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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 Mar 18, 2021 11:35am
254 Views
Post# 32825967

RE:RE:NPK hits $1.90

RE:RE:NPK hits $1.90Hello Ciao,

The decision announced by CEO Veloso to undertake and file a formal update of the 2017 Pre-Feasibility Study in 2021 is a wise and timely one in my opinion. There have been a significant number of changes in the assumptions unperpinning the 2017 valuation, and by my count updating many of them will have a net positive impact on the previously generated NPV figure.

The Company also has three years of operating cost actuals with which it can refine the cost calculations that are a significant part of the cash outflows in the NPV spreadsheets.

I am sure many existing sharesholders, very happily holding onto every share they have purchased to date, will be looking forward to seeing this updated study released, hopefully by the end of Q3 2020.

I will be working away on the key performance indicators and valuation ratios as soon as we receive the 2020 financial statements in two week's time.

All the best,

S
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