Wednesday, September 27th 2023

Harvest Secures MAPA

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Doc caught up with Harvest Minerals chairman Brian McMaster, who talks us through the recent steps made by the company. Clearly, the weekend review from Midas columnist Joanne Hart came as a welcome review, however, today’s news really does clear the pathway for additional value recognition.

  • MAPA conditionally approved, test results acting as the final sign off
  • MAPA a nice to have but not a must-have, customers happy to buy on merit
  • Ramp up in production in anticipation of a ramp-up in sale orders, with partner Agrocerrado
  • No further exploration risk in a Brazillian market which is the 3rd biggest on the planet
  • McMaster ” We only want them to buy less than 5% of total fertilizer consumption, then we’re home & dry “
  • Our objectives are not unrealistic at all, and on completion, we intend to deliver 450,000t or $20 million a year free cash which we intend to use for expansion or return to shareholders.
Agrocerrado launch reception for KPfertil 

Harvest KPFertil Launch clients.jpg

You can hear the latest audio interview by clicking the link below

COO Mark Heyhoe talks investors through the business at this year UK Investor Show 2018
The author holds shares in the company but was not remunerated to conduct the podcast

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