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Some more digging on Instagram- found a agronomist not associated with harvest minerals in any way that I can see from his bio anyway. This is a quote on a post which is about a trial of kp fertil that is in its early stages . He replies - “ result of planting done only with kp fertil and limestone at the base. happy for the results achieved in the short term ??????????????????”
This would explain the recent limestone acquisition.
We’ve been waiting on sugarcane results since mark heyhoe mentioned them in crux investor talk in feb 2020. Very promising indeed as there is 10.5 million tonnes worth of potential sugarcane demand within 300km radius. 3x bigger than the 3.5 million potential coffee demand within 300km radius of the mine. Sugarcane will be a major market for us now and hopefully these positive test results will go a long way to getting the farmer to try and then scale up their orders. Very exciting development.
Translated to English:
consultancy to evaluate differences in doses of kp fertil as a source of phosphorus compared to reactive bayovar phosphate (29%p2o5)
2 field trials were carried out on sugarcane, in two locations, and in 2 agroenergy companies, using two sources of phosphorus: the kp fertil remineralizer (3.2% p2o5 total) and the reactive phosphate of bayovar 29% p2o5 total) at doses of 80, 160 and 320 kg ha1 of p2o5 plus a control treatment without application of fosforo.com 4 repetitions each.
results. Santo Angelo Plant, Verissimo (mg) Cane variety sp83-2847. the preliminary results at the santo angelo plant showed great potential for the use of kp fertil as a source of nutrients for sugarcane, promoting productivity gains of 12.4 tons of stalk per hectare when compared to the control treatment whose best results were obtained the higher the the dose of this source (320kg ha1 of p2o5)
It is important to point out that there was no increase in productivity with the increase in the dose of bayovar, where the highest productivity was observed at the dose of 80 kg ha1 and decreased with the increase in the doses of phosphorus applied.
in relation to the quality of the raw material, the application of kp fertil resulted in increases in the values ??of atr ranging from 0.5 to 3.6kg t1 when compared to the control treatment. when compared to bayovar, kp fertil resulted in increases of up to 1.3 kg t1, when both were applied at a dose of 320 kg ha 1 of p2o5
results. Mata plant, guararapes (sp), variety rb-867515. when compared to the control treatment, kp fertil promoted gains ranging from 10 to 16 t ha1, whose best results were obtained at the dose of 160 p2o5. It is also noteworthy that the best results with the bayovar source were obtained when the lowest dose was applied (80 of p2o5), not obtaining increases in productivity with the increase of the dose.
as for the quality of the raw material, the application of 320 kg ha1 of p2o5 through kp fertil resulted in increases of 7 kg t1 in relation to the control and of 5 kg t1 in relation to the bayovar treatment applied at the same dose
conclusion. or results of the first sugarcane cut showed potential for the use of kp fertil as a source of phosphorus, promoting stalks per hectare (tch) and quality of raw material (total recoverable sugar).
the higher the applied dose of kp fertil, the greater the response to productivity, unlike the bayovar that showed a reduction in productivity with the increase of the applied phosphorus dose.
Extremely interesting results from the latest sugarcane results that have just been posted now on kp fertil Instagram page (should follow it). Sugarcane market is 3x bigger than coffee market which is the bulk of our sales atm. Sugarcane market is huge.
A trial conducted by kp consultoria, I’m going to post the Brazilian text from the post and then I’ll post the English translation below.
consultoria para avaliar de differences doses de kp fertil como fonte de fosforo comparado ao fosfato reativo de bayovar (29%p2o5)
foram instalados 2 ensaios de campo em cana de acucar, em duas localidades, e em 2 empresas de agroenergia availando duas fontes de fosforo : o remineralizador kp fertil (3.2% p2o5 total) e o fosfato reativo de bayovar 29% p2o5 total) nas doses de 80, 160 e 320 kg ha1 de p2o5 mais um tratamento testemunha sem appicacao de fosforo.com 4 repeticoes cada.
