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Verde Agritech Ltd T.NPK

Alternate Symbol(s):  VNPKF

Chemicals Chemicals
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

Verde Agritech Ltd > Run is OVER
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Comment by laurencelefouon May 30, 2022 9:15pm
269 Views
Post# 34718698

RE:RE:Run is OVER

RE:RE:Run is OVER
Verde is in the planning stage of adding a third plant that would bring total production to 13 million tonnes per year.  Once completed, the estimated profit per year is ±US240 million or CDN$310 million or CDN$5.90 per share.  The plant might not be in operation before 2025, but I am willing to wait.
 
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