Member Info for whl2

Verdi's market cap is only £26.4 million. Regarding TSAE's post, you clearly haven't thought it out. Build two new plant ? - yup that will take 3 years. The new shed took 6 months and that was just an extension on at the end! Oh - let's issue another 185 million shares at 2.5 p each. Great, except public don't get access to new shares so our holding is diluted 50% and ******s who organise issue get shares in exchange which they then sell or lend to shorters. I wish they would hurry up with the update, I'm sick of reading silly posts on this thread. Not short - far from it. 1% holder and increasingly frustrated with lack of progress - we might as well be selling the stuff on ebay for all the use the sales team are.

Ditto ! To be fair, half of mine were bought at under 4p so it could be a lot worse.

That was before share dilution Targa. Think there was only 100 million shares then, so market cap would have been about £24 million. It's 185 million shares now with a market cap of £4.8 You won't see twenties for a while - that would be about £50 million. Even Emmerson are only £42 million now but they look streets ahead of us (who doesn't ?)

"This time last year, Boris Johnson had just won the General Election by a huge majority and it seemed as if a new dawn for the UK was about to begin. How wrong we all were…"

Rather analogous to a company that all of us here are invested in!

Can't place a buy for the second day running but will happily take my shares for 2.28p

Well I reported the post, not sure how many others did. Absolutely childish post - representative of a Brazilian farmer ? To be fair, Slift's two previous posts were petty too. If none of us had ever made an unwise investment we would all be retired now and not waiting ad infinitum for HMI to turn.

A candid reply containing valid points - thank you

Slift

You're being a bit harsh on bopd to be fair, as that annual forecast of 75kt only appeared on 30th September in the trading update. I would be grateful if you could inform me of an earlier RNS which contained that forecast. Verde announced their forecast sales when they published their 2019 results - a full nine years earlier.

I would also be interested to know as to what price you would be waiting for the share price to fall to in order to add to your holding. If you don't consider £4.9 million market cap for a company that has increased its storage capacity threefold and has secured a full mining license and excellent trial results as a good investment opportunity then I am struggling to see your enthusiasm for the company. 1.8p or 2.5p would make little difference in the long term if HMI achieved half its long term targets.

You may think me cynical, however as a long term investor of four years and slightly exceeding Mr Azevedo's individual holding I have seen the 1.8p brigade on here telling us "5-7p by January" then buggering off after doubling their money. There will be no one more happier than me if the 4th quarter update is indeed good, but I am uncertain as to whether they will actually provide a sales forecast until the release of the 2020 results in March. Let's just hope 2021 is a much better year for everyone, including the Brazilian population, and that we can finally see the fruits of our investments.

https://www.google.com/maps/place/KP+Fertil/@-18.9061236,-46.3526637,3a,75y,90t/data=!3m8!1e5!3m6!1sAF1QipNx6iEuD7m9qs3iNeMg2DgFtLuZi2arQszFucCA!2e10!3e10!6shttps:%2F%2Flh5.googleusercontent.com%2Fp%2FAF1QipNx6iEuD7m9qs3iNeMg2DgFtLuZi2arQszFucCA%3Dw203-h114-k-no!7i848!8i480!4m10!1m2!2m1!1skp+fertil+mine!3m6!1s0x94ae0d8e5711a599:0x62844a6fcebe5e2f!8m2!3d-18.9061236!4d-46.3526637!14m1!1BCgIgARICCAQ

I would expect to see a holdings RNS based on the last two days sales. Two and a half million yesterday and that huge dump today comes close to 2% Clearly they don't feel as confident about the future as Mr Burton.

will probably be 31st December or 2nd January. Last year's was earlier as results were to September 2019. Financial year is now to end of year and we had a trading update on 30th September with the mid year results only two months ago, so I'm going for late December or early January. Some chunky trades today.

I will answer the holdings question first. Had you gone to the Harvest Minerals website, rather than blindly looking at advfn or lse rns's you would see the asterix pointing out that 20.2% of the HSBC holding belongs to the Edwards family. Ffs even quisad was shouting from the rooftops that day that HSBC did not own 25% of HMI !!!!!! As to the salaries and expenses, like yourself I have no say in the matter and like yourself I consider them out of proportion to the companies earnings.

I would add, however that I was impressed with the photo of the site today, and that site and the company are worth considerably more than 4.6 million pounds in my opinion. The new line of credit could (and should) open up new sales leads and push us to the magical 6 figure Sales next year. I still feel that all the expansion (production, storage and mining site) has been done for a reason - Veloso maybe ? Either way, I am more than happy to hold for another year and hope you will also be here when things pick up and we move to a more realistic share price. A lot can change in six months, JAN were 1p in May and now 4.75p today.

Sorry to hear you're leaving Sabrecut. It has been a frustrating four years since the dizzy heights of the mid 20's (remember the original plant when the 1t bags were filled!) and it is pleasing to see you have recovered your losses on SNG. I still feel we will come through this at some point next year, hopefully without a placing. Best wishes for the future and maybe we will see you back here in future times.

Well he seems to have got Jangada going again (up 14% today) Be nice if HMI followed it. Hopefully we don't see 2p again.

For the umpteenth million time john, the Edwards family HAVE NOT fallen on hard times and hold the same number of shares (37,227,738) as they did in June 2018 after the placing. Their % holding was reduced from 28.4 to 20.2 due to the issue of the 18.5p placed shares but they have not sold a single share. Rest assured, no member of the family is engaged in robbery or prostitution, and like us they will presumably be frustrated by the share price and Brian's binge spending expansion scheme. Some good posts over the past three days, and yes that does include you bopd. It would be nice to see some form of trading update before the end of the year indicating that the company achieved 50k sales this year.

I'd be amazed if the management could get a 51% majority for a buyout given the disastrous fall in the price over the past three years. Certainly couldn't see the Edwards family agreeing to it. Company really is in the last chance saloon next year. Years of test results, fertliser still coming out of their ears after filling the storage sheds full - otherwise placing here we come.

I'm thinking that 19kt discrepancy was recorded as sales and went to Agrocerrado, as implied by quisad last week. Just under $48/ton comes to about the same figure due from them ($910k)

We pretty much know the H1 figures, wonder if we get an update tomorrow and verification of 50 K by year end. They must surely know now with just two months left.

The amounts are round about R&M group/ Miton/Chelverton Holdings. There surely has to be an RNS over the next few days to enlighten us.

Just to clarify, the last three buys totalling 8,650,000 shares were not mine! (Sadly mine was the 40k at 2.9 the previous day!)