Verde Agritech Ltd T.NPK

Good Reaction

[retiredcf]

Clearly the market likes this NR. We also matched yesterday's trading volume in the first 30 minutes this morning. GLTA

07:57 AM EDT, 08/16/2022 (MT Newswires) -- Verde AgriTech Ltd (NPK.TO) on Tuesday said it has formed a sales partnership with Grupo Lavoro, a large distributor of agricultural inputs in Latin America.

Lavoro will be a distributor of Verde's products, including multi-nutrient potassium products BAKS and K Forte, in Brazil, the fertilizer producer said. Lavoro operates over 190 stores in Brazil.

Cristiano Veloso, Verde's founder and CEO, said Lavoro has a reach beyond Verde's current geographical scope. "Furthermore, Lavoro's track record in promoting biological products in Brazil will help accelerate the successful uptake of K Forte-Bio Revolution," Veloso said.

[nozzpack]

The growth aspects here are very compelling. Production will more than triple at 2 m tons in Q4 with another substantial increase in 2023. Its also in a very good market but still limited in its reach. Within a year, its reasonable that the share price will exceed $25 per share on almost certain increase in production. Once these fundamentals become known, the share price will progrrssively

[PedroPistacio]

All seems to be on track towards the goals of the next 18 months or so by way of selling 2m tonnes next year via Plant 2. And this should now be helped by this new distributor deal. With an announcement on Plant 2 commissioning and a Nasdaq listing hopefully not too far away things seem to be ticking along nicely. However, it is the big kickers of Q3 and Q4 that really matter. Is the product

[Abruzz0]

Of my holdings on the TSX, Verde is by far the most exciting.  Good news has been pouring in month upon month.  Growth seems inevitable, with share price increase a secondary but inevitable consequence.

[nozzpack]

Based upon my review of NPK peers is that its gross margins at 79% have no comparables in its space . This means that NPK will be profitable at low prices which will near bankrupt its peers. In addition, NPK remains an insular business and has yet to show its product to the world agriculteral world . Its premium high margins means that it can easily outcompete its competitors , winning market

[goldwatch69]

According to the CEO, historically low prices are highly unlikely. He believes $400 for KCl will be as low as she goes. Kaiser figures $500. I believe in Kaiser's forecast. As you point out, there is no way the industry can be profitable at anything lower. Rapid growth will be waking up the giants. Once fully permitted for 25 million tonnes, something will likely happen. Possibly before then