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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 PatchHandon Jun 25, 2018 10:03am
153 Views
Post# 28223319

RE: 3,250 tons Sold to Single Repeat Buyer

RE: 3,250 tons Sold to Single Repeat BuyerAt 45 tons per hour (first phase) this is equivalent to 3 days of production with a 24 hr operation. That isn’t very much. Nice to see a sale but I’m concerned nothing else is in the pipeline as they would have given us a hint with this news release. I would have hoped they would have mentioned other customers are currently in the works, but they said nothing. 50 more of these orders is no small feat and not even a hint that they have others in talks. Hopefully this is a domino effect but who knows. 
Bullboard Posts