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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 goldwatch69on Nov 13, 2020 12:08am
240 Views
Post# 31892974

RE:Earnings

RE:Earnings The BLUNT intro was all about the Investor Survey.  Verde has always stated up front in their presentations not to invest in the company if you were risk averse.  This time they spelled it out for the dumbest of the dumbest to get the message of what risk averse... and I would expect that they want strong hands owning the stock.

So far they have stated that they have not been impacted by COVID at all.  I don't see why that would have changed since August.  

Judging by the stock action, it looks like we are in for a much better quarter than last year.  They've added a lot more local farmers to their client base and those farmers are going to need their fertilizer no matter what.  The price has come down which will help the farmers.  If they managed 2000 tonnes a day for 80 days, that's good enough for me.  Even 150,000 tonnes for the quarter would be much better than last year... and with the next phase approaching, the growth will be tremendous! 

Check out the Survey results on the Investors page.  
Bullboard Posts