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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 PedroPistacioon Nov 16, 2020 5:27pm
179 Views
Post# 31911154

RE:Q3 results

RE:Q3 resultsThe strength of Q2 fooled me I suppose, when in reality maybe Q2 stole something from Q3 in terms of forward ordering. And the company's upward revision in guidance suggests maybe 40,000 tonnes will be sold in Q4, further suggesting that Q3 is becoming less dominant than it was, which would be a good thing. Nevertheless, feel somewhat deflated, although good news about the extra 50,000 tonnes of mining licence for pit 2 thereby taking annual production up to 482,800, so potential for a doubling of sales in 2021 over 2020. And also it is wrong of me not to accept that poor old Brazil has had a tough time of it with the Covid-19. Roll on 2021. 
Bullboard Posts