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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

Post by 15Stanmoreon Aug 15, 2021 7:50pm
360 Views
Post# 33707927

Range of Q2 Production estimates

Range of Q2 Production estimatesThanks for the various estimates - let me summarize:

Less than 71,000 tonnes (below Q2 2020 production) - time for the Board to find a new CEO.

80,000 tonnes - about 12% growth - the minimum expected production increase that would buy CV another quarter to prove he can grow the Company.

90,000 tonnes - about 27% growth - perhaps a midpoint in the Q2 volume estimate and if accompanyied by an average price per tone the same as Q1 then we see a very positive increase in $ sales.

100,000 tonnes - about a 40% growth - a milestone target for Q2 and one that should see CV get back on track to earn his 100% annual bonus in 2021 (he fell behind his pro rata goal in Q1).

Over 100,000 tonnes up to 150,000 tonnes (quarterly cap) - break out the champagne and buy more shares while you can still get them under $2.

We shall see tomorrow.

Cheers,

S
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