RE:cancellation of licencesfigtrader wrote: but in the end established good working relationships with the government on the road to immense success
As Figtrader suggests above, the environment for mine permitting in Brazil reflects the recent disasters and an over abundance of caution going forward. That being said, everything I have seen and understand about the Cerrado Verde Project puts us at the far end of the approval process spectrum. The deposit is readily accessible and there is limited overburden removal. The extraction process is straight forward, and 100% of the ore is utilized. Processing does not require the use of solvents and other chemicals, nor does it produce any harmful byproducts which require disposal or storage in dangerous tailing ponds. The end product is a stable and multi factored fertilizer in great demand to maintain Brazil's high output of agricultural products. Adding K-Forte and BAKS to farmland results in long term sustainable production in soils that have better water retention capacity.
All this adds up to a very positive proposition compared to most mining and extraction projects and one that should be readily accepted and supported by local and federal governments once all the details and facts have been properly presented. If you cannot support a company with a project like the Cerrado Verde deposit, who can you support?
Patient and steady investors in Verde Agritech will be well rewarded over time, IMHO. I hope you will all stay on board for the great ride ahead.
Cheers,
S