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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 canadianbearon Aug 23, 2022 1:25pm
326 Views
Post# 34914721

RE:Investors Shouldn't Be Too Comfortable With Verde AgriTech's

RE:Investors Shouldn't Be Too Comfortable With Verde AgriTech'sHave to disagree fully with this take on NPK. The writer does not know or understand the company IMO. Christiano V. and Board made the conscious decision to NOT issue any more shares, but to self fund development of the company. Naturally, free cash flow is affected as it is going into funding plant construction and corporate development. This is a great way to advance the company and to complain  about FCF is a farce.
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