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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

Comment by MuttleyKnowson Nov 01, 2022 10:09pm
318 Views
Post# 35065101

RE:RE:Earnings?

RE:RE:Earnings?Give the company a couple of months to work out any start up issues on the second line in plant 2 and then we are off to the races.  Can you imagine what the numbers in 2023 are going to look like.  2.4 million tonne capacity means a single digit forward PE ratio if the company can sell out (which I would expect given the lack of domestic supply).  The company's Paid 4 Growth strategy is going to have serious money for dividends and/or share buybacks as well.

I missed the 4 dollar window (sigh) but I bought some more shares recently at around 6.  I wonder if I should buy more in anticipation of 2023 as CV will be issuing guidance for 2023 soon.
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