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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 Jul 21, 2021 10:07am
186 Views
Post# 33580848

RE:RE:RE:RE:RE:RE:RE:It's KCl....!!

RE:RE:RE:RE:RE:RE:RE:It's KCl....!!Hello ICT1111,

I like your scenario of helping a traditional KCl farmer migrate off a 100% Potash dependency by Verde offering an easy transition plan that has all the necessary components (from the customer's perspective). I recall a consumer advertising campaign in years gone by -  "Try it, you.ll like it" - that was trying to get customers to switch to a new product.

Given what we know of the conservative, let's keep doing it the same way we have alwats done it, farmer personality, I encourage the introduction of innovative ways to introduce the long term sustainability benefits of the glauconite based products without forcing the reluctant customer to make a huge instantaneous change.

I am looking forward with anticipation to seeing what the Q2 2021 sales figures (tonnes sold and average selling price) came in at - all current indicators point towards some significant increases over the 2020 annual numbers and the positive increases reported in Q1 (albeit then offset by unexpected expednitures to produce the first quarter over quarter bottom line decline in 8 quarters.

Cheers,

S.
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