Harvest Minerals Share Discussion Threads

[kreature] 18/10/2022 15:08

Surprised the bank didn’t want the dust as security. They could have used it for um, dunno, nothing I suppose

[ypymytyc] 18/10/2022 13:39

I think they've paid off two of the three loans, only the solar loan is still outstanding.
According to the MD they took the loans to improve/get a credit rating????

May be they could use the Geociclo debt (if all goes to plan) as security?



Yp

[kreature] 18/10/2022 13:33

Bank is never so accommodating for a second loan in my experience…230;.what would it be secured against this time?

[ypymytyc] 18/10/2022 13:31

Might be worth taking out another loan or three?


Yp

[kreature] 18/10/2022 13:20

That road to the clubhouse must be impossible in the rain. Many a time I’ve got stuck on such a track

[ypymytyc] 18/10/2022 13:11

Verde Plant 1 dry store (ore) seems to have disappeared, bad weather?

It measured 100m x 35m (approx) - that's the roof size.

Verde SH haven't noticed yet, they're far too excited about asphalt road to Plant 2.

About time Harvest announced a road improvement scheme, might help with the Jan, Feb deliveries?


YP

[kreature] 16/10/2022 23:36

Maybe…….not certain of the number of instructions

[vlad the impaler] 16/10/2022 20:40

Purple bricks seems a go for the update .

[kreature] 16/10/2022 18:34

2.4m A$ end of June
burning 150k per month so
2.4m minus 600k equals 1.8m
minus trade payables of 798k equals 1m
Trade receivables are irrelevant imo
So I reckon around 6month's cash left

always prudent to do a placing 6 months before cash runs out, so um

[kreature] 16/10/2022 16:05

Jannada Ltd in Uk average employees 0
Minus 80k in bank ?
Mind you I think they only paid a quid for the mine, so anyway

[ypymytyc] 16/10/2022 15:58

Remaining cash?

How much cash reserve does the parent company (Harvest Minerals Ltd) have remaining?



YP

[kreature] 16/10/2022 14:52

O/t Purplebricks Nov update could be good imo. Can buy for less than directors paid at the moment. I reckon they’ll make it a good update…..with instructions at a guess, rising

[kreature] 16/10/2022 14:24

Presumably payments on the loan are made every month, secured against the solar panel?

[kreature] 16/10/2022 08:28

I want the share price to be well over 20p if not over 50p…….but seems like it’s one thing after another. A bit upsetting really. Anyone know how much cash remains?

[ypymytyc] 14/10/2022 05:09

Jees another delay!!
Geociclo Creditor meeting 'suspended' till 11th Jan 2023.

But quicker than the MD telling SH how they'll 'stream' profits out of Brasil to pay dividends - hardly a new concept is it?



YP

[kreature] 13/10/2022 17:23

And in contrast to the Uk, they probably had that crater repaired in a few hours with bit of excess dust and a few rocks.

[whl2] 13/10/2022 17:19

And people go on about our potholes !

[kreature] 13/10/2022 17:13

O/T
Maybe best to travel in the daytime around there then?

[whl2] 13/10/2022 15:51

Thanks yp - looks like they got hit pretty bad

[ypymytyc] 13/10/2022 15:46

You'll find some photos showing recent weather conditions and damage to Verde plant 1 on the following website:





YP

[kreature] 12/10/2022 17:27

Probably win a big payout from HMI for helmet discrimination or something

[whl2] 12/10/2022 17:16

Bet he's related to Luis !