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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

Post by goldwatch69on Jul 05, 2020 3:23pm
158 Views
Post# 31226210

Don't be misled

Don't be misledThere have been too many posters on this board knocking the company and attempting to create confusion. They have one goal in mind and that is to get you to sell your shares. Since this is a seasonal business, numbers will be lower at the beginning of the season. I wouldn't pay attention to insinuations about problems with production costs and margins for the weakest quarter of the year. I would expect better numbers in the next two quarters. Volume and margins should improve as more is produced at a faster rate. The new mill will certainly be an added efficiency. Do you your own due diligence and pay no attention to any questioning of the integrity of this company. This is a good company that continues to grow. With no dilution planned, expansion paid in cash and an increasing cash position, the outlook is better than ever. This is the first year they made it through the rainy season on their current cash position while managing to expand capacity with cash... and the cash is growing. It's only going to get better.
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