(TSX-V: NPK | OTC: AMHPF)
Verde Potash is a mineral exploration and development company founded by Brazilians in 2005. The company is focused on the development of Cerrado Verde project. Cerrado Verde is source of a potash rich rock from which Verde Potash plans to produce a slow-release, non-chloride, multi-nutrient, fertilizer product. Verde Potash is a UK public company with shares listed on the TSX Venture Exchange since November 2007.
Highlights
- Deposit is at surface with an area of 100km by 6km
- Management team with deep industry experience
- Significant domestic market for potash in close proximity
- ThermoPotash product uniquely suited for Brazil: free of "salts" and slow release
- Development/distribution partners (2 yr/15% offtake agreements): ArcelorMittal, Agrifirma, Sekita
- Tight share structure / Well-funded
- Preliminary Economic Assessment indicates robust economics
- Full backing of local state government: tax incentives, financing options, assistance with permitting
Share Structure ( details)
Shares O/S: 32.4MM
Resources
Company web site
Video overview of Verde Potash
Corporate presentation - Dec 2011 (pdf)
Development Timeline
In Situ Value model
The Brazil Board - SI board for Brazil discussion
The Cambridge Process: Wikipedia - Univ of Cambridge
Charts: Daily, Daily II, Weekly
Articles
"Verde Potash" The International Resource Journal
"Verde Potash heats up on Brazilian thermopotash" Northern Miner (pdf)
"All Eyes on Verde Potash" Rick Mills' interview with C. Veloso
Excerpt from John Kaiser's write-up
Pescod's "Lottery Ticket" article
Images
2011 Cerrado Verde drilling (pdf)
Apatite Project map - phosphate deposit - Detail map
Regional Claim map (FVS is Verde Potash)
Pilot plant: 1, 2, 3, 4, 5
CV from Google Earth: 1, 2, 3
Cerrado Verde drill hole locations
Cerrado Verde property map showing the Funchal Norte target
Verde Potash on Flickr
Milestones - 2012
- Updated resource calculation for potash rock (Q1)
- Field test results (multiple crops)
- TK product registration (Q1)
- KCl Preliminary Economic Assessment (Q2)
- Apatita Phosphate Resource Calculation (Q2)
- TK Definitive Feasibility Study (Q3)
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