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Gold/Mining/Energy : Verde Agritech -- Ignore unavailable to you. Want to Upgrade?

To: stuffbug who wrote (15498)	10/29/2014 1:21:11 PM
From: Rocket Red	Respond to of 16582

Receipt of the funds is conditional upon BNDES's comprehensive review of the project The company intends to draw down on the funds over the next three years. Initially, Verde intends to ask for one million Brazilian reals (approximately $450,000) to pay for the production of TK for a major field trial to be implemented with a selected partner. whoopi do looks like npk starting from scratch again Verde's application to the program is predicated on optimizing sugarcane growers' production process by using TK as part of its nutrient management practices. The total budget approved is for 57.5 million Brazilian reals (approximately $25.6-million), to be sourced by a BNDES credit line, at a government-subsidized interest rate. Receipt of the funds is conditional upon BNDES's comprehensive review of the project, including a risk and market analysis. Such a review is done on a program-by-program basis. The production optimization, which is another benefit of TK, will require a number of agronomic tests for a full understanding of its reach. Such research will allow the company to pave the way for a much broader usage of the product in Brazil and quantify all economic merits of the product. Based on the quantified results, Verde will be able to grow the market and properly determine TK's pricing given its multifunctionality.