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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
Post by goldwatch69on Sep 21, 2020 8:41pm
201 Views
Post# 31595562

Far more important is growth

Far more important is growth This was posted last month on the board about the Q2 presentation delivered on August 26 2020, mentioning the quote below, interpreting it to be a reason to reconsider investing in Verde and alluding to Verde becoming a 'non profit' operation. "Far more important than our net profit is the consistent growth that Verde AgriTech is delivering as it introduces new sustainable technologies to support global food production. We expect this growth to accelerate in the coming years as we launch a new generation of technologies currently in advanced stage of development. Verde AgriTech is looking to revolutionize the sustainable production of food." How absurd. Never was it stated that the company would sacrifice operating cash flow over expansion. In fact the company has always indicated that it would continue to expand with cash and minimal financing to get through phase 1. In addition, the company has stood by their position of increasing their cash position this year. The accelerated growth is said to be over the coming years, not instantaneously and not at the expense of driving this into the ground. Everyone knows that a company's objective should never be for profits alone. The reason why companies exist is because of their customers and satisfying their needs. Itz basic marketing. Verde is an emerging growth company with tremendous potential and value. I believe that the company will continue to grow the business into a much larger operation while sustaining the operation with enough cash positive cash flow to keep it growing. One day the competition will be chomping at the bit to buy out the company. Until then, this is money in the bank. I fully expect to see 90 cents a share that is currently the latest target price and I wouldn't be surprised to see it break through a dollar as the target was based on information prior to the new permit and revised capacity. Best to all longs including you, Ben. Just do us a favor and be a little more careful who you stick up for. There is much more going on here than it may seem.
Bullboard Posts