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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 Sep 09, 2020 5:28am
362 Views
Post# 31525270

Spin spin spin

Spin spin spinAnd the spin doctors are out in full force. Sell your shares. Why hold on? There is no value here, right? WRONG! This stock is and has been thinly traded and if you decide to sell due to the ridiculous posts on this billboard, while you have become a victim of rhetoric and exactly what stockhouse bullboards stand for... BULL! I have said before that this company has achieved critical mass and has proven that the business is sustainable on operating cash flow while continuing to expand on cash and minimal financing where necessary to fund CAPEX. This is a well managed company that is not fleecing shareholders by issuing shares and diluting the stock. The CEO is doing a great job by helping farmers in Brazil and growing the business. Over 600 local farmers are buying the product through repeat orders and the client base is growing well beyond critical mass. Output at 2000 tonnes per day with a 500,000 tonne capacity and permitting of over 400,000 tonnes is more than double last years output. With additional unused tonnage from last year, output can reach near 500,000 tonnes. Get ready for a blockbuster quarter as the best is yet to come. Q3 is always the best quarter of the year. Last thing I will say is beware of posters posting lengthy posts that put spins on anything and everything trying to cast doubt. Their rhetoric and ridiculous speculations and allegations are not worth reading and can cause you to make a bad decision. The target from one source is 90 cents this year and that doesn't take into account the surprise news on the new permitting that more than doubled this year's tonnage. Brazilian farmers are turning to NPK for their fertilizer and Capotex who is the primary supplier of 10 million tonnes annually to Brazil is most certainly paying attention. This is disruptive to them and is virtually guaranteed to be a takeover target. All I can say is hold on to your shares. I wouldn't be surprised to see this north of $1 within the coming months.
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