Member Info for whl2

T1995

The sugarcane results were released in an rns on december 8th 2020. Don't think they put them on the website until todays update.

That would be nice chique, good job I bagged another 50k this morning! Like the majority, I initially invested here for a profit but it is pleasing to watch the company developing and growing. I'm even more pleased with the environmental benefits of our product (who doesn't like Green Planet!)

I've been happier since Mark Heyhoe went. He just seemed to have an air of arrogance about him ("here's our product, you'd be mad not to buy it") and was an absolute PR disaster in front of the camera. I've communicated with Brian via email and have been impressed by his efforts and hard work, especially last year, in recovering from earlier mistakes and driving the company forward. It's true he does get a decent director wage each year, but I feel it's more a matter of pride to make HMI a success. His frustration was clear throughout the last interview, but the market will only forgive and re-rate when they see a company generating cash and an increasing bank balance. Brian says that is happening now but they will need to be seen in the company's results, like Verde, before we re-rate.

Thanks T1995. Yes, 2018 seems a long time ago. I'll never forget the first bagging machine we had on site and also the picture of our first customer loading his 1 tonne order on the back of his pick up ! Verde have shown how quickly things can move on, and the best sales leads are customers and friends of customers. David Burton indicated on January 28th that there would be an HMI podcast forthcoming over the next two weeks, so if not this week then sometime next week. Brian was pretty forthcoming in his December interview and it will be interesting to see what he has to say in this one. I would imagine they now have a better picture of cash balance, potential profit and customer response to price rises.

a) hopefully b) definitely not !

There are people in Eurasia Mining who bought millions at 1p. Imagine how they felt when it hit 42p at one point. The point is, they have held for years and Eurasia did nothing for years. It's all about patience which, as you seem an experienced investor, are probably aware of. Like many here, we bought in far too early but then again who thought we would be able to buy at 1.89p ? Yes, at some point in the future I hope HMI will be a lifechanging share for me but I won't be selling any. I currently have 1.74m shares ISA'd and will increase that figure by another £20k in April. I'm looking forward to a nice tax free annual dividend, even 2p in two or three years time would provide me with a 45-50k regular income.

2,200,000 shares. However, the first 100k were bought at around 15-18p so I've averaged down considerably so that break even is just over 5p. Tempted to ask Brian if I can have swingy as my boardroom representative! On a more serious note, happy to keep holding and do believe that this is our year of transition.

Can everyone please stop plucking Verde's name out of the sky and asking why we aren't performing in a similar manner. Failing that, please go to their website where you will find, as I have mentioned in several of my posts, we are approximately two years behind their growth curve. They sold 28kt by the end of 2018. A mere three years later, and they announced sales of 266kt by the end of 3Q 2021 - a 10 fold increase. So 28kt in 2018, 120kt in 2019, 244kt in 2020 and most likely 350kt in 2021

Look at the 2019 figure of 120kt, 80% of our (conservative) target figure for this year. That's the point where Verde gained traction and are now going from strength to strength. Harvest will perform similarly, but it won't happen overnight or even this financial year. Verde's share price has increased five fold in a year and I expect HMI to do the same by 2024. If you're here for three months I don't see much upside, especially in the first quarter. I cannot emphasise enough that at this point it is impossible to compare Verde and HMI directly, but we are and will continue to mirror their growth in the coming two years. It's down to patience I'm afraid. Happy to hold and add, so a big thank you to the day traders for pulling it back as I'm in for another 50k this week. As ever, best wishes to long term holders, our reward is coming.

Thanks for your input to date and the spreadsheet chique, very much appreciated. It's nice to see the board discussing numbers and projections rather than the usual garbage of complaints from certain posters.

Three times as much potassium, therefore three times as much needed. That would bring it up to670 real.

Already happening sharechancer. The link below is one of our customers. You will need to copy and paste the link to watch the video. A great start to the year for Harvest Minerals, I was particularly pleased withe words "substantial orders" being placed for 2022.

https://youtu.be/gtjPNj4UQOs

It wasn't only HMI who had a good day today, Verde's share price rose 23% today. Reason ?

