Verde Agritech Ltd T.NPK

New guidance. Two observations.

[KirklandX]

Just two simple observations:

1. As discussed before, the company are selling forward their production. So I think they will have a high level of clarity and confidence on that revenue figure. And as always, they seem to put up conservative targets that they seem to always beat. 
 

2. This news also tells me that they are very confident of the timing and execution of bringing Plant 2 online. This is incredibly positive news. Just to highlight Plant 2 brings production capacity of 3m tonnes pa of product. 2023 guidance to be upgraded again in the future?

GLTA

[ICT1111]

Just a question...... if we have the confidence to announce 2,000,000 tons of sales for 2023 how many of those will be at, or close to, today's price of US$1450 (BR1,155). The farmers have a simple choice, order at today's price or gamble a price reduction against either a price rise or no availability. At that price we could clear C$200 a ton net and an EPS of C$8