Harvest Minerals Share Discussion Threads

[kreature] 15/2/2024 19:25

‘ Company has implemented a cost reduction exercise to reflect reduced activity.‘

‘ expected better market in 2024."

Okaaaay

[thanatos abyss] 15/2/2024 19:23

So if it takes that long , major dilution to price in

Then Bora Bora

Bust

[thanatos abyss] 15/2/2024 19:22

Update on 2022 invoice collection

Cash is gradually being received upon delivery for the total of orders invoiced in 2022.

...

Somebody sent them a fiver

[thanatos abyss] 15/2/2024 19:19

Looking at Costa and cash burn of recent times, there can't be much left

[kreature] 15/2/2024 19:17

‘ We have already started the year by booking meaningful orders,’

More meaningful than 2022’s orders ?

‘ Regrettably, approximately 8,469 tonnes of placed orders at the end of September of 2023 were cancelled by clients’

Placed ‘meaningful217; orders ?

[thanatos abyss] 15/2/2024 19:15

Going to need 20 more sheds to store orders that never see daylight 😂

[thanatos abyss] 15/2/2024 19:15

kreature15 Feb '24 - 19:14 - 5022 of 5023
0 0 0
‘ Cash position as at end 2023 of c. US$630,000’

So how much of that is unincumbered ?

....

I'd say thats not far off zero today

[kreature] 15/2/2024 19:14

‘ Cash position as at end 2023 of c. US$630,000’

So how much of that is unincumbered ?

[thanatos abyss] 15/2/2024 19:11

We continue to work with customers which have placed the orders in 2022 but which have not yet agreed to take delivery of the product from our storage facility

😂

The whole RNS is battered with comedy sentences

[thanatos abyss] 15/2/2024 19:09

Just had a read. What a scam..maker well paid today to mark up pre more dilutions

[thanatos abyss] 15/2/2024 19:07

Do you refund investors for buying into the sales ? 😂

[thanatos abyss] 15/2/2024 19:07

ypymytyc15 Feb '24 - 13:52 - 5009 of 5015
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At last, the MD is telling how it really is!

Much needed and a positive!

Jan 22 and Jan 23 were zero invoiced sales, so the '...of which 1,250 tonnes invoiced.' is certainly another positive!


YP

[kreature] 15/2/2024 19:05

‘ We have also started to seek ways to legally enforce the deliveries.’

Great news for FFA legal ?

[kreature] 15/2/2024 19:02

‘We continue to work with customers which have placed the orders in 2022 but which have not yet agreed to take delivery of the product from our storage facility.’

So is it best to write that off then? What were the terms of write off again ?

[ypymytyc] 15/2/2024 14:30

This one's the best:

'Given the historic expectation that approximately 80% of sales are seasonally placed'

'historic expectation'!! wow


YP

[ypymytyc] 15/2/2024 14:24

They've said it again:

'As a reminder for Shareholders, accounting regulations that the Company is subject to require delivery of the product to have occurred for revenue to be recognised in the financial statements.'

Funny how those 'accounting regulations' didn't seem be an issue in 2019 with the Agrocerrado order (invoice 83)?


YP

[ypymytyc] 15/2/2024 14:07

I'm guessing it was St Brides that walked?


YP

[ypymytyc] 15/2/2024 13:57

Can't understand the share price rise, the cash position looks dire?

YP

[ypymytyc] 15/2/2024 13:52

At last, the MD is telling how it really is!

Much needed and a positive!

Jan 22 and Jan 23 were zero invoiced sales, so the '...of which 1,250 tonnes invoiced.' is certainly another positive!


YP

[whl2] 15/2/2024 13:39

Spot on as usual with the results yp. 70kt this year, doubt it !