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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 Dec 10, 2020 9:57am
173 Views
Post# 32075974

RE:Track up-grade?

RE:Track up-grade?
Janota59 wrote: Select pagina 118 on the link below:

https://www.jusbrasil.com.br/diarios/AMM-MG/2020/12/10/Paginas-sem-caderno?p=10

Search 'Verde'.

It's 21.53km up-grading of rural track LMG-764.
LMG-764 links MGC352 and MG235 and is approx 25km.

May be the explains the horrendous road improvements costs in the recent BS presentation?


Here is the quoted text in English:

 LAW No. 1010, OF DECEMBER 7, 2020. PROVISIONS ON IMPROVEMENT WORKS TO BE CARRIED OUT BY GREEN FERTILIZERS IN 21.53 KM IN THE ROUTE STARTING AT LMG-764 UNTIL THE NEAR TO THE MUNICIPAL CEMETERY - SECTION 1 - EXTENDING TO THE NEARBY MINE - SECTION 02 AND SECTION 3, (REMAINING FROM THE ROAD); AUTHORIZES THE CONCESSION OF USE OF RELATED MUNICIPAL PUBLIC GOODS FOR THE PERFORMANCE OF WORKS AND AUTHORIZES THE LOCAL WORK ASSIGNMENT. Published by: Taise Mariana Gonalves Identifier Code: 5633ADE9 The Sao Gotardo processing plant is on Highway LMG-764 which is a fully paved road from Highway MG352 to Highway MG235. The unpaved road to the mine site runs from LMG-764 and is likely the subject of this approval, based on following the existing road on Google Maps. Great evidence that things are humming along with the expansion plans. Good find Janota, thank you for your very timely updates from this online source. 
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