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Verde AgriTech's fertiliser 'highly disruptive and beneficial to farmers'

Agriculture-tech group Verde Agritech PLC (TSE:NPK), the producer of the  Super GreenSand fertiliser,  has a product, which is highly disruptive in the space and beneficial to farmers, according to founder and CEO Cristiano Veloso.

The pre-feasibility study for the project in Brazil revealed a net present value worth of about US$2bn with a 280% IR (internal return).

In March, the firm inked a turnkey agreement for the construction of a processing plant, which Veloso says will have a big impact on the bottom line.

Quick facts: Verde Potash PLC

Price: 0.42 CAD

Market: TSX
Market Cap: $19.33 m

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