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Monday, 3 June 2013
Verde Potash's objective 'completely aligned with the strategy of Brazil's Development Bank'
Leonardo Moretzohn, who will soon be joining the board of directors at Brazilian fertiliser explorer and developer Verde Potash (TSE:NPK), tells Proactiveinvestors he believes Brazil has a huge potential to develop and be very competitive in the agribusiness, and that it is key for the country to develop a local production of fertilisers. He argues that in this scenario, Verde Potash offers a very good alternative solution. Moretzohn argues that the company's strategy is completely aligned with the strategy of Brazil's Development Bank (BNDES) and believes BNDES will want to play a very important role in the funding of the Verde Potash project.