Bullboard - Stock Discussion Forum Itafos Inc V.IFOS

Alternate Symbol(s): MBCF

Chemicals Basic Materials

Itafos Inc. is a phosphate and specialty fertilizer company. Its businesses and projects include Conda, Arraias, Farim, Santana and Araxa. Conda is a vertically integrated phosphate fertilizer business located in Idaho, United States with a production capacity of over 550 Kiloton (kt) per year of mono ammonium phosphate (MAP), merchant grade phosphoric acid (MGA) and ammonium polyphosphate (APP... see more

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TSXV:IFOS - Post Discussion

Itafos Inc > Next Steps

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Post by Nutcracker2021 on Nov 19, 2021 9:59am

Next Steps

What are the next steps with this company?

financials have been looking good, this management team seems to have a plan in place, but how do we start to see meaningful gains?

move to the TSX? I know we have a VERY small float, but I really want to see this thing start to move.

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Comment by CanadianCody on Nov 19, 2021 6:20pm

Agreed!! TSX would get this thing too 100k plus volume a day. Its undervalued at this point considering the EPS. Share prices should be around the 3-4 dollars range with current financials. MAP prices are through the roof and have no signs of retreating anytime soon. So if you price that into the market price you should be around $5 per share. For weeks there's been huge selling @ 1.35, one ...more

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