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


To: kidl who wrote (15849)5/23/2018 2:38:58 PM
From: Sultan  Read Replies (1) | Respond to of 16582
 
A quick look at my web broker after I heard that interview, Sirius Minerals PLC on OTC Pink SRUXF shows 1.6B market cap and 4.7B shares outstanding.. Last trade was US 0.50 only 1750 shares traded.

Mind you, unlike NPK, they are going full speed ahead to develop their project with full permits, plants, capital raised in billion etc.. Really big operation with probably some big backers if you see their website and presentations..

It does however show the marketcap disparity between the two but Verde to overcome that will have to really beef up the operations and management because for now they project a small scale outfit who has to go every year to increase their permit and approval etc.. Does not make sense how the approvals are given out.. May be they need big, well known and credible backers to raise their profile..

Nonetheless, at 40+ m shares, they should be trading 4-5 times higher then the current $0.80 .. I guess we will find out whether or when that happens .. or not..



To: kidl who wrote (15849)5/23/2018 4:53:01 PM
From: marcos1 Recommendation

Recommended By
kidl

  Read Replies (2) | Respond to of 16582
 
npk.to/sxx.l - interesting, saw that just before you posted ... comparisons are greatly overwhelmed by differences, imho

Note interviewer is brit, backdrop is London skyline, there are the major connections ... and alright, they are both fertiliser projects ... other than these, well -

Vast quantity of salts-free verdete smack in the middle of, and within lorry range of, a huge and growing market in the Cerrado, versus whatever Sirius has of a sulphate/saline product in Yorkshire ... which does have some fine agriculture yes, i've gotten soil under the fingernails just northwest of there ... plus it's on the coast, so could be shipped overseas at minimal cost, there's an existing mine so infrastructure will be in place, yes there may be decent economics in it [or not, don't know enough to tell], but these two will definitely not be competing for the same market [as CV points out]

Four point seven billions outstanding - lol ... <shakes head> ... and at usd fifty cents [can that possibly be right - sruxf?], lord love a duck, if i had some i'd sell it ... market cap is screaming that it's gotten great pump, while npk has not, yet ... it's like where you and i were talking two other plays - this is not comparison, this is contrast

Polyhalite - sort of says it all - 'many' plus 'salt' in greek - en.wikipedia.org - says 'low in chloride' but i expect only relatively so ... can't imagine the dutch would be wanting any chloride added to their polders, and they're the nearest offshore market ... maybe they have a way of stripping it out, don't know ... in any case i expect cost of production will be radically higher than npk's current programme, and possibly cost of transport as well

What struck me most was how well CV has matured over the years ... still quite young, and always was fully capable, but nobody can point to him now and say there's a green kid, what does he know

As for the two companies, if you put them both on a spectrum of their own, they'd be on opposite ends -g- ... Sirius market cap is siriusly interesting though eh, shows what's possible in the sector ... if only ... and when ...