Member Info for whl2

It's not quite that simple Source888 You need several tons of kp fertil reminiraliser to replace 1 ton of traditional fertiliser, I believe one video quoted 7 to 1. It still works out cheaper than fertilisers however. Volume should be good too, as you say.

Great figures, but I doubt they're making $30 a ton at the moment. The processing costs will only come down when production is 200k upwards. Another factor is the currency, 200 real is now worth just under $38 so I can't see anyway we're making $30 a ton at the moment. I do agree, however, that the final figure should be over 100k this year, hopefully 120k and the excellent progress made this year will continue into next year.

It would be nice to see 10p to be honest. 17p is market cap £33 which would be a very high p/e. The driver of the share price will be the company's cash balance. If they are not delivering the business model we're going nowhere. Speaking of drivers, nice to see the video on kp fertil's instagram showing the trucks lined up for loading with the caption "Full Steam Ahead!" - let's hope so

I'm expecting interims next Thursday along with the 3Q update.

Don't worry John, the "I told you so" train will be along later this month !

Next update will be 30th September targa, giving 1H 2021 results and sales figures for 3Q 2021

I think the options were about 10 to 14p targa, and would have expired long before the share price was going to rise to that level. If they do insist on issuing them again then hopefully again it will be at a price of 15p or 18p, around the same figure for the last fund raise, and not for example an easy figure of 6 to 8p now that we are on the verge of six figure annual sales.

Agree with you regarding timing of dividend payment. !4 million market cap would give a share price of 7.5p based on 185 million shares in issue. To be honest, I would rather see a share buy back to further boost the share price. Think a market cap of £15 million is about fair given progress this year and Verde are capped at 37 million, and we're getting close to where they were last year. Desperately need to break out of the 3-5p channel first however.

Looks like the buyers are back again today - could we be in the weekend newspapers ?

And they're selling it at a much higher rate than us - surely we haven't stuck rigidly to the 200 real figure this year ?

Verde Average Pricing
In July I had worked up an estimated weighted average price per tonne for the price list on the Verde website based on Company reported sales mix and wholesale discounting. This was $144 Canadian per tonne, in comparison to the $50 per tonne reported in Q1.

Q2 sales recorded a $55.86 average realized price per tonne, so our estimates for Q3 were adjusted to $66.50 per tonne (less than half the already discounted $144).

The latest price adjustment has now moved the weighted average estimate to over $180 per tonne.

While I have not adjusted my Q3 estimate from $75 per tonne, this latest across the board price increase with one month still to run in Q3 makes my estimate look like a readily attainable target.

Based on Q3 projected sales of 143,000 tonnes at an average realized selling price of $66.50, the Q3 sales at $9 million will equal the entire sales in the 12 months ending December 31, 2020.

Found this on Verde Agritech share chat board- we must be giving the stuff away at 200 real !(just over 38$ per ton)

Verde increases its prices 11% to 13%
The August 30 2021 website online order page now has new prices across all products, running from 11% - 15%. WHile these are simply following what is happening in the market place, I would also suggest the sales in July and August have consumed the 50,000 monthly production capacity and the 20,000 tonnes of prestocked inventory held at June 30th.

This would leave only 50,000 tonnes for sale in August against a strong demand. Raising spot prices by 15% would go some way to ensure the Company is maximizing its marginal sales revenue on the product it can ship in September without running out of stock and truning customers away.

Coffee price now 1.97 $ per pound weight, last seen in 2015. It should be nigh on impossible to muck this up now, especially now Heyho's gone !

Coffee price now 1.97 $ per pound weight, last seen in 2015. It should be nigh on impossible to muck this up now, especially now Heyho's gone !

An excellent post sharegar, a concise summary of the company's progress over the past 12 months. It is frustrating that they are unable (unwilling ?) to provide more detail of progress this year and I believe the company has swung from ambitious to over cautious this year (largely due to the 33% shortfall last year which wasn't really of their doing). I would find it amazing if they fail to reach six figure sales this year, everything is pointing that way.

I think everyone is expecting good figures come end September, but I do hope the H1 year results show an increasing cash balance along with an improved target sales figure. I'm not sure even this will get us into double figures this year, we may have to wait till end of year results next year. The market has clearly not forgotten, nor forgiven, the huge amounts of money wasted on the earlier partnerships which came to nothing, as well as the two other failed potash projects which have required funding for the past years.

As you say, no license fee or infrastructure costs this year so we should be at the initial phase of "the cash cow years" as you put it. I would like to think that the company would recognise the tough four years the long term shareholders have endured and reward them with a dividend, however small it may be, rather than claw back the lost share options from previous years and issue new ones. Only one month to find out !

If they're selling the stuff at the same rate as they're churning out daily tweets, I can't wait for results day !

What RNS ?

I agree John, it's very frustrating but all we can do is wait for the 3Q update. If they keep putting those tweets out saying robust sales and stepping up sales we might need another storage shed at this rate! 177% increase in sales without "stepping up sales" - gotta be 100kt plus by year end. I'm just concerned they will award themselves share options - they did at Jangarda this week (16 million - nice). Roll on September!

At the current exchange rate, 200 real = $38 which is just short of the $40 needed to make 40kt approximately breakeven. The remaining 40kt should in theory give a profit of about $1.6 million or £1.1 million. A p/e of 10 would give a share price of 6p, whereas a p/e of 15 would give us 9p. At the rate they've been increasing sales this year, I can't see how they can do anything less than 100kt (increases in sugarcane and soya, coffee price, fertiliser price, 177% increases in last two quarters)

In theory, very little cap ex, but wouldn't be surprised if directors rewarded themselves with a nice package of share options. Until the company shows money coming into the company or pays a dividend, the markets will not re-rate the stock.

in Brazil up 9,5% today and 10% yesterday. Given current fertilizer prices we simply have to be making
money this quarter. I'd be gobsmacked if they didn't increase guidance target with next set of figures.

Not really sure which dimension is added Targa. I can't see this turning till next year as the market clearly has no faith in the company. The share price will not improve until the cash position is drastically improved. Payments from farmers are holding this back and will continue to do so in my opinion for another year. Ominous to note he has played key roles in equity raises.