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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

Comment by Abruzz0on Nov 12, 2020 10:19am
178 Views
Post# 31884561

RE:Continued currency weakness

RE:Continued currency weaknessThis is true across the board for all miners in weak-currency jurisdiction. Alas one could even extend that logic to the Canadian dollar over the past years in face of the US dollar.

Verde competes against imported KCl, priced in dollars. So that should somewhat even the battle.    
 
For me, this is a long play where punctual fluctuations and marginal losses/gains should not blur the bigger long term picture.
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