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), and approximately 27kt per year of hydrofluorosilicic acid (HFSA). Arraias is a vertically integrated phosphate fertilizer business located in Tocantins, Brazil with a production capacity of approximately 500kt per year of single superphosphate (SSP) and SSP with micronutrients (SSP+). Farim is a phosphate mine project located in Farim, Guinea-Bissau. Santana is a vertically integrated high-grade phosphate mine and fertilizer plant project located in Para, Brazil. Araxa is a vertically integrated rare earth element and niobium mine and extraction plant project located in Minas Gerais, Brazil.

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Itafos Inc

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Comment by moneymaker75on Oct 15, 2014 11:02am

171 Views

Post# 23029496

RE:Can someone confirm please

What has been the difference so far on RBI and MBC?

RBI offered a financing to the market, they never claimed to fill it. Then went under.
MBC offered a debt resolution. They claimed it was complete, but several weeks later they are still saying things need to be finalized. Fishy, no?

Sounds to me the only difference is that RBI was honest in its situation. MBC hasn't been, giving lots of sellers a chance to dump out of their position at 13-20 cents as opposed to 0.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?