Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Harvest Minerals Limited (LSE: HMI) announced that Brazil’s Ministry of Agriculture, Livestock and Food Supply (MAPA) has approved the registration of its organic, multi-nutrient KP Fèrtil product as a simple mineral fertilizer. This recognises KP Fèrtil as an authorized source of macro and micronutrients essential for soil health and improving production, reinforcing the quality and credibility of the product for commercialisation. This is the highest level of certification that the product needs to achieve and marks a major milestone for the company.
Furthermore, Harvest provided a trading update for KP Fèrtil from its 100% owned Arapuà Fertiliser Project in Brazil which sawan increase of over 1,000% for sales orders for 2022 to 28 February, which totalling 30,161 tonnes. Plans for increasing Arapuà’s capacity to 200,000 tonnes – from 150k – are also well advanced. 2021 was a landmark year for Harvest as it saw increased demand for its flagship organic fertilizer product and the company also became profitable.
Hi everyone. This seems hugely oversold and has massive potential. I get that the problem is logistics and is easily overcome given time. The product is good and the market is huge. With all that time in mind this seems like an amazing opportunity but how long can they survive without a raise? What are the costs involved in moving production?
I’ve looked back through the RNS’s and can’t find an answer. Be grateful if your insights.
Spikes in share price encourage short term trading. Looking at a broader, more distant horizon…. Two years time 300KTPA 12million USD profit per annum with a second project coming online. Let’s be conservative and assign a p:e of 30… do the maths. Where’s the risk?
When results are posted, we will have proof of continued rapid growth in sales but so much more that that. It will assure the future of the company all the way to 400KTPA with no need to raise capital. It becomes very little risk which on AIM is a very very rare thing. The market for the product is incredibly strong. If smart investors start to price in 400KTPA, this will fly. It’s now just a matter of time.
Where sales of 400KTPA are assured at 50 dollars per tonne profit. The profit along with the other projects coming online fully justifies the £1 share price and furthermore the 5% yearly dividend means that every year I get a 50% return on any investment made today.
Back in mid November at 4p per share, BOPD stated “
15 Nov '21
Swingy , can you tell me when this is going to hit 9.65 so i can cash out with no loss
?i've been waiting several years now”
I replied….
“15 Nov '21
9.65 gets hit / skipped on Thursday the 14th or Thursday 21st April 2022. You’re welcome.”
That was based on the Q1 results. I still believe that’s launch day…. But now I think others may be starting to beleive. Either way BOPD… not long now. See ya.
There’s a sweet spot of 400KT above which we’d need additional infrastructure etc. I reckon 3 projects each producing 400KT’s worth of profit is the way forward. Management know what they’re up to. Happy to be along for the ride.