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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 Georgion Dec 14, 2021 12:41pm
371 Views
Post# 34229430

RE:Trading pressures

RE:Trading pressuresHi Stan. Thanks for your thoughts. As always spot on. I do agree with you. My price is at least CAD10 (assuming nothing in the business change) and I think we'll hit it 2025-2030. I doubt there might be some momentum trading as there any not many shares available for traders. In my opinion most of the shareholders are the one who see the potential and are prepared to hold tight and patiently. Said this I think if we see anything over CAD 5-6, I will sell at least half of my position, as I think it's a bit too early for this kind of valuation, but we'll see. I'll be happy if next year the shares are traded 2.5-3.5. Happy holidays to all.
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