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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 PedroPistacioon May 11, 2022 9:25am
288 Views
Post# 34673521

RE:RE:2021 Q1 numbers in full

RE:RE:2021 Q1 numbers in full On the basis of my simple math of multiplying this figure by 6 to match with the prevailing global potash price this suggests an average Verde sale price per tonne of KCl equivalent of CAD$654 or US$503, versus the prevailing global price of US$562, although the deliverered KCl price for competing KCl paid by Brazilian farmers would be higher than $562 once shipping/transport etc is added on. So this suggests Verde is undercutting the price of competing global competitors by 10% or more, which presumably garners goodwill in Brazil, as well as driving enlarged market share which should improve the likelihood of Verde's intended growth trajectory. However I may have got my numbers wrong in which case forgive me, but do let me know your interpretation. DYOR etc!
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