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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

Comment by PedroPistacioon Jun 28, 2022 5:34am
229 Views
Post# 34786502

RE:RE:RE:RBC Notes

RE:RE:RE:RBC NotesFurther to this, I've just read how BHP's Jansen potash project won't be producing until 2026 at the earliest. Muttley - To your question about recessionary effects on commodities, this relationship applies to oil/iron ore/copper commodities, but I am not so sure about the relationship between  recession and food prices, which are more like essential staples rather than being related to discretionary spending. Happy to be corrected, but I would expect food prices and thereby fertiliser prices, to be less correlated to recessions than other commodities. But the article did refer to the connection with oil prices due to ammonia production, and oil prices will come back with a recession due to demand destruction. I think we all know that potash prices will come back. The good news is that the PFS values released were based on KCl prices about two thirds lower than where they are now. 
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