More than one International Buyer of Permanent Credits
Verde Agritech Ltd. is in advanced negotiations to sell carbon credits to major international corporations that are established purchasers of permanent carbon offset.
Currently, carbon credits for permanent carbon offset similar to Verde's are being sold at prices up to $500 (U.S.) per tonne.
The company is able to generate up to 300,000 tonnes of carbon credit annually through its existing production .
This won't be 75000 credits .
The large Internatiinal buyers need huge offsetting credits .
The extra 10,000 ton production will be included in the deal ...which gets us to about 1.3- 1.5 m tons of credits
Then the next stage of production expansion will then be financed by the same offtake aqgreement.
This arrangement is not fertilizer price dependent .....a straight out purchase of permanent CO2 credits as fast as they can produce and plant the product
Who were the idiots selling today