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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 24, 2022 3:01am
325 Views
Post# 34916176

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

RE:RE:RE:Investors Shouldn't Be Too Comfortable With Verde AgriTech'sAgreed Benedictus. On the oil price (read truck diesel costs) relative to potash prices, yes if oil rises further and potash falls to $300 then margin contraction and profitability is hugely compromised. However I think we are seeing a closer correlation between oil prices and fertiliser prices than has been the case before, due to the Russian situation having an affect on both prices, but also due to nitrates and urea prices being highly oil dependent I believe, and also because transport costs will also rise for the potash imported into Brazil, albeit less volume per tonne of potash in the 1:6 ratio. Gives some comfort. In the best case scenario the Russia problem would go away and both prices would fall, but leaving enough margin for Verde to do nicely. 
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