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Verde Agritech Ltd T.NPK

Alternate Symbol(s):  VNPKF

Chemicals Basic Materials
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

Verde Agritech Ltd
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Post by PedroPistacioon Nov 19, 2021 12:33pm
215 Views
Post# 34146253

What have I missed?

What have I missed?

Verde shares are now down 12% from the point reached post the Q3 results, and are 4.4% lower than a week ago pre-results. 

The last few posts on this board seem to suggest, if I have understood correctly, that the cost of the product when including transport costs is MORE than the sale price? If true, how can there be a profit showing on the accounts? 

Forgive my ignorance!

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