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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 mjh9413on Apr 21, 2022 12:32pm
328 Views
Post# 34620657

RE:Please help! My conservative calc come to $96 per share. WTF

RE:Please help! My conservative calc come to $96 per share. WTFWhy not look at the Audited Financials on SEDAR and take it from their. Maybe you forgot to deduct costs of prod which are about 26% of revs. Anway the company's own projections are pretty definive and can be used to calculate all sorts of tonnage increases

Period                         Q1 2022 Q2 2022 Q3 2022 Q4 2022 FY 2022
Sales target (tonnes)   115,000 200,000 250,000 135,000 700,000
Revenue        (C$’000) 10,070    21,954   27,228    13,011 72,263
EBITDA         (C$’000)    1,358   10,155   13,414      3,506 28,434 
EPS              (C$)             0.02       0.18       0.25        0.06      0.50

The 2022 guidance is underpinned by the following assumptions: • Average Brazilian Real (“R$”) to Canadian Dollar exchange rate: C$1.00 = R$4.40 (on March 18, 2022, the exchange rate closed at C$1.00 = R$3.99). • Average KCl CFR Brazil of US$500, compared to current price of US$1,025 per tonne (as per the market intelligence firm Acerto Limited weekly price for March 17, 2022). • Sales Incoterms: 50% CIF and 50% FOB. • Sales channels: 50% direct sales and 50% indirect sales. Note that the assumption above does not include the grant of a new mining concession, as originally presented in the January 10, 2022 press release, because in February, 2022, Verde was awarded a Mining Concession for extraction of an additional amount 2,500,000 tpy of Product, bringing Verde’s total permitted mining capacity to 2,833,000 tpy. 


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