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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 Benedictuson Mar 31, 2019 1:14am
177 Views
Post# 29560017

RE:A joke of a company

RE:A joke of a companyif even 10 to 15% sales focus shifts to higher margin opportunities in N. America that could potentially bring them to positive cashflow status by year end. one salesman generated 50K tons of orders, so the 200k target for 2019 looks very achievable at this point. But I agree that this expansion plan for 2020 will not be financed by any cashflow that could possibly be generated by the current margins. Since Cristiano answers questions on the ceo.ca board that would be the place to bring your questions. and doubts. I think the 30M mkt cap for npk is about right. This time next year, if production target is met, the revs should be 8 -9M with possible loss of 300k - 500k assuming margins stay the same. So a forward psr of 3 doesn't seem outlandish with the growth potential, if indeed they successfully expand to 800k tons in 2020 and receive all the permits. I am perfectly comfortable staying long with the growth story here and mgt underlying belief and support in the sp and potential.
Bullboard Posts