BELO HORIZONTE, Brazil, Jan. 10, 2022 (GLOBE NEWSWIRE) -- Verde AgriTech Plc (TSX: “NPK”) (OTCQB: “AMHPF”) (“Verde” or the “Company”) is pleased to announce its 2022 guidance of 700,000 tonnes production, with sales of $72.3 million, EBITDA of $28.4 million, net earnings per share (“EPS”) of $0.50; and a 2023 guidance of 1.4 million tonnes. (Please note, these are Canadian Dollars, not American Dollars)

Now let's look at Verde's production figures for the past three years.
2019 120,000 tonnes 2020 243,000 tonnes 2021 330,000 (approx)

Do they look familiar ? Well if we hit 150,000 tonnes this year (probably 160,000) and achieve 60% growth in 2023 that would take us to 250,000 tonne in 2023. A similar growth figure of 60% in 2024 would take us to 400,00 tonnes. Okay, we are two years behind Verde, but looking at their figures the future is looking very good indeed.

Excellent post T1995. Like yourself, I foresee a similar price increase this year and consider your calculations reasonable. They may even be conservative as the solar panels may bring the 40kt breakeven figure down. Either way, lets assume $3.6 m usd which is about £3 m. Going on a p/e of 15 (and why not with growth of 75% yoy) gives a market cap of £45 m and with 190 million shares in issue gives a share price of 24p. As they have exceeded sales targets for the last two years lets up that to 27p which gets us to Swingy's figures

Please get Swingy on the board of directors Brian, he's the final piece of the jigsaw ! On a serious note, fantastic RNS today and well done to the long term holders who held (and added !) through thick and thin. 150 kt will generate a damn good profit this year and even on a p/e of 10 would make the current price irrelevant as Swingy has posted below. A great day guys - thanks Brian and the team at Harvest Minerals.

Could be a share tip in the weekend papers ?

If I had my way Swingy, you would be the company Director for Communications !

Nice figures Swingy ! Also good to see HMI's latest tweet teasing us with an exciting year of growth ahead - let's go Brian !

Can we please have your word that you will be a seller at 9.65p bopd then the rest of us can enjoy further rises without being interrupted by your pessimistic quotes. The majority of the company's mistakes were made in the years 2018 and 2019, the COVID situation in 2020 was not of their doing otherwise we would have hit 80k a year earlier. Lots and lots to celebrate this and, like it or not, this is nailed on to swoop past 10p at some point before the Q2 results (more likely the Q1 results to be honest).

Verde Agritech hit a five year high price of $2.84 (Canadian dollars) giving a market cap of £84 million and as I've said previously we are about 12-18 months behind them. A combination of returning customers, new customers and increasing prices will see the cash balance growing. A 20p share price would only imply a market cap of £39 million which is fairly realistic on fundamentals. Apologies if your post was a sarcastic reply, but the days of knocking HMI are soon to be over. Brian has delivered all that was promised this year, and more. I'm really excited about the company's prospects this year.

I'm expecting the RNS next week Targa123. It's a very quiet day on the stock exchange tomorrow, pretty sure it's just a half day. Also, their last tweet wishing everyone a Merry Christmas did end with "see you in 2022" so I'm thinking Tuesday 4th January is when we may hear something. I would be more than happy to be proved wrong but am happy to wait till next week for what should make for pleasant reading. Wishing everyone a Happy New Year which I feel it will be as HMI is now back on track with regards to growth and expansion.

Just my effin luck funds don't clear till tomorrow :(
I WAS going to buy another 100k, be lucky to get 70k the way the flaming mm's are working it. Why did everybody pick today of all days to buy !

Hope you recover your previous losses and more, oldbutnowisa. Impressed with Brian's latest interview, his frustration at the lack of recognition given to the company's growth was clearly visible for all to see. I see us as about 12-18 months behind Verde Agritech who now have a market cap of about £70 million. We really should be about 35 million market cap this year or about 18p a share. Hopefully a breakthrough year for us, I'm itching to see final sales tonnage, next years target and end of year accounts. Let's hope Brian remains true to his word in promising more details of sales on a regular basis.