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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 15Stanmoreon Nov 12, 2020 3:37pm
189 Views
Post# 31886790

RE:Earnings

RE:Earnings I have been steadily adding to my holdings, heading to a goal of 200,000 shares. I will not be a seller until we see the stock above $1, and that is a moving target set by the latest results and the bottom line momentum and subject to regular upward revision.

My assessment is that the trading float is relatively small, and any increase in interest by new investors will quickly push the price of the shares upwards as demand outstrips supply. With a solid base of long term investors who purchased the shares at considerably higher values, why would you sell just when the investment you made is starting to be properly valued?

Roll on the 17th.
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