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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

Post by PedroPistacioon Nov 15, 2020 5:01pm
963 Views
Post# 31903746

Q3

Q3Given the target of 220k tonnes for this year, and given that 83k has been sold so far in Q1 & Q2, plus, based on last year, Verde should be able to sell at least 15k or so in Q4, the minimum sales I am expecting in Q3 is 120k to meet the co's target for the year. Anything less will be a disappointment. However given the 70k sold in the quieter Q2 I am hoping for sales momentum in the biggest quarter to lead to Q3 sales of 150k+. Let's see. 120k gets a "meh", 150k gets a "great stuff" and 170k would get a "yeehaa"!
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