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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 Benedictuson Sep 06, 2021 3:13am
226 Views
Post# 33816242

RE:RE:Brazil Drought

RE:RE:Brazil Droughtfigtrader, that is a sailient point and, as Stan says, bears very close monitoring going forward with trade and receivables up 260% YoY., very generous 30 to 360 day lending terms to customers and an aggressive sales campaign to grow sales. I wonder what type of financial due diligence, if any, is being done on these farmers  credit worthiness and ability to repay or if there is any type of insurance protection for such an added risk during drought conditions. 
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