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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 lindbeckon May 24, 2013 1:57am
198 Views
Post# 21435711

RE: In Pursuit of Potash

RE: In Pursuit of Potash

Thing is, it really doesn't matter too much about the other potash juniors. Brazil desperately needs to be potash independent & Verde has the solution for them. Sure, it's going to take a bunch of money & smart engineering but the system is so very much like a cement process...it's just not very difficult to make this happen. We are getting in on the ground floor (price wise) & as soon as we have the Environmental Impact Assessment, the permit to go ahead with this business, Verde will inevitably become a blue chip stock similar to Potash Corp.

Btw, with all this chatter over FLSmidth only being able to guarantee 3,000 tpd, I took the time to punch in some numbers on the old calculator. 3,000 tpd plant working for 5 days a week. (let's assume they take weekends off for maintenance, holidays, whatever). 52 weeks in a year. The annual output would be 780,000 tons. That's more than what Verde wanted to produce in 2015 & 2016 anyway (which was 600,000 tons per year).

Of course, we all know that in order for us to have the bankable feasibility study completed we must be able to guarantee 12,000 tpd, so as soon as we get that other engineering firm signed up, it's off to the potash races.

Bullboard Posts