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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 Benedictuson Jan 05, 2019 3:26pm
100 Views
Post# 29190490

RE:RE:Dream on

RE:RE:Dream onagreed Abruzz0, Cristiano hit his 2018 stated targets and so, if he is able to show early on after the rainy season that npk is seeing the product demand to meet the 2019 stated target of 200K tons of production sold, npk should quickly be re-rated toward the 1.50 - 2 level imo. The de-risking part of phase 1 is quickly closing in my view. 

For now, npk is technically range bound between mid .60's to low .80's until a news event or big buyer/seller steps in to play with the low float.  The markets seem to be possibly forecasting a U.S recession, so there is the outside chance that npk could test mid .50's support zone on a broad based panic selloff and mm manipulation of low float stocks.  I am looking to add some additional shares, so I would love such an opportunity but either way, I like the prospects here a helluva lot!

Happy 2019 to everyone on the board, wishing you all an excellent year!!
Bullboard Posts