Harvest Minerals Share Discussion Threads

[soulsauce] 27/12/2016 10:09

For someone who does not hold he spends a long time on this BB trying to persuade others that they are foolish to be holding.
There are a lot more reasons to be holding now than when I bought my first at 8p and the whole project and company has become significantly de-risked.
Of course there are still hurdles, show me a stock that hasn't any hurdles, but this could be the beginning of a sizeable fertiliser business and I am glad and excited to be in to see where it takes us.

I would just advise all on here to go to kreature's profile and look at what other companies he posts about and you will see he hasn't a good word to say about anything, just an out and out troll.

[whl2] 27/12/2016 00:21

Fill in the blank !1!!!

DESPERATIO_

[kreature] 26/12/2016 19:46

Just saying that perhaps it might be best to sit and wait to see what emerges from the nest?

says here that you might need to wait years for rock potash to fully release its minerals. How long are the growing seasons in Brazil?

'Rock potash is very slow-acting (it may take years to fully release its minerals). Because the potash is released gradually as the mineral weathers, it is usually used when preparing the soil for planting.'


Do we know how long the geological timescale is for plant-availability of the potassium in the rock to be mined?

'Finely ground primary soil minerals, for example feldspars, are offered as ‘rock potash’ fertiliser but the plant-availability of the potassium in such materials depends on the origin and the mineralogy of the parent material. It is possible, as with matrix K in soils, for a material to contain K but not to release it except over a geological timescale.'

[charles clore] 26/12/2016 17:43

Is the troll drunk?

[kreature] 26/12/2016 12:03

Long or short, I think bears and bulls should take care here.....The doorway could get narrow to get in or to get out. Not one to bet the farm on (yet), imo.

[janestone] 26/12/2016 11:35

kreature

If you're going to 'flop' then do it soon. I see this as one of my shares for 2017, the right product, licences in a stable country, and don't rule out the hint of 'developing other projects', which could be projects already held by HMI.

[kreature] 26/12/2016 03:19

Well, breakfast would be nice if you're cooking? I have a rather insignificant short position here at the moment but I'll probably open a more chunky short on Wednesday, then see how things go. I might change to a long position if the drilling results and the other tests are good...but I just don't see any rush to buy at the moment. What is the next catalyst to push this forward, apart from the drill results? Isn't this bound to drift lower from here anyway as there are all sorts of other test results to wait for? Just my opinion as always. dyor ATB

[soulsauce] 24/12/2016 08:54

And then you woke up and had bacon and eggs for breakfast.
What planet are you on you moron.

[kreature] 23/12/2016 20:50

my guess is 25m shares placed at around 15p to raise around £3.75m, and announced with probably excellent drill results from the lads. Timing before the end of January but most likely next week. Just a guess but probably right. ATB

[andy] 23/12/2016 18:11

Charles,

Exactly!

If you are in a good position, and you need some cash, you do it from a position of strength.

One Canadian CEO I know has a motto, "you don't turn down money when it's on the table", and he's right, IMO. (I could tell you a few sad stories that prove his theory!).

I expect BM to be able to arrange a good deal if he has to, they're under no selling pressure, and have just released positive news.

[charles clore] 23/12/2016 17:23

We have seen the first of the new contracts with probably more to come in 2017 so if capital is to be raised for the purpose of advancing operations, now is the time to be thinking about it. The share price is healthy, operations are meeting deadlines, the government is on our side, sentiment is positive and in the new year analysts will be running the slide rule over this company to see what sized slice they can get for as little as possible (I suspect that is where the troll comes in). But make no mistake, Brian McMaster is no fool. If he doesn't get the right kind of deal he won't play ball. The company is capable of moving forward on its own cash flow, albeit more slowly. But he is no slouch and I suspect he will want to see production increase to a rate of 500k tonnes p.a. by next year if possible with annual turnover of $30m. If so, he will have to borrow from future earnings either in the form of equity placing or debt finance. Thankfully he is a master of both.

[shakeypremis] 23/12/2016 15:46

I agree with that Andy. There is a chance there will be a placing, I hope not however. Based on everything we've heard from the company it sounds like there won't be one. But as you said, I wouldn't be surprised.

[charles clore] 23/12/2016 14:52

He's probably loaded up to the gunwales with stock after putting a few wild ideas about like placings, not having enough to pay bills, the trial permit not here yet and start of mining being late etc. just scaring off a few weak holders and holding down the price for himself and his buddies. But that's AIM for you, I'm surprised they're allowed to get away with it. When those letters of intent start coming in next season this will be a pound a share before you can blink imho.

[kreature] 23/12/2016 13:31

.....but if Verde haven't managed to produce a local fertilizer that you can buy in the ten years that they've been in Cerrado, then what chance have HMI got now ?

Is it just fortunate that the Maximus plot is so close to the Veloso coffee farm, and just a coincidence that another Veloso is CEO of Verde Potash in the same area, Cerrado ?

Personally I would use that fabulous south facing plot on the side of the hill overlooking the coffee plantations, to build a mansion/farm. There's even a small runway for light aircraft at the foot of the hill.

ATB all, have a nice Christmas.

Good interview:
hxxp://www.proactivei---------.com.au/companies/news/170931/harvest-minerals-to-up-pace-again-after-outstanding-year-170931.html

[soulsauce] 23/12/2016 12:40

Charles lol, what boll*cks he talks. You would get more sense out of a crossed line with the Krankies. Dear oh dear.

[ieh fan] 23/12/2016 11:16

Oh look, Andy's back and talking about placings again. There's a surprise.
He'll probably insinuate that the permit & LOI news was 'murky' in a bit.

Wasn't around yesterday to share in the good news, I notice.

[kreature] 23/12/2016 11:09

surely all that matters is a placing ?

[andy] 23/12/2016 10:56

whl222 Dec '16 - 16:37 - 1652 of 1666 0 0
I'd go along with that as long as shareholders were included in the placing

---

It doesn't work that way on the AIM, you should know that.

The favoured few get the discounted placing shares, and the loyal shareholders get diluted, that's the AIM model, and ensures the city always wins at the expense of long term holders.

Clarification - I'm Not saying HMI are going to have a placing, (though it wouldn't surprise me!) I'm just talking in general terms about why the AIM is rigged in favour of the city, it's a mechanism for transferring wealth from PI's to the city, all IMO of course.

[whl2] 23/12/2016 10:22

you got shares in them kreature!

[kreature] 23/12/2016 10:05

I think Verde would have had a product to sell by now, if there were any value in the area. Verde appear to have been in development since 2005