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Itafos Inc V.IFOS

Alternate Symbol(s):  MBCF

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.


TSXV:IFOS - Post by User

Bullboard Posts
Comment by birdman1234on Dec 11, 2014 10:03am
147 Views
Post# 23218857

RE:RE:RE:RE:RE:RE:Just hit .06

RE:RE:RE:RE:RE:RE:Just hit .06PMI yes I saw he posts there a lot. Wouldn't want to be buying an energy sector stock right now. Oil prices may drop to the 40 dollar range by next year. Shale drilling may curtail but some areas in the Bakken can profit for as little as $25 per barrel.

Plus there is a lot of drilled shale oil wells already on U.S. soil just need to be connected. It will be at least 2 years of production online that won't see oil prices rebound until then.    
Bullboard Posts