Harvest Minerals Limited · LSE:HMI
Harvest Minerals — Investor Presentation (2019)
15 slides from Harvest Minerals's investor presentation, 2019
Slide 1: Corporate Presentation Q1 2019
Corporate Presentation Q1 2019 Minerals Limited | Corporate presentation Q1 2019
Slide 2: Disclaimer
Disclaimer The information in this presentation is an overview and does not contain all information necessary for investment decisions. In making investment decisions in connection with any acquisition of securities, investors should rely on their own examination of Harvest Minerals Limited (HMI or
Slide 3: A Great Investment
A GREAT INVESTMENT AIM QUOTED, HIGH MARGIN, NATURAL FERTILISER PRODUCER Great Economics Ideally Situated • At 450Ktpa, EBITDA of US$21.45m • Located in Brazil in the heart of • Sector average P/E of 26.75 equals a the worlds largest & fastest valuation of US$360m growing agricultural belt Revenue Ge
Slide 4: Why Fertiliser?
WHY FERTILISER? INCREASING FERTILISER USE TO SUPPORT POPULATION GROWTH Growing demand for food – Asia: +50% & Middle East and North African region: +45% by 2022 More productive land required - mainly from Brazil, Argentina & the Black Sea region Fertiliser is essential for 40%-60% of the world
Slide 5: Why Brazil?
WHY BRAZIL? BRAZIL - AN AGRICULTURAL POWERHOUSE Agriculture accounts for 29% GDP & 46% of Brazil’s exports (US$85bn in 2016) Planted area up 2.2% pa 2000-16 4.9% pa increased use of fertilisers 2005-16 Domestic fertiliser production fell 9% 2012-2014 Second largest importer of fertiliser -
Slide 6: Project Overview
PROJECT OVERVIEW KNOWN MINERALISATION PROVIDES 100+ YEARS OF PRODUCTION AT 450,000 TPA KEY FACTS Minas Gerais - the heart of the Location Brazilian agriculture belt 2017: PA 0.4 JORC (2012) Indicated and Inferred 2027: PA 0.6 2017: MA 0.6 Resource of 13.07Mt at 3.1% K2O and 2027: MA 0.8 Resource 2.4
Slide 7: The Product
THE PRODUCT A NATURAL, MULTI-NUTRIENT ROCK BASED FERTILISER Trademarked, unique direct application product sold as KPFértil Approved by MAPA as a remineraliser No comparable local product Natural source of K, P, Ca & Mg – average: 4.21% K2O%, 3.53% P2O5, 6.34% CaO, 5.95% MgO Chloride & sal
Slide 8: Simple, Low-Cost Production
SIMPLE, LOW-COST PRODUCTION MODULAR OPERATIONS SYSTEM ENABLING RAPID GROWTH • Simple process - excavated at surface, milled onsite to a powder which is applied directly to crops • Plant expanded to 320Ktpa and fully operational • Modular plant design allows for additional processing lines to be inst
Slide 9: Potential Market
POTENTIAL MARKET ENORMOUS FERTILISER DEMAND LOCALLY 83% of all fertiliser used in Brazil is applied to four crops*, which are all located close to Arapua: Sugarcane Soybean Maize Coffee 450km: current furthest client 5.00 Major Crops by Cultivated Area (MHa) Surrounding Arapua 4.50 4.00 3.50 3.00 2.
Slide 10: A Focus on Sales
A FOCUS ON SALES BUILDING SALES PIPELINE THROUGH DIRECT SALES AND DISTRIBUTION PARTNERS Achieved 2019 Initiatives KPFértil registered and approved by MAPA, Receive full mining license the Brazilian ministry of Agriculture Submitted an application for a full mining license to the Department of Mines,
Slide 11: Brand Development and Marketing
Brand Development and Marketing Minerals Limited | Corporate presentation Q1 2019 10
Slide 12: Investment Case
INVESTMENT CASE SIMPLE PRODUCT, IDEAL LOCATION, REVENUE GENERATING SCALABLE WITH LONG PROJECT LIFE UNIQUE, CERTIFIED NATURAL PRODUCT • Known mineralisation should ensure 100+ years • Significant advantages and no direct of production at 450,000tpa equivalent product in the local market • Current 320
Slide 13: Appendix - Key Data
APPENDIX - KEY DATA CONSISTENTLY PROVIDING VALUE FOR SHAREHOLDERS SHARES TICKER MARKET MARKET CAP SHARE PRICE JOINT BROKER IN ISSUE Arden Partners HMI.L LSE £19.86m 11p 184,335,884 Shard Capital As at 17.01.19 SHARE PRICE GRAPH SIGNIFICANT SHAREHOLDERS 25 % FULLY NUMBER SHAREHOLDER PAID SHARES SHARE
Slide 14: Appendix – Board and Senior Management
APPENDIX – BOARD AND SENIOR MANAGEMENT A BLEND OF CORPORATE, BRAZILIAN & PROJECT DEVELOPMENT EXPERIENCE Brian is a member of the Institute of Chartered Accountants with 20 years’ experience in corporate reconstruction & Brian McMaster turnaround & performance improvement. This includes working with
Slide 15: Brian McMaster Executive Chairman
Brian McMaster Executive Chairman bmcmaster@harvestminerals.com St Brides Partners Ltd Brazilian Office Financial PR Adviser Av. Jornalista Ricardo Salisbury House, London EC2M 5SQ Marinho 360, sala 113 Isabel de Salis Ed. Cosmopolitan Barra de Gaby Jenner London Office Tijuca, Rio de Janeiro +44 (0