Verde Agritech Ltd T.NPK

warrants and options

[fossi_2002]

Stanmore - thanks for the detailed explanations.
This helps me with my decision to exercise the warrants.

[PedroPistacio]

Has there been a secondary market for any of the warrants? 

[15Stanmore]

Hello Pedro, As far as I have been able to ascertain, there is no formal secondary market for the warrants, and the current outstanding issue was taken up by less than 10 individual investors. This means that there is not likely any trading in these securities, unless something private was done between the original private placement participants. We will have to wait for the 2021 Q1 financial

[PedroPistacio]

Many thanks Stan. Interesting stuff. 

[mjh9413]

Had watched for few months and thought Nov 16th NR was a trigger to invest. Still, find understanding the local elements a little frustrating yet their plans seem very straightforward. Just a few points here. The financials state the warrants are 'unlisted.'  All options are in-the-money  average about 60cents. 2.3MM vested out of 3.2MM granted. Not much in way of loans and not

[15Stanmore]

Welcome MJH. This board has been a wealth of excellent postings over the last 9 months. A huge amount of detailed due diligence has been shared by folks who have spent a lot of time researching this Company, and I would highly recommend reading carefully through these posts - all the points you make and questions you ask have been fully covered, some many times over. All the best. S

[sparkdog]

Welcome aboard mjh.... You mentioned the permitting. The entire mining permiting process was halted by the governing bodies after the Vale disaster. Jan 25/2019. This delayed Verde by at least 18 months. Subsequently, all permitting takes longer as more due diligence is required of both parties.