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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 Benedictuson Dec 07, 2021 11:19pm
257 Views
Post# 34209073

RE:RE:RE:RE:$3 before years end?

RE:RE:RE:RE:$3 before years end?

If plant 2 is fully online by the beginning of Q3 they'd certainly have capacity to do 1M tons for the full year but going from an estimated 400k for 2021 to 1M next year seems like a very lofty expectation.

YoY growth was about 100% for 2020 and projected at 64% for 2021, so anywhere in this ballpark would continue an incredibly promising trend.  But as the customer base grows, the outlier potential for a "big fish" farmer switching from test plot(s) to whole farm is probably growing over time.

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