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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 multinutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, 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 located 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 goldwatch69on Mar 05, 2020 4:30am
236 Views
Post# 30768771

RE:RE:Chart looks like .20 retest of multi yr lows imo

RE:RE:Chart looks like .20 retest of multi yr lows imoNo 'raise'.  As I said before they had millions in cash exiting Q3 and CAPEX is paid for.  The 500,000 tonne plant is built and ready.  There is enough capacity to last for a while as sales grow.  The next plant will no doubt be financed through the bank as they've done before to finance CAPEX.  The chief openly stated there is no plan to issue shares.  The fact that he purchased shares at market price says it all.  They had enough cash flow last year to operate the business.  They have reached critical mass.  Now it's time for the gravy.
Bullboard Posts