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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 > Another year of > 100% growth
View:
Post by Abruzz0 on Mar 30, 2023 9:02am

Another year of > 100% growth

Guess that this sums up the achievement that long-term holders have dreamed of:
"We are proud to now be Brazil's largest potash producer by capacity, with an installed capacity of 3 million tonnes per year".

Now it is going to be much more a game impacted by external factors (e.g. demand and price) than anything else. 

Still early days, but if NPK can double up again in 2023 it will be one of the most successful stories of "zero to hero" in recent TSX history.
Comment by rudinm on Mar 30, 2023 9:25am
yes but outlook and prices do not look great exprect a big drop in stock prices
Comment by Abruzz0 on Mar 30, 2023 9:32am
Rudinm, potash prices are impossible to pin down in the current market... But the production outlook does look solid. I do not have any other company in my portfolio that is promising such levels of production growth y-o-y.
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