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Bullboard - Stock Discussion Forum 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... see more

TSX:NPK - Post Discussion

Verde Agritech Ltd > NPK hits $1.90
View:
Post by 15Stanmore on Mar 18, 2021 10:48am

NPK hits $1.90

Hello fellow Verde shareholders.

Ok, enough already. $1.90 and it is only March 18, 2021. If you don't sell your shares the stock price will hit $2.00 before the month is done and my Verde predictive powers (which have looked pretty solid over the last 9 months) will be sitting in tatters. Who will ever forget my bold prediction of $2.00 by the END OF 2021.

Alright, I admit holding Verde shares in my portfolio at $2.00 is worth a whole lot more than my temporary online reputation. Given I am not selling my shares, I can't really be encouraging you to sell yours to keep the price down. So let's all hold onto our shares and we can be arguing about whether the price will be at $2, or $3 or $5 by year end.

All the best,

S
Comment by Ciao on Mar 18, 2021 11:16am
Stan, As you know, better to under promise and over deliver :-) Besides the NPV that helps provide a valuation on the share price, what are the metrics usually assigned to fertilizer companys wrt P/S, EV/rev, etc. Perhaps after year end is released we can do some arithmetic.  The biggest question will be accuracy in forward production and sales forecasts. As the assumptions in the PFS ...more  
Comment by BCdude on Mar 18, 2021 11:33am
There are a number of different ways to look at a stock valuation, as I'm sure you know, and I am looking forward to the metrics Stan uses or recommends. One way that I've been looking at it is thinking about the transition from ~250k annual production to 2.5 million tonnes of production -- which is what they've set their mid term sights on. That will be roughly ten times the 2020 ...more  
Comment by 15Stanmore on Mar 18, 2021 11:35am
Hello Ciao, The decision announced by CEO Veloso to undertake and file a formal update of the 2017 Pre-Feasibility Study in 2021 is a wise and timely one in my opinion. There have been a significant number of changes in the assumptions unperpinning the 2017 valuation, and by my count updating many of them will have a net positive impact on the previously generated NPV figure. The Company also ...more  
Comment by Ciao on Mar 18, 2021 4:39pm
Hi Stan, Looking forward to seeing the analysis and the updated PFS in Dec (we have been told that the NPV will be higher). I  saw a recent NR from Arianne Phosphate (DAN) and it had a market cap of about $40M and needed $1.5B CDN for CAPEX. There I was thinking that NPK had a market cap of only $60 not that long ago, a producing mine with a profitable Q behind it and just starting up. How ...more  
Comment by ICT1111 on Mar 18, 2021 7:04pm
I love the fact that our SP is flying at the moment. I love the enthusiasm. I love the chat and analysis. I love the fact that everyone on this board really gives a ***t.......   what about the path forward.... the path that really influences the SP? Our share price will not advance through love and encouragement alone ....... we have the most extraordinary oportunity to plot a path to ...more  
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