RE:RE:Back to $1.10PedroPistacio wrote: The share price move will also likely in part be due to the sanctions intended on Belarusian exports which might include potash presumably?
Hello Pedro,
Good point - the Financial Post had a piece on the sanctions today. Just another positive factor that I will add to the PLUS side of the scale for measuring the Verde opportunity, to join the following that are already sitting there:
- A significant proven Glauconite Siltstone deposit located at or just below the surface that is readily mined as an open quarry or pit.
- A milling and refining process that does not require water, consumes 100% of the raw material and produces no toxic byproducts that require costly containment and disposal.
- a readily scaleable processing plant that can be duplicated as demand requires with a relatively low capital cost that can be funded from internal cash flows.
- A domestic alternative to the bulk imports of potash from Canada and Russia, located in the heart of one of Brazil's key agricultural production areas.
- Stock float of 50 million shares with no requirement for dilutive capital raises to facilitate expansion and growth. Existing shareholders will be rewarded for patience and loyalty as the bottom line turns positive and grows.
- Significant tax shields from past losses that have not yet been recognized on teh blalnce sheet.
- No debt except for equipment financing, and a strong cash balance being increased by positive cash flows.
- A world wide strengthening in demand and therefore selling price of agricultural inputs, and hence for Verdes sales both in tonnes sold and the price realized from these sales.
- A growing family of products offering domestic farmers customized solutions to their particuar fertilizer requirements at cost competitive prices.
- A fertilizer alternative to traditional potash that does not contain chloride, and is therefore a positive addition to sustainable soil health.
- A product that has many other essential trace elements
- A product that is has slow release charateristics, allowing for longer term benefits.
Now if Mr. Veloso would just take his hand off the other side of the scale, the long suffering shareholders might really see some bottom line benefits coming their way.
Cheers,
S.