Business
FY 2017 Audited Annual Results
FY 2017 Audited Annual Results.
About this update from Harvest Minerals Limited
[{"type":"text","content":"\n \nRNS Number : 0201S Harvest Minerals Limited 28 September 2017 \n\nHarvest Minerals Limited / Index: LSE / Epic: HMI / Sector: Mining\n28 September 2017\nHarvest Minerals Limited (\"Harvest\" or the \"Company\")\nFY 2017 Audited Annual Results\n \nHarvest Minerals Limited, the AIM listed fertiliser development company, is pleased to announce its final audited annual results for the year ended 30 June 2017. The Company's annual report and accounts will be posted to shareholders shortly and uploaded to the Company's website.\n \nOverview\n· Focussed on building a leading fertiliser business to take advantage of strong market fundamentals, in particular the announcement from the Brazilian Government that it has set a target to be self-sufficient in fertilisers by 2020\n· Advancing the Arapua multi-nutrient direct application natural fertiliser project, located in the heart of the Brazilian agriculture belt in Minas Gerais state\n· Current resource of over 13Mt, achieved from 6.7% of identified resource, giving the project a +30-year mine life at a rate of 450k tonnes per annum\n· Application for a full mining concession underway - rolling four-year Trial Mining License in place, which facilitates the Company's current production\n· Multiple agronomy trials demonstrate that KPfértil works as a fertiliser and has a positive agronomic efficiency\n· Focus on gaining certification of KPfértil as a remineraliser - application submitted and a positive initial response received from the Brazilian Ministry of Agriculture, Livestock and Supply\n· Strong sales team and local sales pipeline - sales expected in Q4 2017, ramping up once certification achieved\n· Continue to review other projects that fit investment criteria and utilise Board's extensive experience in the sector\n \nFor further information please visit www.harvestminerals.net or contact:\n \n\n\n\n\nHarvest Minerals Limited\n\n\nBrian McMaster \n(Chairman)\n\n\nTel: +61 8 9200 1847\n\n\n\n\nStrand Hanson Limited\n(Nominated & Financial Adviser)\n\n\nJames Spinney\nRitchie Balmer\n\n\nTel: +44 (0)20 7409 3494\n\n\n\n\nMirabaud Securities LLP\n(Joint Bro...