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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 Ciaoon Apr 07, 2021 9:23am
210 Views
Post# 32948172

RE:RE:CV appointed as Chairman

RE:RE:CV appointed as ChairmanHi Stan,

No doubt that your recent inquiry led to the "formal" filling of the Chairman's position by CV. 

When you buy a company, you are buying management: we see a one man show here with complete control of the company. The bonus given in Q4 will likely be the final straw for some of us here.

As I alluded to before a target of 350K tons is not the type of growth I was expecting unless we are going to be at 500K to 1M tons next year.  I don't see any immediate catalysts for the company and although this should be a long term play, my faith in management has dwindled significantly.
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