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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

Bullboard Posts
Comment by 80waleson Jan 11, 2012 12:29pm
284 Views
Post# 19391845

RE: Hold your horses.

RE: Hold your horses.

Nice try ;)

 

Read the bottom few paragraphs of this article. 30 days. Scoop it up and process it. Two years!? Nah.


https://aheadoftheherd.com/Newsletter/2011/Interviews/AOTH-with-Verde-Potash.htm

 

"When we examine Verde Potash’s project, we start seeing what a great opportunity it is in addition to all those marketing aspects which we discussed. In terms of scalability, our potash deposit is right at surface. We have over a billion tonnes of potash, or potash rock at around a 9% grade, that starts at surface and extends down to between 40-50 meters. 


You just scoop it out and that’s your ore. Strip mining has a much cheaper cost then underground mining, but equally as important, it’s easy and cheap to scale up. You can start small or you can start big. By starting small, with a modest capital cost, current investors are not too badly diluted. You can grow your business very aggressively with cash flow and debt. 

Ramp up for a conventional operation can take anywhere from six years and up. In Verde’s case ramp up is pretty much nonexistent. Equipment manufacturers have indicated that within 30 days we would be operating within a minimum of 95% of the forecast production rate. 

If you look at the financial models from conventional operations you will see a 20%-30% production start-up and slow growth from there. For Verde, by the end of the second month, we can be running at 100% production capacity" 

Bullboard Posts