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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 16, 2022 1:15pm
324 Views
Post# 34899826

RE:RE:Good Reaction

RE:RE:Good ReactionAll seems to be on track towards the goals of the next 18 months or so by way of selling 2m tonnes next year via Plant 2. And this should now be helped by this new distributor deal. With an announcement on Plant 2 commissioning and a Nasdaq listing hopefully not too far away things seem to be ticking along nicely. However, it is the big kickers of Q3 and Q4 that really matter. Is the product hitting the guidance and at what price? I thought it was interesting how CV said that some of the sales in Q2 were priced at levels agreed in Q1 when prices were lower. I am hoping that this bodes well for much of Q3 sales being locked in at the high prices in place during Q2. And of course we are already half way through Q3. Overall, all is still looking good in my opinion, but the next two quarters are critical in terms of confirming the growth story which in turn should help put the share price on a decent multiple of the expected EPS for 2022 and 2023. GLA. 
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