SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Verde Agritech -- Ignore unavailable to you. Want to Upgrade?


To: Wiltucket who wrote (15604)12/15/2015 11:58:15 AM
From: zebra4o1  Respond to of 16582
 
I think this is bad news. Verde was counting on funding from this BNDES development bank. Now it sounds like BNDES is going to get a lot more scrutiny, and maybe not have as much money to spread around. But honestly, who knows what is really going on in Brazil.

At a market cap of only $5 million US, a lot of bad news has already been priced in. Just not sure what the path forward is if the BNDES money is delayed or gone.