Harvest Minerals Ltd - fertiliser producer and operator of Arapua project in Brazil - Reports total sales orders of 54,155 tonnes of KP Fertil for 2020, above its previously stated 50,000 tonnes target for the year, and expects sales of 80,000 tonnes in 2021. "After the onset of the Covid-19 pandemic, the team we adjusted our sales estimates to 50,000 tonnes, which represents a maiden profit, and it is extremely encouraging to sell in excess of that target. There is now little doubt, Harvest has a real, profitable business with a multi-decade life of mine," says Chair Brian McMaster.
Current stock price: 2.65 pence; up 10% on Wednesday
Year-to-date change: up 8.2%
By Lucy Heming;Â lucyheming@alliancenews.com
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Harvest Mi (di) (HMI)