resultados. usina santo angelo, verissimo (mg) variedade de cana sp83-2847. os resultados preliminares na usina santo angelo demonstraram grande potencial ao uso de kp fertil como fonte de nutrientes para a cana de acucar, promovendo ganhos de produtividade de 12, 4 tonneledas de colmo por hectare quando comparados ao tratamento testemunha cujos melhores resultados foram obtidos quanto maior a dose desta fonte (320kg ha1 de p2o5)
e importante ressaltar que nao houve aumento de productividade com o incremendo da dose de bayovar, onde a maior produtivade verificada foi na dose 80 kg ha1 e decresceu com o incremento das doses de fosforo aplocadasaumento
em relacao a qualidade da materia prima, a aplicao do kp fertil resultou em acrescimos nos valores de atr que variam de 0.5 a 3.6kg t1 quando comparado ao tratamento testemunha. quando comparado ao bayovar, o kp fertil resultou em acrescimos de ate 1.3 kg t1, quando ambos foram aplicados na dose de 320 kg ha 1 de p2o5
resultados. usina de mata, guararapes (sp), variedade rb-867515. quando comparado ao tratamento testemunha, o kp fertil promoveu ganhos que variam de 10 a 16 t ha1, cujos melhores resultados foram obtidos na dose de 160 de p2o5. ressalta-se ainda que os melhores resultados com a fonte bayovar foram obtidos quando a menor dose foi aplocada (80de p2o5), nao se obtendo acrescimos em produtividade com o aumento da dose
quanto a qualidade da materia-prima, a aplicacao de 320 kg ha1 de p2o5 atraves do kp fertil resultou em acrescimosde 7 kg t1 em relacao a testemunha e de 5kg t1 em relacao ao tratamento bayovar aplicado na mesma dose
conclusao. ou resultadosdo primeiro corte da cana de acucar mostraram petencial ao uso de kp fertil como fonte de fosforo, promovendo de colmos por hectare (tch) e qualidade de materia prima (acucar total recuperavel).
quanto maior a dose aplicada de kp fertil, maior a resposta a produtividade, diferentemente do bayovar que apresentou reducao de produtividade com o aumento da dosagem de fosforo aplicada
Bopd we’re you just buying because someone said so? The sp dropped down to 2p over the next 12 months. If you liked it enough to buy at 9p you should have loved it at 2p and averaged down? I see way to many investors focus on the sp and not the actual business behind it (which has been steadily improving for years, gaining real traction now). The business should only get better from here, and in time (12-36months and beyond the sp will reflect this more and more)
Whl2 our situations are almost identical, similar holding same price originally bought in, same average now. We truly have seen everything and been through a 85-90% drawdown since first purchase however my trust in this company never really wavered. I believe it sets us up well for the future as we’ve seen everything with the company and share price. I’m certain there’s good days ahead.
In Brian’s latest interview he suggested no raise will be need and if anything the company would look to go the other way and return money back to shareholders ie dividends. Would the company be prepared to initiate a share buyback if the large disconnect between share price and fundamentals remains
Just for clarity, I’ve been invested since 2018 so I’m not some newbie with blinkers on to the past. Think the board have carried out the majority of things correctly. What investors didn’t realise back then myself included was how much work was needed with the farmers to convince them to buy as we had a new product. Ultimately it was overvalued at 18.5p back then but that isn’t a fault of management that’s the fault of investors like myself, since then I’ve averaged down and am in profit. This business now well and truly heading in the right direction
Mark heyhoe said in crux interview- “to build the capacity to reach 320kt is less than $1m” he’s referring to crushers to crush the powder and the infrastructure. So my guess is somewhere around 800,000 -900,000 USD to add on another 320kt of capacity.
Nice work chique. Realistic in my view we hit 400kt in next 3/4 years. In that case whatever the value your stock is now should ruffly be returned in dividends every year for the next 100…
I agree this isn’t gambling this is a proper business with great fundamentals. Patience to hold is the key, which most people don’t have. I won’t make that mistake.