We caught up with Brian McMaster Executive chairman at harvest minerals, to discuss the latest news released by the company. During the interview, we cover the recent institutional fundraising of £9.7m which has resulted in a forging of both city and retail support for the companies flagship Kpfertil operation in Brazil. McMaster also shows how deep his pockets are by personally subscribing to the placement, investing £770,000 at 18.5p alongside the institutions quelling any “skin in the game” argument.
In addition, Harvest announced a new 50kt sales order which takes sales and production towards its prime revenue objective of $20m p/y.
Brian McMaster, Executive Chairman of Harvest, said, “This latest sales order demonstrates the wider commercial potential of KPFértil; in that, it is going to be used as a key constituent of a blended product represents a new use for KPFértil and a new market opportunity for Harvest. Our focus during 2018 remains on sales and building Harvest into a profitable, cash-generative business. To this end, I am delighted that we have been able to deliver on this strategy, executing several major sales orders in the past few months in addition to our local distribution activities. Our team in Brazil continues to work diligently to further build our sales pipeline.”
You can hear the full interview with Doc Holiday by clicking the play bar below