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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 KirklandXon Apr 19, 2022 5:27pm
317 Views
Post# 34614617

RE:RE:RE:RE:Converting MOP prices into pricing for Verde's product.

RE:RE:RE:RE:Converting MOP prices into pricing for Verde's product.Hi. Thanks for the comment. You are absolutely right - some legacy sales would have been made in 2021, that will make up some of the deliveries in 2022 (locked in at 2021 prices). But I guess the flip side is also true - we will now be making sales now, and looking in these price levels, for delivery later in 2022, but ALSO 2023. Which when you think about it is amazing. Especially as we are locking is prices for future larger production volumes. It is basically a forward hedge with no cost. Which at these prices is incredible!
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