Member Info for Slift

Nice one WhichWayNow.

Also, the price for soybeans has rocketed recently and throughout this year. Now trading up at 6 years high.
I'm sure all farmers would want to maximise their output and make the most out of this, so the demand to increase their yield will always be there. Combined with natural and organic future, places this company ready to grow at an exponential rate.

"- 9.9m jobs on furlough"
35% of the working population on payroll.

That's more than 1 in every 3 people supporting our economy.

As a millennial, the future does not look bright. IMO.

- Unemployment at 4.9% (as at Oct/20) vs 3.8% Dec/19
- 9.9m jobs on furlough
- UK GDP at approx. 70% compared to Q4/19 levels
- UK Debt at 101% of GDP (as at Oct/20) vs 86% of GDP at Dec/2019.
- Borrowing expected to increase by £160b (8% of GDP) from Oct/20 to Mar/21

- Stock markets at record highs (US/EU/Asia), FTSE at Q4/18 levels
- House prices at record highs

Someone explain, thanks.

Nothing from truckman in a while..

Hur at sub 2.5p.

HARVEST your monies on other MINERALS people's.
Check out HMI, but do your own research.

The future is organic.

Update early Jan on production for Q4.

Update on stakeholders finance talks in late Jan to end of Feb latest.

Too many incompetent people in the public sector being overpaid.
https://www.bbc.co.uk/news/55089900

Unfortunately, the government can't just get rid of someone as easily in the private sector.

Or.. what about..
-11% Tuesday, -8% Wednesday, -15% Thursday.
£0.0187

Works both ways.

Ok, it's a good thing that I don't short, isn't it?

Exactly 1nvest,
Lack of cheap labour = lack of export = lack of productivity.
That's all there is to it.

@CaptSwag,
I think with countries like Italy and Greece, their main industry is tourism. I think they will thrive better out of the EU. However it wouldn't be "cheap" holidays for people in the EU if they do leave.
Or that's what I believe.

"their only real wealth OIL or what's left of it"
Lol, yet you're invested in HUR.

@TurnAndBurn
Cadbury is still produced in Britain.
Doesn't matter if it is owned by a US company.

@Maestros,
Lol.. Imagine voting to Leave on that basis. You sound almost as if the £330m Red Bus and the Migrant Poster persuaded you to vote Leave.
You want people from Italy to suffer? Shows the type of human being you are, but it's all good and well when you want to go Italy on holiday, right?

P.S. Africa is a continent, not a country.

"because the EU is totally corrupt stops other Country's to progress such as Africa not being allowed to produce chocalate products but want the beans as cheap as possible"

Lol.. you think UK's chocolate companies are going to be paying in excess of what the market value is for cocoa beans now that we are out of the EU?
Just like oil, there is a cocoa index. You're deluded.
Blame the traders like Cargill, not the EU.

Wonder how many Cadbury chocolate bars UK will sell if they were priced at £10/bar.

I quote from you:
"all people who voted to leave are idiots." - Poetless

If you voted for Leave, you knew the consequences.
So why ask people to support British manufacturing when you know that it's already dead?

You think people are going to buy wine for £20/bottle when they can get similar or better quality wine imported for <£10 from Languedoc, France?

If Britain implement anti-dumping tariffs to prevent this, there will be more significant consequence to another sector.
You want other sectors dead too?

Britain invested in the financial and services industry following the war. Britain should maintain this.

Poetless,

If I like my Kinder Buenos, I'm gonna be buying my French/Poland made Kinder Buenos.

I'm not going to change my lifestyle and buy a mars bar or a Cadbury bar because idiots voted to leave.

Soz.

Lol..
So first you vote to leave, then you ask everyone to support jobs?

I'll be forever buying the cheapest product available - whether that's British made, EU made or China made.
Thanks.

Shale is looking to recover faster than demand with the current oil price and restrictions..

John4242,

Regarding the $7 US, this presentation has it included:
Slide 2 - "A Great Investment" and Slide 12
http://www.harvestminerals.net/media/1293/hmi-4q-2018.pdf

This is the OPEX cost - i.e. cost to produce and sell goods.
This doesn't include directors wages, consultants wages, any other costs associated with the OPEX.
If directors didn't take wages, and there was no other cost other than to just mine, process and sell --> then OPEX is $7.5 US/tonne
For all in costs (including G&A and other costs, excluding CAPEX) - cost per tonne is $40AUD.

The Real has been recovering slightly and Brian has been careful to say that 2020 will have "profit before tax". This profit before tax doesn't take into account currency translation. So bottom line will make a loss, but it's progress.

My standpoint is - what's the worst that could happen here at 2.2p share price?
60.28% of shareholders are major shareholders.
4.79% of shareholders are directors (including Brian who paid £770k @ 18p/share)

Will they do a placing?
Likely not as shareholders will not accept or agree to it, especially at this price. Plus no-one will benefit from the placing, the company wouldn't, the directors wouldn't, the shareholders wouldn't.

When the money runs out, they have options to cut their big salary and then to take on debt using the Asset value that they have accured in the business.
If this company runs out of money and fails, the assets will get liquidated and we'll get returns. On the accounts, the non-current asset value is in excess of $10m AUD. Even if the business is sold for half it's value on accounts, we'll see returns at approx. 2.8p/share.
Last thing the directors want is the business being sold (if they truly believe it has potential)

So i'm here to see this share price recover in 2021.

Merry Christmas.

adoubleuk,

Yup, they are certainly putting their salary before anything here. I wouldn't be surprised if some are ready to jump ship.
It's been 6 months since Trice was fired.

And the best that they could come up within those 6 months is a side track of well 7z. This was already being discussed here back then or even before that when watercut was worsened.
If they had been more initiative, this sidetrack could have been done this year, enabling the company to generate more cash.
The "technical review" that they're all so proud of has done nothing for this company unfortunately.

ALL IMO. GLA.