At 4 pence the markets pricing in 80 - 100k tons, if we hit 150 - 200k tons the share price should be back in the high teens. Verde looks to be having a break out week, lets hope Harvest follows.
One things for sure you won't be buying my shares at 4 pence!
It's a great question, he's been posting for 6 years. It's an organic product grown locally with the only Brazilian company to get the London stock exchange green stamp.
Let it go Smalley there's plenty of other companies you should focus on.
6th attempt: Which shed are you referring to?
Looking at Google maps it looks like the total sheds are 2 football pitches in length including the new storage shed and 50 meters wide. The middle shed looks to be 100m x 50m so slightly smaller than a football pitch, 6000 square meters like trading4good said.
Holding a few shares here!
Just an idea, a few of you with a metamask accounts should go and mint Xen coin on xen.network.com you only pay a small gas fee, maybe In a year it's worth a few quid. It's just done 5 bags so nothing to loose.
Does anyone know how much more cash this company needs to be cash flow positive?
Raised 4 million in October by upfront payment, raised 5.50 million earlier this year and now needs more by the end of may.
All they need to do is land the right deal and the market cap could go to all time high.
Results look strong, 200k tons is good for next year, shows strong growth continuing. I feel the sales team had a ring round early last year and convinced buyers to lock prices current prices, hence strong q1 results.
Happy to hold for another year as dividends will come year end if they achieve 200k target.
Next time JW tips a share, short it! He's been so consistent!
With copper going north and stocks going lower a renegotiation should be easy. Can see this opening closer to 15 pence.
Just reading the RNS from back in April, this is what we need to be mining right now.
Ming North Zone Drilling Program
§ R21-785-01
· 25.44m @ 2.06% Cu with 1.06 g/t Au
§ R21-785-02
· 15.75m @ 4.97% Cu with 1.94 g/t Au, including
· 10.75m @ 6.51% Cu with 2.39 g/t Au
§ R21-785-12
· 12.00m @ 2.90% Cu with 5.68 g/t Au
§ R21-785-17
· 11.00m @ 4.32% Cu with 4.71 g/t Au and
· 48.59m @ 6.30% Cu with 1.85 g/t Au
Toby Bradbury, President and CEO, commented:
"We have been awaiting the precious metal assays for some time. The receipt of this data provides the opportunity to provide a comprehensive update of our mineral resources which we will complete in the near term.
Gold makes a useful contribution to our cost structure and enhances the overall value of our project. The higher gold grades associated with the higher copper grades of the massive sulphide zones Ming South and Ming North in particular, make these ores even more attractive in the overall mining blend. In 2022, the Ming North Zone will be targeted in such a way that we optimise grade and recovery from the operation."
We need 4 dollars plus
Copper looking strong, be great to get above 3.50
Good post panda1.
Q3 and Q4 will be the main distribution quarters, harvest should show good inflows of cash in the final results. Would of thought around £4 million profit for the year, fertilizer price for the year will remain strong, 100 percent uptick in sales year on year and a 14 million cap looks cheap.
Moon isn't it cheaper to build a new mine at Ming, rather than close one down and move it. Keep the other running with high grade ore?