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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 Aug 10, 2022 7:32am
263 Views
Post# 34883902

RE:RE:RE:RE:RE:Daily volumes

RE:RE:RE:RE:RE:Daily volumes Not at all sure what caused the sell off, other than my badly timed post. I think some holders have not been able to sell in the last week or so since the change in registration so perhaps a seller or two suddenly turned on. As far as I can tell the Brazil Potash CFR Granular Spot dropped Monday to $950 per tonne from $1,000, but was flat overnight at $950 - at least according to the source I look at. (I do find it difficult to find reliable charts of this potash pricing data.) Given the long term price in the business case is at $368, this move is small beer, and I think the futures price has been pricing between $900 and $1,000 for some months so things still looking fine as far as I can tell. Happy to be corrected though.
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