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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

Post by 15Stanmoreon Dec 09, 2021 1:01pm
386 Views
Post# 34215103

Amazon Canada Listing

Amazon Canada ListingCheck out the pricing here:

Super Greensand Powder, 68 Minerals and Trace Elements, 44 Pounds : Amazon.ca: Patio, Lawn & Garden

2
0 Kg for $90 Cdn - that works out to $9,000 per tonne versus the $65 per tonne average bulk price last quarter.

I think that is a 138 times mark up, all of which is taken by Amazon in its various fees and levies, with Verde potentially not even covering its costs.

Understood that this is a marketing gimmick.

Cheers,

S.
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