Member Info for gotabesirius

If you want a reason to buy this company, look at Verde Agritech latest update! Think 200k this year is nailed on!

This is how the $800k commitment was distributed chronologically:

The terms of the Transaction, which will see Harvest take 100% ownership of BF Mineração and in turn exercise the option to acquire 100% of the Project, include:

· The entire share capital of BF Mineração shall be assigned to Harvest upon the payment to BF Mineração of US$100,000 in cash, plus the issue of the equivalent of US$200,000 in new ordinary shares in the capital of Harvest ("Ordinary Shares") at a price of £0.045 pence (being approximately the current share price), equating the issue of 3,333,333 new Ordinary Shares in Harvest;

o The full amount of cash and new Ordinary Shares received by BF Mineração will be distributed to the Vendors immediately following receipt, and the option to purchase 100% of the Project exercised.

· Within two years of the delivery of a NI 43-101 Resource or PFS for the Project, Harvest shall issue to the Vendors the equivalent of US$250,000 in new Ordinary Shares, calculated on a 10-day VWAP basis; and

· Following the first sales of product from the Project, Harvest shall pay US$250,000 in cash to the Vendors.

Yes not ideal but better than taking on a uneconomical project longer term

Looks like only $100k cash and 3.3m shares which explains the selling of late. Would suggest today's RNS means seller is out!

So how much have we actually paid? Other than the 3.3m shares?

4 week drill

Spud imminent....

How big is Anderson's percentage holding in Dunraven Resources?

Exactly Previn

That was mine

Hello Andrew hehe

I got a similar reply, I'm out! Expect profit warnings and further delays from supply chains and car production. Not good

Do you have a link please? Thanks

Why are you interested? Surely you must have something else to do other than post on a BB of a company you don't even like?

This will fly tomorrow!

If you factor in 320k tpa at us US$60 per tonne you see where this can go over the next 18 months!!

He said they would need no further capex to take opps to 320k tpa once the additional cover/shed is completed. Thereafter it would probably mean creating a new circuit, so basically duplicating what they have now if they wanted to raise production further above 320k ....at a cost of well over $1m

Smartarse - such a clever person they spend hours posting on a BB of a company they have no interest in and think is badly run with no outlook.....and then you question others opinions....perhaps you should get your own house in order before pulling to bits everything this company does. It's getting embarrassing!

Smalleyus- that's how business is conducted in the agricultural sector.... including the UK. The more I buy, the less per tonne it is and if I pay upfront I get it cheaper than longer term. This is why HMI have a marketing/ team of reps negotiating such deals....as we do in the UK. This company has a solid foundation now and looks like we'll see rapid growth. Only regret is we don't have a similar product in the UK!

What price are Verde currently selling their product per tonne?