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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 Dougisgoodon Oct 05, 2021 10:57am
234 Views
Post# 33966824

RE:RE:Average Pricing

RE:RE:Average PricingLongtime reader. Finally decided to give stockhouse my info to join in.

They could also be doing what many companies do with an internet sales presence. The web price is used as a sales feature. Keep the product in your "cart" long enough and you start getting discount coupons, consumer gets a discount they like and purchase. 

Verde is a David vs Goliath story in competing against larger fertilizer companies. From end user reviews of their product it's an amazing product. Change is hard, so whatever gets farmers to make the change and increase Verde's market share is good in my opinion. 

They'll need purchasers for 1.8 million tonnes next year. 
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