Bullboard - Stock Discussion Forum Verde Agritech Ltd VNPKF

Primary Symbol: T.NPK

Chemicals Basic Materials

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

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Verde Agritech Ltd > More capacity?

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Post by Janota59 on Aug 10, 2024 1:40pm

More capacity?

If Verde have already >2.8Mtpa extraction capacity then why have they applied (02-08-2024) for a GUIA on a separate tenement?

https://sei.anm.gov.br/sei/modulos/pesquisa/md_pesq_documento_consulta_externa.php?Dw5BgI2DFMbZfaN-2ZQIG-rqoRM5MS6qf0M_TyTV079FuHQw6Giy7eudmM3XSdrKM3yoCdiuhEn49bCFRaTGQhpQrGcHD0RArozkodjBANWPIvhETQAurzaF64SCWqZS

Tipo Protocolo:

Solicitar Prorrogao da Guia de Utilizao (permisso para realizar extrao mineral excepcional antes da Portaria de Lavra)

Protocol Type:

Request Extension of the User Guide (permission to carry out exceptional mineral extraction before the Mining Ordinance)

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Comment by Janota59 on Aug 10, 2024 11:43pm

Head in the sand then! Good Luck.

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Comment by Benedictus on Aug 11, 2024 11:28am

You raise a good point Janota. Thanks for always keeping us informed with behind the scenes activity of the company. This question should be raised on the upcoming Q2 cc.

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Comment by Janota59 on Aug 11, 2024 12:47pm

You should ask what extraction allowance (tpa) they have applied for. FVS were prevoiusly granted 3 year 100ktpa GUIA on this tenement though that has since lapsed.

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