Harvest Minerals Share Discussion Threads

[mesb48] 30/6/2021 12:11

Having gone through them in more detail, not liking these results all that much to be honest.

Average selling prices per tonne don't seem to be at the level needed to support that 40K tonne breakeven point, think we are going to have to wait a bit longer to get there.

Also don't get why trade debtors have not gone up if sales revenue exceeded cash receipts from customers. At the very least there are some significant exchange rate impacts in play that are not being openly explained.

[kreature] 29/6/2021 22:30

Has dust taken off in Brazil yet ?

[varies] 29/6/2021 11:24

sciper
I fear that you are right in suggesting that any benefits from successful trading would go to the directors in fees etc rather than to us humble shareholders. They are already paying themselves very large salaries

[mesb48] 29/6/2021 09:39

a little mention on this morning's VSA morning miner podcast

hxxps://soundcloud.com/user-596578261/vsa-capital-morning-miner-290621

[ypymytyc] 29/6/2021 08:56

Does anyone know when the audited accounts will be available?

YP

[sclper] 29/6/2021 08:23

This is what he said about 2020 in a previous RNS:
Brian McMaster, Chairman of Harvest, said: "We adjusted our sales estimates to 50,000 tonnes, which represents a maiden profit, and it is extremely encouraging to sell in excess of that target."

So he said there was a maiden profit but compare that to the reality in the 2020 accounts which show a $5.7m loss.

The company would have to sell a huge amount to make a genuine profit but even if it does that, the directors would increase their awards so very little would actually trickle down to shareholders.

[sclper] 29/6/2021 07:47

I thought HMI was supposed to have made a profit in 2020? The accounts show a $5.7m loss. McMaster cannot be trusted and the directors continue to milk the company via huge accounting and consulting fees

[elited10] 29/6/2021 07:33

Nice update

[ypymytyc] 24/6/2021 11:06

Wasting the Brazilian courts time and shareholders money is becoming quite common practice?
Good that they've got Azevedos FFA legal on the job, must be some savings there?



The first few lines says it all. LOL

YP

[ypymytyc] 21/6/2021 19:09

Seems the Triunfo flagship speculative cement prospect has been paid for. Works out at just under £300.00 but I wonder just how much more it will cost?
Not too bad considering the Sergi, Capela and Mandacaru worthless assets cost Harvest over AUD$1,000,000 in cash and ~30,000,000 free shares.



YP

[ypymytyc] 18/6/2021 17:26

The solar installation won't help if there's no power but a good job they got the loan in good time.
I wonder how much has been 'drawn-down'?



YP

[madmonkflin] 18/6/2021 08:12

You dont know sweetfa

[ypymytyc] 17/6/2021 17:53

Votorantim Cimentos S.a.

They know cement, they know Aglime, they walked!



YP

[ypymytyc] 17/6/2021 08:28

Really?

Complete history of events copied from 'Dados do Processo' ANM website basic data:

NUP: 48403.831566/2013-01

TitularRequerente 01.637.895/0001-32 Votorantim Cimentos S.a.

Eventos:
2293 - DISPONIB/ABERTURA DE PROCESSO DECLARADO PRIORITÁRIO PROTOCOL 07/06/2021
2468 - DISPONIB/LEILÃO ELETRONICO AREA PARA PESQUISA 11/03/2021
2338 - DISPONIB/EDITAL OFERTA PUBLICA PARA PESQUISA 29/12/2020
2275 - APTO DISP/ÁREA APTA PARA DISPONIBILIDADE 14/12/2020
318 - AUT PESQ/RELATORIO PESQ NÃO APV ART 30 II CM PUB 06/02/2018
795 - AUT PESQ/RELATORIO PESQ NEGATIVO APRESENTADO 28/08/2017
264 - AUT PESQ/PAGAMENTO TAH EFETUADO 30/11/2016
264 - AUT PESQ/PAGAMENTO TAH EFETUADO 02/12/2015
264 - AUT PESQ/PAGAMENTO TAH EFETUADO 30/12/2014
209 - AUT PESQ/INICIO DE PESQUISA COMUNICADO 31/10/2014
323 - AUT PESQ/ALVARÁ DE PESQUISA 03 ANOS PUBL 01/09/2014
100 - REQ PESQ/REQUERIMENTO PESQUISA PROTOCOLIZADO 04/06/2013

YP

[source] 16/6/2021 09:23

Thanks Harvest, interesting times. Their end markets are certainly jumping & they have a very price/quality competitive product that's also much more environmentally friendly than current fertilisers...Should all help build sales well. Regards,

[kreature] 16/6/2021 08:06

NPK values ?

[harvestminerals] 16/6/2021 08:01

K P CA and Mg

[harvestminerals] 16/6/2021 08:01

K p ca and my which when used with composting will regulate the acidity towards neutral and reduce bulk density. Local farmers are struggling with drainage in the rainy season. Sugarcane doesn’t tolerate poor porosity. KP Fertil solves all these issues for a fraction of their current costs. For some farms additional acidity regulation may be required

[kreature] 16/6/2021 07:33

“ KPFERTIL is perfectly positioned both in terms of requirements ”

What are the requirements? Thanks