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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 SimplyTheFactson May 14, 2014 2:36pm
527 Views
Post# 22561637

RE:RE:Contacted Verde and asked 3 questions:

RE:RE:Contacted Verde and asked 3 questions:Hi PouleMaitre:

It is my understanding that BNDES is now concentrating on those who are appealing their decision for financing. They will then get to financing structures. You are correct, the structure of the fiancing could be released anytime from now to end of year. But having been around this comapny for sometime and having read about BNDES financings in the past, in addition to them being busy with appeals, it is my opinion that the financing structure will probably be announced towards the latter part of 2014... leaving a huge amount of time with no NR of substance.

I don't believe permits or more agronomic trials will move the stock, as we saw recently with the NR about TK. As for offtake deals, I have asked them about it for a long time, they say yes, we have intersted parties... but I do not believe there is anything like that in the works to be released anytime soon.

These are just my opinions and everyone is entitled to reach their own conclusions.
Regards,
Simply
Bullboard Posts