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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 27, 2021 6:20pm
159 Views
Post# 33614297

RE:RE:Amazon Canada Greensand Sales

RE:RE:Amazon Canada Greensand Sales
sparkdog wrote: CV has never had the inclination to try to enter the Cdn fertilizer market. Why bother. Takes massive infrastructure to be in place (good roads, rail lines, processing facilities both on site and in port etc etc) Maybe in the future. Brazilian market is more than big enough. I'm sure it's a bigger market than Canada. 
The next qtrs will be a outstanding regardless of what some may think of Cristiano.
I am adding all I can at the current share price range.
Bottom line profits will drive share price forward....as it should be.


Hello Sparkdog,

Domestic sales in Q2 and Q3 look likely to consume all 50,000 tonnes per month of current production capacity leaving no product available for export sales.

That being said, CV has readily agreed that it would be very beneficial to be able to run the plant in Q4 and Q1 using the excess capacity to produce product for bulk export, if an appropriate market with a single buyer (local distributor) would be willing to buy this output, especially if the revenues could be booked in the December - March months.

This would eliminate the current very uneven quarterly sales pattern, smooth out cash flows and allow the Company to maintain a steady state production schedule. I think he even committed to dedicate one of the 32 sales staff to focus on developing this kind of focused export potential in the off cycle months.

This is a useful initiative that might eventually be very helpful to the Company, without distracting it from its primary domestic development strategy.

Cheers,

s.


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