greenhouse gas. The KPfe.... dust contains potassium oxide, no chloride.

YP

[kreature] 06/2/2020 18:44

I've given up on the agroceridi thing after that interview, although I have to trust HMI to improve value for shareholders eventually. Not sure how they can meet the complex chemical requirements of farmers without blending with traditional fertilisers though.

[ypymytyc] 06/2/2020 18:18

As I understand it, Drumon Pinheriro the Commercial Manager, came from Agrocerrado.
Who knows, he could be part of the deal with Agrocer....o?

YP

[kreature] 06/2/2020 16:52

If 100 sales agents at agrocerada couldn't shift it, what hope is there for 8 direct sales staff trying to shift it with a full licence? Common sense tells me that the chances of the fertil containing all of the ingredients of a farmers existing fertiliser are slim to none. imo.

[ypymytyc] 06/2/2020 15:56

Now sent to GAB-DG, that's a new one.

YP

'Where?' ? - CNC III Building - Bairro Asa Norte, Brasília

[ypymytyc] 06/2/2020 15:22

Received by SG!

YP

[whl2] 06/2/2020 11:11

Cue miton rns re holding

[kreature] 05/2/2020 19:52

The poor drone operator must have walked all the way up to the open pit, and then forgot to video the majority of it? Looks like it must have been lunchtime again, so perhaps that's why?

[ypymytyc] 05/2/2020 14:19

Received by SPM, will they work quicker than COTIL?

YP

[kreature] 04/2/2020 21:46

o/t if it's not one thing, it's another,

[kreature] 04/2/2020 12:16

No idea. Perhaps its a note to self ?

[ypymytyc] 04/2/2020 11:58

'inside information'?

Inside what?

YP

[roguetreader] 04/2/2020 11:02

The Miton effect:



RT