Harvest Minerals Share Discussion Threads

[ypymytyc] 28/2/2021 05:35

Would they ever find out, how will they know?

Harvest might be missing their boat here:



Sugarcane results still not on the Kpf... website for farmers to see.
Why not, is there something wrong with them?

Put a link on the Kpf... website to the London Stock Exchange RNS - best chance for multilingual Brasilian farmers.

YP

[kreature] 27/2/2021 23:43

Seriously though, what farmer would swap a carefully chosen traditional fertiliser, for a rock dust of fixed ingredients. What are the chances of it miraculously matching the deficiencies of a farmer’s soil ffs?

[whl2] 27/2/2021 16:37

So nothing to do with Harvest then

[ypymytyc] 27/2/2021 12:10

Indeed, and through the years, >CAD$50million, the share price is at least at the IPO price.

Was it 20p when Harvest listed on AIM?

YP

[kreature] 27/2/2021 10:34

A drop in the ocean I suppose

[ypymytyc] 27/2/2021 03:38

No, LSE/Burton red lies!

Here's a recent one for that company from Stockouse Bullboard:



“MORAL HARRASSMENT

However, the majority of this Panel understood that the documentary and testimonial evidence revealed that Cristiano Botelho Veloso treated managers, including the Claimant, with intimidation and pressure, communicating with them in a stormy and aggressive manner.
The atmosphere in the company was tense since Mr Veloso returned from UK to Brazil in 2012, as he started to exercise what is called stress and intimidation management. In this context, by a majority of the Panel, moral damage was configured, and the reparation was granted to the Claimant, fixing the amount of compensation at $100,000, an amount compatible with the damage suffered, characteristics of the parties involved and time lapse of embarrassment.

CONCLUSION

The Regional Labor Court of the Third Region, in an ordinary session of its Seventh Panel, held today, judged the present case and, unanimously and, on merit, by majority of votes, granted the Claimant's Appeal to grant indemnity for moral damage in the amount of $100,000”.

FERNANDO ANTNIO VIGAS PEIXOTO
Judge

End

YP

[whl2] 26/2/2021 22:42

Is that your company quisad ?

[ypymytyc] 26/2/2021 05:08

It's appeals all over!



The recent placing and share sale at Jamgamba may soon require more extensive consultations?

YP

[kreature] 25/2/2021 19:42

Perhaps Agro will win a nice payout from hmi shareholders to stay consistent with the geociclo lump of cash getting flushed down the toilet here? Not forgetting all the other generous hmi payouts?

[ypymytyc] 25/2/2021 15:47

The Agrocerrado appeal just getting started, could it be the Harvest auditor was right?



YP

[ypymytyc] 24/2/2021 05:33

An appeal by Agrocerrado!

Wonderful stuff.

YP

[ypymytyc] 24/2/2021 05:14

Lots of pools showing at the mine site, good for the patos?
The farm seems to be getting smaller, never really a good spot to be growing stuff with all that dust flying around?

Track from the mine down to the feeder unit looks like it's now being used (changed colour).
Are they making dust, or have they just finished the conveyor connection and testing?

YP

[ypymytyc] 21/2/2021 17:31

Nope.

Harvest Relinquish Capela?
…Capela Potash Project Agreement (as defined in the Company's AIM Admission Document)…
Six tenements acquired by Triumph Tin (TRI/HMI) 28 August 2014 from ‘the Vendor’. They never said whom in the ASX release at the time – no prizes for guessing though!

