Itafos Inc V.IFOS

Alternate Symbol(s): MBCF

Chemicals Chemicals

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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Post by dredredre79on Nov 13, 2014 6:38am

207 Views

Post# 23123379

Now Breathe...

Things looking good. Above water and treading nicely. Adjusted EPS loss @ $0.01 which is 3x better than last year same quarter. Long term debt extension signed, got some more lending which means cash crunch looks better and all set for long term commercial production when we enter peak season in a few months.

No no mention at ALL of closing shop and Outlook seemed quite positive to me. We should move up tomorrow. $20M market cap on this is absurd. RISK has dropped considerably.

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