Member Info for chique

NicetoMichu - That made me laugh :-)

NicetoMichu - I was seriously tempted today to up my average also

Taken from first interview at https://total-market-solutions.com/2022/02/harvest-minerals-february-2022/

*** Substantial number of orders are repeat orders
*** Price increase is a substantial increase on last years price
*** Cash is currently circa 2 million dollars
*** Expectations of profit more than our current cash balance
*** Some time next year seeing some revenue from new limestone acquisition
*** Market cap 9 million and looking forward the making around 30% profit of market cap this year 22
*** Business generates huge margins
*** Learning new ways daily of selling and cost cutting

The news flow here is overiding the stock ranking

What's the netback here at 90 dollars barrel?

You ramper :-)

sorry should have put per day :-)

9000 barrels month @ 92.00 will give approximate annualised profit of just under 200 million

Was it not 200 barrels a day less at 38% so production up on last update?

Now that the company have moved into profit , my expectation is that after the March update confirming we are on target for 150k tons + , we should start to see a re rate towards the 15 pence mark , after which later in the year , if the growth is steady and continues then this should bring forecasts of 250k for the year ending December 23 , if we follow the same growth curve ( less a little ) then the SP should be headed toward the 35p mark - just an opinion and expectation nothing more at the moment - DYOR

Systemzero - I hope it comes good for you !!

50%
coming good is different for different holders - a buyer at 15.5 stands a better chance of coming good that a holder at 60p

New holders coming in at 114 also getting an immediate dividend which reduces slightly the placing price

jumpshipnow - " Yes I do believe this will have one more bounce and probably a good one and yes that could come at any time but my advise is when it does do not be the one left holding the baby unless you plan on holding for many years to come. "

Trading relies on someone at all times having the baby at every level - so what you say makes no sense unless you want the sp static

After listening I reduced here by 80% - maybe others have. I think his comments were just made because he never expected the question and not really true plans

seems to have been since the stamp interview a few weeks ago

So depending on receivables this equates to operational USD cash on last accounts of appr 2M USD
suggesting a modest profit for y/e 21 , depending on receivables

Name-mike It would appear his comments are likely to be in USD dolllars looking at one of the Q&A

19. This may appear to be a pedantic point, but it would be good if the Company were to be consistent with currency throughout all updates. Normal operating expenses are stated in AUD in the latest update, but the budget is referred to in USD. In a time where the Company is under considerable scrutiny, full and clear transparency will be a huge help going forwards.

The Company acknowledges this point. However, Harvest is an Australian company and subject to the Australian Corporations Act, which requires that it report in AUD whilst the operational currency of the Company is USD, hence the use of USD.

LuckCounts - try to make that more readable - at first glance!

They are trading on a phenomenal PE at the moment