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Verde AgriTech Ltd. T.NPK

Alternate Symbol(s):  VNPKF

Verde AgriTech Ltd is an agricultural technology company that produces potash fertilizers. The principal activity of the Company is the production and sale of a multi-nutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, Silicio Forte, and internationally as Super Greensand (the Product). K Forte is a potash fertilizer that is a source of potassium, silicon, and magnesium and micronutrients. BAKS is a combination of K Forte plus three other nutrients that can be chosen by customers according to their crops’ needs. It mines and processes its main feedstock from its 100% owned mineral properties, then sells and distributes the Product. Its Cerrado Verde Project is in Minas Gerais state, Brazil, which is a potassium-rich deposit, from which it is producing solutions for crop nutrition, crop protection, soil improvement, and increased sustainability. Its technologies are Cambridge Tech, 3D Alliance, MicroS Technology, N Keeper, and Bio Revolution.


TSX:NPK - Post by User

Comment by 15Stanmoreon May 28, 2021 10:47am
186 Views
Post# 33285682

RE:2.5mtpa mining nearly there!

RE:2.5mtpa mining nearly there!Hello Janota59,

Thank you for this great update - your fellow shareholders appreciate your tenacity in searching through the online weeds to find these information gems. This is clealy very good news, and would appear to herald the fact that we are very close to having secured the regulatory approvals that will assure the production growth pathway for Verde for at least the next 5 to 10 years.

We now need to see the marketing and distribution efforts redoubled to ensure that the percentage growth in sales that have been accomplished over the last 10 quarters on a very small initial base are continued on a more significant total tonnage. Getting from 250,000 tonnes per year up to 2,500,000 per year is the new target, and should be the basis on how management performance is measured and appropriately rewarded.

Let's see what the second quarter delivers - we enter June nex week, with the end of Q2 only 33 days from now.

Thanks again for your continued postings.

Cheers,

S.
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