RE:Congrats to NPK posters
I met Cristiano at a conference in Vancouver last year and spent a few hours talking to him. From what I remember, he isn't too focused on the North American market, even though the margins are massive compared to selling large scale to Brazilian farms. When I spoke to him in May, I believe there was an American organic fertilizer company that was buying some of their bagged product like what is being sold on Amazon, and repackaging it for their own resale. Maybe they can make more agreements like this to help penetrate the US market, maybe even have it custom packaged for the different org fertilizer companies. As far as a price target goes. That's honestly not something I've thought about in regards to Verde. I'm more interested in the potential dividend stream. Cristiano said as a best case scenario, it would take a 10-12 years to reach full production, while doing dividends along the way. I asked what happens when they get to full production, whether they would look for more deposits or expand production even more. He told me that the deposit is already large enough as it is, with a long enough life span as it is. He told me that at that point the majority of profits would be distributed to shareholders in dividends. If/when those dividends start rolling is when I retire.... and my position is much smaller than yours.