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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 topdopon Nov 28, 2017 2:36pm
148 Views
Post# 27047935

RE:Back to sleep

RE:Back to sleep#MrBigger There might be 2 answers combining here to consider: 1. We have this uniquely Canadian thing called Tax Loss Selling. But how can anyone be at a "loss" on NPK as its been on a roll, right? Since the low of 6c or 8c back in January of last just year, anyone smart enough could (should) be sitting on a multi-bagger on this thing? Actually, no. From early 2009 to late 2011, NPK went from 12c (if I recall) all the way up to +$10.80 That was the real winning streak to have been part of. And there were lots and lots of retail investors caught up in that frenzy and many, I expect, must surely still be sitting on expensive stock: $3, $4, $8 a share stuff (if they've not already sold). Remember, there were buyers for that lucky seller who was smart enough to peel off NPK shares at $10.80 a pop back in 2011... Ouch! 2. Execution: Don't believe everything you read. NPK doesn't own an unblemished record when it comes to Execution. Their original plans to build a Potash mine out of the Cerrado Verde project in Brazil and at a time when these things were clearly costing other Tier 1 Potash Co's $Billions, was a major, costly misstep. But they have survived. And the Treasury structure has survived too. And that is to the CEO's credit. But given the 2 points above, I suspect that the promise of the future as now outlined by NPK holds little glamour for those "once bitten, twice shy" shareholders who might still be many multiples of the current share price underwater and they will still come out on strength, as and when they can. And it is NPK's job to make sure there are buyers for that stock. Simple. For the rest of us, it is my opinion that this is the stuff of a classic "climbing the wall of worry". If I do have a word of advice for this firm its this: now is the time to hire the best COO money can buy, someone who brings a Team and someone who is already highly accomplished and respected internationally in the Potash, Fertilizer, Aggregates & Mining space - someone known as A MINE BUILDER. Without said person, NPK is simply a Take Out vehicle, the present Management being ill equipped and inexperienced in the highly skilled and highly technical operational aspects of mine building and hence taking NPK to 5MM t/y (nevermind 25MM t/y...). These are my views only. Thanks for reading.
Bullboard Posts