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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 Ciaoon Nov 08, 2021 9:49am
175 Views
Post# 34099244

RE:RE:RE:RE:RE:RE:RE:Financial Post article on Thursday

RE:RE:RE:RE:RE:RE:RE:Financial Post article on ThursdayCV imho does not have the best interests of the common shareholder in mind. We can't trust him with this "golden egg" of a deposit to benefit us all.  Now thanks to Stan's work here, we can't even trust the financials.

NPK's share price would not being so well if it wasn't for the rise in fertilizer prices. How sales was achieved (and whether receivables will explode) and how profitable it will be remains another accounting question. As CV gets his bonus from tonnage sold, I don't think he cares as much as he should.

Change the management team and BOD and I'll have another look.

The PFS is really irrelevant.  The assumptions used will be questionable, the key is  adoption rate of the product.


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