Verde Agritech (NPK.to/AMHPF) has had an incredible run that was a major part of my win of the Pick 4 contest.
There is a board on I-Hub with not much traffic, but I want to share it here to, as I believe it still has zip code changing potential from here, albeit probably at a slower pace than over the past six months.
Verde has an unconventional source of Potash, located within one of the world's richest agricultural economies, where they import 99% of their potash needs. Verde's glauconite derived "Supergreen sand" is only 10% potasium (K), where as conventional KCl is 60% K, so it takes about 6x more of Verde's material than typical potash. The company charges per pound of K, so it charges the market rate for K in traditional KCl. This aspect has made it a hard sell, but the farmers trialing the product have raved about how it improved plant health in forage crops like bananas and coffee, drought resistance, and fruit quality and yield. This has lead to gradually increasing sales over the past few years.
Then the US and allies sanctioned Belarus and Russian potash, Lithuania closed a critical rail line for Belarus to export their KCl. Potash prices have gone from under $300 a year ago to over $1,000 at present. While it's not clear Brazil is going to ban Bela-russian Potash, the market has set the price much higher already and it seems that Verde will be able to sell every ounce they can dig of their material at market prices.
This is a very comprehensive video overview of the company to get you acquainted with the company:
Recent awareness of how the chloride in KCl is destroying soil bacteria, which is reducing the carbon absorption capacity of the soil biome provides another interesting catalyst. Woody Harilson's documentary "Kiss the Ground" has brought this issue to light and Cristiano says watching the documentary is a prerequisite for owning his shares. Then just last week the company announced they are introducing a product that contains beneficial bacteria and filed for a patent to begin adding beneficial bacteria to their fertilizer, which helps make the nutrients more readily available, and could potentially work into a carbon credit for use of their product sometime in the future: https://investor.verde.ag/verde-launches-bio-revolution/
Watch the videos and look for the farmer testimonials videos on Youtube, they really seem to have convinced a lot of farmers their potash is superior to conventional sources.
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