Can’t be bothered going through all six so I picked the first in the list '878.103/2008'.
According to ANM basic process data, 878.103/2008:
Has never been transferred to Triunfo Mineracao…Ltda
4 Sept 2015, two days after the publication of the admission document a negative research report FER was submitted (assuming by ‘the Vendor) to the then DNPM, who then gazetted its rejection 17 May 2016.
14 June 2016 – tenement availability notice
9 August 2016 – tenement 'available' gazetted
16 August 2016 – tenement 'available'
Scroll forward 3 years to 6 December 2019 and along comes a company called Triunfo Mineracao….Ltda, headed by Lius Av.. submit to ANM a requirement, plan, etc…. to proof of fees, for a research permit on the very same area that was previously tenement 878.103/2008 with a negative FER but now ‘available'
Now given the new process No. 878.077/2019, a three-year research permit was awarded and gazetted 21 February 2020 to Triunfo Mineracao…Ltda.
Strange how the accompanying research plan document provided by Triunfo… failed to mention any previous knowledge of the particular area/tenement.
Relinquishing - 11 months later, Triunfo…. filed a waiver of the research permit.
As the waiver request was made within 1/3 of the research permit period the waiver is accepted without the mandatory requirement to provide a partial or final research report.
That was lucky!
Similar for 3 other new processes 878.078, 079 & 080/2019.
I suppose relinquishing these 4 new processes will save some money on the FERs not to mention TAH payments are not required. With a total of 5,458 ha the TAH amount to R$20,194.41 in the second year alone. Enough at the very least, to have the doors fitted to the new shed.

LOL - can't wait for the 'Sergi Potash' conclusion!

YP

[madmonkflin] 20/2/2021 15:17

Go back to LSE

[ypymytyc] 20/2/2021 13:32

Jul 2020 - 'Harvest has observed that sellers of other remineraliser products have been heavily discounting prices to encourage volumes....'

Not quite the case now? Was it ever?

One of these local 'sellers' doesn't seem to be following last years take on things, they're selling at R$299 ton, min 14 tonnes which includes delivery within MG.
Their sales website does also offer delivery to surrounding states for min 37 tonnes.
Even looks like their own shinny new delivery vehicles?
Get a lot of those orders will keep them busy.
Why don't HMI do this?
Are they just looking for the big orders?
Methods of payment: Boleto (Triunfo use that to pay ANM), Mastercard, VISA and something called Pay Pal. No Banco do Brasil though.



Worth a look?

YP

[kreature] 19/2/2021 23:21

7.5 Reais to every quid. So great for exports.

[ypymytyc] 19/2/2021 18:23

It might be 'cash only' soon?

YP

[kreature] 17/2/2021 13:35

Probably just means that HMI clients can get credit with HMI shareholders effectively being the guarantor on defaults ? Brilliant really, especially if they can get credit without bothering to buy any dust?

[roguetreader] 17/2/2021 11:01

Jailbird
I'm no expert on Credit Agreements between Vendors, Customers and Banks especially in Brazil, so I don't understand what role / obligation HMI have with any credit lines that are taken up as part of this agreement. The way I have read it is the credit line will be between the customer and the bank and not with HMI, however unless HMI clarify the details of the agreement it is totally clear to me whether HMI have any commercial exposure.
RT

[ypymytyc] 17/2/2021 10:47

TerraMagna (prepayment/credit) is the way forward for Farmers in Brazil, not Banco do Brazil!

DYOFR

YP

[jailbird] 17/2/2021 10:40

I am cautiously turning positive in this one now.But not jumping in yet.I think dilution may be over , but Co is looking to take on debtAgreement with Banco do Brasil - An agreement has been signed with Banco do Brasil, whereby Harvest's clients will now be able to access the bank's rural line of credit to fund their orders of KP Fértil(R) up to a total amount of R$5.0 million per client (about US$1.0 million). It is expected that with the continuous relationship with Banco do Brasil, the size of the line of credit should increase over time. Banco do Brasil is the country's largest provider of rural credit to the giant Brazilian agriculture industry. The benefit of the line of credit to Harvest is threefold: not only will it assist the sales strategy of the Company's commercial department by providing an important marketing tool to offer clients, but it will also provide additional working capital flexibility with a decreased credit risk profile of its clients' portfolio.

[ypymytyc] 17/2/2021 10:33

But it will be read?

Keep lookin!

YP

[whl2] 17/2/2021 09:46

Take a wild guess

[kreature] 17/2/2021 09:44

How come no one wants to post on this thread?