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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 Benedictuson Jul 18, 2023 1:16am
237 Views
Post# 35545391

RE:nice move

RE:nice moveBased on potash and diesel prices over the quarter, I'm estimating.01c  - this assumes $85 a ton revenue, minimum 220k sold, fuel costs down 10% since prior quarter. Outlier is whether more sales continue to be further from mine site, which has impacted margins the last couple quarters. Q3 we should see the beginnings of scale kick in and help ratchet down bloated production costs. Just my opinion and worth all of 2 cents...
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