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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 jplordureon Feb 09, 2015 12:21pm
79 Views
Post# 23410761

RE:RE:RE:3c! 3c! 3c! coming!!

RE:RE:RE:3c! 3c! 3c! coming!!I would agree that management did the impossible by crahsing such an easy business (comparing with benchmarks in the fert Business and considering the market). Hopefuly there is competition over getting the assets and we can get some of our initial investment back. Usually, when such announcement is made, it's because some "agreement/deal" is already made and closing terms are being negociated. I would be very dissapointed that nothing is announced prior the quartely posting end of March. They call that an earning report release... they should call it a shame status report. 
Bullboard Posts