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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 26, 2022 10:41am
259 Views
Post# 34631997

RE:Cristiano Neumann

RE:Cristiano Neumann

I take your point on the grand statements, but I think that's a little unfair. 

Both Baptista and Neumann both used a lot of debt and simply lied about the economics of their buninesses.

I agree, the grand statements aren't particularly helpful, but Verde don't have much debt (very little in fact), has been clear around the economics, and has actually under promised and over delivered with their results. Continually.

The lovely thing about mining is the basics are quite simple - dig it up and sell it. So the questions become - do you have a mineral resource? Yes Verde does. Can you sell it for more than it cost you to mine etc? Yes, it looks like Verde can. The special thing here in the capex is so small, and time to deploy so quick, against the potential returns. If you disagree with any of that then I would love to know. It's always good to get the other side of opinion. And don't get me wrong, there is still lots of work to do. 

On a serious note - the world is heading into (or already is in) a food crisis. If Verde can ease that to even by a small degree, then I'll be applauding. 

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