Verde Potash CEO Cristiano Veloso Discusses Potash in Brazil on Midas Letter Money

Verde Potash CEO Cristiano Veloso Discusses Potash in Brazil on Midas Letter Money

ID: 149113

(Thomson Reuters ONE) -


Cristiano Veloso, CEO of Verde Potash PLC (TSX:NPK) discusses the opportunities
for his company going forward in the potash industry with James West on Midas
Letter Money.He makes the case that potash produced by Verde will be consumed
locally by Brazilian farmers, as currently Brazil is the world's 3rd largest
importer of potash.

Verde Potash plans to begin production in 2015, growing to production of 3
billion tonnes of potash by 2019. The country uses most of its potash to produce
sugar cane. In 2007, the country produced 550 million tonnes of sugar cane and
consumed approximately 6.8 million tonnes of potash.

Click on the image (or copy and paste the link into your browser window) below
to watch the video in a new browser window:
http://www.midasletter.com/index.php/verde-potash-ceo-cristiano-veloso-
discusses-potash-in-brazil-on-midas-letter-money/



The full transcript of the interview is available here:
http://www.midasletter.com/index.php/verde-potash-ceo-cristiano-veloso-
discusses-potash-in-brazil-on-midas-letter-money/

About Verde Potash.
Verde is a fertilizer exploration and development company; it was founded and is
led by Brazilians. Verde is developing the Cerrado Verde project in Brazil, a
source of potash-rich rock from which the Company plans to produce a potash
fertilizer product. Founded as Amazon Mining Holding Plc in 2005, the Company
changed its name to Verde Potash Plc in April 2011 to better reflect its core
business.

About Midas Letter Money
Midas Letter Money is the show about commodities, energy, and natural resources
and the public companies who seek for and develop them. Hosted by James West and
distributed to 450,000 installed subscribers to the Thomson Reuters Insider
platform, the show is available at insider.thomsonreuters.com or at
http://www.midasletter.com





Contact: James West
midasletter(at)midasletter.com
http://www.midasletter.com
(416) 598-9181








This announcement is distributed by Thomson Reuters on behalf of
Thomson Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and
other applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.

Source: Midas Letter Portfolio Advisors AG via Thomson Reuters ONE
[HUG#1613942]


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Bereitgestellt von Benutzer: hugin
Datum: 22.05.2012 - 15:58 Uhr
Sprache: Deutsch
News-ID 149113
Anzahl Zeichen: 2756

contact information:
Town:

Toronto, ON



Kategorie:

Business News



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"Verde Potash CEO Cristiano Veloso Discusses Potash in Brazil on Midas Letter Money"
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