Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 15Stanmoreon Nov 19, 2021 2:21pm
185 Views
Post# 34147117

RE:Verde calculator......

RE:Verde calculator......Hello Janota59,

Thanks for this useful link. It appears the cost comparison algorithm behind the calculator uses the K-Forte and BAKS pricing from the current website for the starting point for the three "free" delivery states (MG, and ) and then makes adjustment to apply FOB pricing for the more distant destinations.

My challenge is when I use the current Government trucking/delivery minimum tarrifs to cost out 35 tonne bulk loads to various destinations that are 250, 500, 750, 1,000, and 1,250 KM from the Sao Gotardo plant, I get average costs per tonne that would suggest all the CIF deliveries go to destinations that are beyond the borders of the 3 free states. This does not make sense as the free CIF free deliveries are all within those borders and I would guess on avearge about half way from Sao Gotardo to each border.

I would just like to be able to run a logical calculation that suggests the average cost per ton reported for CIF delivery cost on the Q2 and Q3 financial statements is reasonable given what we know of how those costs are driven. So far they appear to be double what I woud have expected given the tonneage and destinations.

I have gone back to the online database which provides every bill of lading for shipments handled by truck companies from Sao Gotardo, and plotted each of the destinations. The only scenario that comes anywhere close to estimating the actual costs is if Verde pays the full price for a truck to travel from the destination location to Sao Gotardo, to fill up, return to the destination and dump the load. Perhaps I am not understanding the logistics in Brazil. In Canada the delivery cost is the one way trip. It is up to the logistics company to find another load to pay for the cost of the otherwise empty return trip.

Any thoughts?  
<< Previous
Bullboard Posts
Next >>