Harvest Minerals Share Discussion Threads

[miahkaysor] 26/8/2016 22:42

Fortunately ive added some at 16.25p!!!Flying tomorrow morning to Dubai for a week so I have decided to put a limit sell at 50p!!!It's going to be huge!!!!!!!!!

[moormoney] 26/8/2016 19:47

Thanks for posting sja ...excellent article! That should bring more interest next week, I thought of adding a few more this morning, just wish I had now!!
Should do well next week now.

[glenkaz] 26/8/2016 18:56

Hi all have a great bh! Good day! Bring on the permit!💵8176;💶Ԍ98;

[miahkaysor] 26/8/2016 15:05

Will go crazy with permit news!!!!!!!!!

[miahkaysor] 26/8/2016 12:55

HERE WE GO!HAD A FEELING WILL TURN BLUE!!

[moormoney] 26/8/2016 12:14

Good bit of optimism this morning!! I agree with you all 30-50p. Yum yum!

[miahkaysor] 26/8/2016 10:46

CC I FILLED MY BOOTS WITH THESE!!! BEEN BUYING ON ANY WEAKNESS!!! JUST BOUGHT A FURTHER 25K @ 16.25p EARLIER!!!!ONCE THE PERMIT HITS THE MARKET WHICH IS DUE IN THE NEXT COUPLE OF WEEKS, I THINK WE CAN EXPECT TO TRADE THIS ANYTHING BETWEEN 30p-50p!no advise intended, only my opinion, dyor

[charles clore] 26/8/2016 10:37

It is down to individual choice whether to get on board before the journey commences but looking at the facts it is clear that HMI has a profitable business that is in the embryonic stage. A permit would deliver the new born baby and then we will see some real growth imho. Bearing in mind the Brazilian government is very keen to promote the fertiliser sector to help farmers grow more food I see the environmental permit arriving soon, followed swiftly by the trial mining permit.

[barnsey] 26/8/2016 10:28

This little acorn could become a large oak tree!

[johndee] 26/8/2016 10:26

Those who wait for the proof of this company having the prospects anything like SXX will be paying about 64 pence a share minimum in my opinion.

[sja123] 26/8/2016 10:22

Not to forget Mandacaru, which they only acquired last December and already have a JORC for....phosphate in this one, so a nice mix of near term phosphate and longer term potash....possibilities of joint venture with Vale on that in time....

[barnsey] 26/8/2016 10:09

Looking ahead there must be huge value re Sergi and Capela
Consider vales situation with production ending 2017 you
would imagine they would be interested.
Remember Vale is the only producer in Brazil right now and
HMI own the rights to these two potash projects.
That is a strong position to be in and hats off to the management.





Consists of Sergi and Capela potash projects.
Located in the Sergipe Alagoas Basin within 40km and 13km
from Vale’s Taquari-Vassouras mine respectively.
Taquari-Vassouras is scheduled to expire in 2017 leaving both
the Company’s Sergi and Capela potash projects ideally
positioned for a low capex development taking advantage of
the existing infrastructure.
The Taquari-Vassouras mine has been in production since 1985
and historically produced 400 - 800 thousand tonnes of K60.

[soulsauce] 26/8/2016 10:08

Fair comment jailbird.

[jailbird] 26/8/2016 10:06

potential is huge However until permits are granted and this then this becomes closer to commercializations , I am reluctant to invest here just yetOf course ppl who got in the lows, hopefully top sliced

[soulsauce] 26/8/2016 10:01

Correct ;-)

[charles clore] 26/8/2016 09:55

In other words Soul - compared to Sirius this is the bargain of a lifetime!

[jailbird] 26/8/2016 09:49

Thanks good info

[soulsauce] 26/8/2016 09:14

The short term excitement is that before the end of the year this will be producing an initial 100kT of excellent product at production cost of less than $7 per ton and selling it for upwards of $50 per ton giving a potential profit of £3m. On a PE of 10 that would be a £30m mkt cap.

But that only tells half the story. SXX who will not be producing for 3yrs and have 2bn to spend on a mine is valued at £1bn.

The CAPEX & OPEX are minimal that is where the value lies. Brazil is hungry for fertiliser products, further licencing would be a formality.

[jailbird] 26/8/2016 09:08

I am rying to understand the short term excitement...permit/licence approval of the whole area is still some time away.

I think it will take some time to see value here yet. They will raise money but will be after the the trial mine process.

[soulsauce] 26/8/2016 09:03

The trial mining and current resource is just for 3% of the area which also has more resource at greater depth too, yet untested.

If the resource at Arapua is constant throughout there is the potenetial for 30Mt from just the original depth with a value of $1.5bn @ $50 per ton (rather conservative).

HMI would need further approvals for the land and mining but the potential is huge. Add to this the other areas they have close to VALE for phosphate.

[jailbird] 26/8/2016 08:56

correct me if I am wrong.

HMI have applied for a permit licence to poduce just the trial mine area.
This is just 3% of the whole area. If this goes according to plan, then this will allow applying for the rest of the area.

[barnsey] 26/8/2016 08:49

Well after watching every video presentation and reading every article on HMI
that i can find chief executive Brian McMaster: is very happy to state that
no fund raise is needed and there is enough money to meet all expenses to first
production, so it strikes me he is dispeling the rumour at every oppertunity.

[soulsauce] 26/8/2016 08:22

Still under pressure. If there is to be a raising hopefully they will get it done asap, if not then it would be a good idea for the company to dispel the rumours altogether by whatever means.

[fission453] 26/8/2016 00:09

When the permits lands people will be fighting over the shares!This is a sure fire winner!