Harvest Minerals Share Discussion Threads

[sja123] 15/9/2016 08:11

Price appeared to be manipulated yesterday to enable a few large buys to go through under 20p....wonder if we'll have more of that today....when news drops they may find it a more difficult task!

[fission453] 14/9/2016 11:34

Not long to go before Harvest minerals start producing!

[johndee] 14/9/2016 10:46

Did I read that wrong, thought they had just dropped below 10%?????????????????????????????????????

[dice1950] 14/9/2016 10:33

miton over 10% now

[lastdrop] 13/9/2016 17:15

#HMI Deutsche Bank forecasts a wave of industry mergers .

[charles clore] 13/9/2016 17:04

I expect quite a few big players will be asking the question 'why the hell don't we have a presence in Brazil? Is there anything out there that we can buy?'

[tinker10] 13/9/2016 15:32

hxxp://www.wsj.com/articles/canadian-fertilizer-giants-agrium-and-potash-agree-to-merge-1473676785

Sector news which may be of interest.

[sja123] 13/9/2016 15:18

Indeed, personal choice.....however, I fail to see much relevance in posting SXX on this board....they're not really similar in product, time-frame, mkt cap, geography, markets etc....chalk and cheese.....an irrelevance imo....

[soulsauce] 13/9/2016 15:16

Good posts CC.

[adiekirby1] 13/9/2016 15:15

Surely the more investors.....the better the share?? No?

[charles clore] 13/9/2016 15:09

Adie - each to his own. You have done your research and made your choice. Good luck and no disrespect to you or any other SXX holder.

[adiekirby1] 13/9/2016 14:56

I'm happy with both...!

[charles clore] 13/9/2016 14:54

I am more interested in a company that is actively engaged in making a profit in 3 months time than one that sits on huge assets with an inflated market cap and will not produce a cent for several years. That is why I am invested in HMI and do not hold SXX.

[charles clore] 13/9/2016 14:47

Another question for you John. How many years will it take Sirius to pay back the £3.9bn mine development costs? And how much will they be setting aside from profits for mine closure costs?

[charles clore] 13/9/2016 14:42

John, lets cut to the chase here. What are the Sirius projected earnings for each of the years 2016-2021? If you don't know then give me your best guess. Thanks.

[johnwise] 13/9/2016 14:38

With a ‘buy’ recommendation and a 75p price target, Shore Capital suggests almost 90% upside to the current Sirius Minerals share price of 39.40p.

York Potash Project - from Mine to Port

[charles clore] 13/9/2016 13:32

Of the two companies HMI is the one to invest in now as it is so close to production and has so far uncovered only a fraction of its potential resource. This is a beautifully simple operation and in many ways superior particularly in terms of time to production and will easily outperform Sirius on ais cost per ton and possibly even volume of production.

[sja123] 13/9/2016 13:13

It also often goes overbought imo....as in now....SXX £920m mkt cap and years from production....HMI is the right company in the right place at the right time with the right product for huge govt backed markets right on it's doorstep and a few weeks away from initial sales....

SXX may have it's merits but that ship sailed long ago....the type of people who invest in HMI wouldn't bother with something that size imo....I certainly wouldn't...

All imo etc

[babbler] 13/9/2016 13:11

Great. Post that on six. Not sure 1bn mcap I us under emphasised but hey...

[johnwise] 13/9/2016 12:51

Sirius’s North Yorkshire Polyhalite project often go underemphasised

[andy] 13/9/2016 12:48

J9hn,

Why is it necessary to come here and attack this share though?

If you're happy with Sirius, and people here are happy with Harvest, what's the problem?

I would suggest these are two very different beasts, and this one may well reward in the shorter term, Sirius in the longer term.

Any0ne nifty may be able to make capital from both..........

[johnwise] 13/9/2016 12:44

The Sirius plan is the mine will initially produce 10 million tonnes of polyhalite a year, though there is the capacity to double output.

The cost to generate these 10 mln tonnes is put at US$3.56bn, with the financing done in two tranches, and talks with potential funders were “well developed”, the firm said last month.

[soulsauce] 13/9/2016 12:36

Johnwise you are missing something old chap, Brasil is trying to cut importing fertilizer products and instead use home produce product hence the beauty of this.

And when will SXX be producing your polyhalite? 2021? Lol.

[johnwise] 13/9/2016 12:26

Potash is history, polyhalite will be the farmers first choice because unlike potash polyhalite contains 4 of the essential nutrients essential for healthy plant growth

Video
Polyhalite Explained

Video
Sirius Minerals - The deposit