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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

Bullboard Posts
Comment by TheSlowLaneon Jan 31, 2013 7:09am
222 Views
Post# 20915929

RE: RE: RE: RE: invested dog

RE: RE: RE: RE: invested dog

Sounds like you don't have the intestinal fortitude for this so given how much angst this is clearly causing you then the healthiest thing for you to do is step aside and wait until there is less risk.  Sell now and wait until after the offtake agreements, after the BFS, after the financing arrangements have been announced...that is how you can manage the risk here.  Will you have to pay more to get back in?  Of course, but that is the trade off.  

I actually think that financing is not a significant risk at this point.  We know that Brazil considers potash to be a strategic resource.  We know that Brazil is determined to develop local sources of this strategic resource.  We know that Brazil has an enormous amount of capital that is earmarked for development of projects just such as this one (BNDES).  We know that Verde has been in discussions with BNDES.  We know that the state government has long been very supportive of this project and announced years ago the tax incentives and potential sources of financing that would be available to the company.  We know that the company has hired a professional who is extremely competent in assembling large project finance transactions.  The company has put the world's best engineering talent on the FS.  They have put together a powerhouse management team.  They are sitting on a strategic resource that isn't going anywhere.  I think it is just a matter of time before the pieces come together but yes, not everybody will have the patience to stick around for the fun part of the ride.

Bullboard Posts