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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

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Post by Sugoioi on Sep 03, 2021 10:16am

Trucks

How go the truck movements Stan?
Comment by 15Stanmore on Sep 03, 2021 10:56am
Apparently the July and August truck traffic, now running 7 days a week, resulted in a community protest by folks in Matutina and Sao Gotardo and a blockcade of the processing plant on August 25. Verde's neighbours are clearly not happy with the day long convoy of trucks going between the mine site and the processing plant, and the convoys of trucks coming empty to the processing plant and ...more  
Comment by Sugoioi on Sep 03, 2021 11:05am
Good to hear the volume. Shame about the complaints. Pretty common back home too. When farmers in the area would spread manure where I grew up some of the very vocal people in the town would lose their own s$$t. Glad it's not manure!
Comment by Janota59 on Sep 03, 2021 11:41am
The traffic was suspended: https://www.jusbrasil.com.br/diarios/1143476275/amm-mg-26-08-2021-pg-129 MAYOR'S OFFICE MUNICIPAL DECREE No. 081 OF AUGUST 25, 2021 MUNICIPAL DECREE No. 081 OF AUGUST 25, 2021 "PROVIDES FOR THE SUSPENSION OF MUNICIPAL DECREE No. 080 OF AUGUST 24, 2021 ON 8/25/2021 AND 8/30/2021 AND GIVES OTHER PROVISIONS." The Mayor of Matutina, State of ...more  
Comment by 15Stanmore on Sep 03, 2021 12:34pm
Hello Janota59, Thank you for finding this confirmation of the August 25th issue with the movement of trucks from the mine to the processing plant. Perhaps we can ask the Company to put out a news release covering the events around August 25 2021, including the original decrees (Number 80) issued by teh Mayor of Matutina, and subsequently suspended (Number 81) after the Company met with the ...more  
Comment by sparkdog on Sep 03, 2021 1:34pm
I wonder if any of this issue will find it's way into the next monthly news letter. Certainly, whatever remediation was agreed too will cost money.
Comment by Janota59 on Sep 03, 2021 1:51pm
Stan... I did look for Decree 080 when this was first flagged but could'nt find anything relevant at the time,so only half a story there. I would guess that decree 080 allowed a temporary and alternative route through the town whilst hardening of the roadway was in progress. The suspension Decree 081 was only for the two days 25th and 30th Aug, so I would expect any agreement made did not ...more  
Comment by 15Stanmore on Sep 03, 2021 2:00pm
Comment by Janota59 on Sep 03, 2021 2:37pm
Stan... That's what they are doing now, road improvements or hardening as I put it. Drecree 080 will be part of those improvements. They can't drive on the roadway that's being improved, not until it's completed. They have conducted a traffic survey on that route prior to mining activities and together with the expected traffic numbers added through and up to 2.5MT production ...more