RE:RE:RE:Management GuidanceICT1111 wrote: In the third of Kanerfalk's links
https://youtu.be/DVG_syh4vBg
CV is interviewed and reveals that y/e 2021 results will be released on March 31st.... he poses the question 'will the company hit guidance' and from the look in his eye he knows that it does. He then goes on to discuss 22 & 23 guidance and comments how 21 guidance was increased 2 or 3 times..... either super confident or foolish as it is clear he is refering to 22/23 !!
His guidance for 22/23 was published January 10th and I presume was put together a week earlier..... 5 weeks later lots could have happened from a sales order perspective.
In the March 31st release I would love to know how sales are for Q1,2&3 2022 and also whether Plant 2 is on schedule (or even early) for H2 production.
JK mentioned there had been some weather delays hampering construction but that the plant should still be commissioned in July (link below). Fingers and toes crossed as that is crucial timing in Q3.
Nice conversation here by all wrt the sp and what to expect. I've been holding since 2017 so by Verde board standards im a bit of a young whippersnapper...lol! The stock was off radar for a very long time with good reason. It was a resource with an unproven market. Now we have guidance of 400k to 700k to 1.4M tpa in 2 years. Farmers have done their cost benefit analysis with kfortr and or baks going head to head with the legacy KCl product. Verdes offering appears to be soundly winning and taking share (admittedly still very early days ). As long as quarterly and annual guidance milestones are being met, obstinate longs like me and many here will not sell because even if we're just to assume a normalized net profit of $20 per ton (far lower than current numbers) and say growth flattens at 5M tpa in several years time (roughly 833k KCl equivalent) this company is still throwing off $2 per share. New longs will have to pay up if they want a piece of that (potentially very conservative) number. Just my take.
https://youtu.be/S-KK2P7hTZ0