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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 PedroPistacioon Nov 15, 2021 7:46am
344 Views
Post# 34126169

No surprises here

No surprises here

I think these figures deliver my expectations, given that sales were well flagged in earlier announcements to the market. I know Stan is concerned by some production cost increases, but input costs are going up for everyone right now and I don't currently see any red flags, subject to further scrutiny. The sales prices achieved however look better than Stan's predictions so that evens things out.

I was also pleased to see confirmation of funding for the next plant. 

My only slight disappointment is no new news on permits. This seems to be the missing piece of the story that might hold things back a bit. 

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