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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 > Buy backs or dividends
View:
Post by Storage1 on Feb 22, 2022 7:12am

Buy backs or dividends

What does the group feel would be most beneficial for shareholders? I can see advantages to both. Any thoughts?
Comment by ICT1111 on Feb 22, 2022 9:03am
In a perfect world I want nothing to get in the way of our expansion..... CV seems to be telling us that the path to 1.4mtpa is funded. What about if we needed to be 3.0mt in 2023? How big does plant 3 need to be, what will it cost and how quickly can it be built? The key information that will be available to that committee that we don't have will be 1/ the current order book (ie are we ...more  
Comment by CapitalDawn on Feb 22, 2022 11:53am
ICT111, the fact that there is a payout to shareholders will not necessarily result in no cash for future expansion. "the Paid for Growth (“P4G”) program is being engineered in detail to enable the Company to distribute earnings to shareholders while expanding production" This passage has me excited for Verdi because it dividends are a watershed moment for any mining compy
Comment by ICT1111 on Feb 22, 2022 11:56am
Completely agree. But I dont want them to happen at the cost of expansion; and that may need to be even quicker than planned.