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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 Mar 23, 2015 8:27pm
147 Views
Post# 23553042

RE:RE:Failure to report quarterly impact.

RE:RE:Failure to report quarterly impact.

i'm speculating, here but :

Potash Corp is issues 500M bonds march 26th. The repayment of their current bond is sept 2015.

PotashCorp intends to use the net proceeds of the offering for general corporate purposes, which may include the redemption of its US $500 million aggregate principal amount of outstanding 3.750 percent notes maturing on September 30, 2015, although PotashCorp is not required to redeem these notes prior to maturity. The offering is expected to close on March 26, 2015, subject to customary closing conditions.

https://www.potashcorp.com/news/1980/
 


upupandaway7 wrote: Sent an email to MBC investor contact Joe Racanelli today and received a response a few hours later. I asked if the company will release Q4/YE results soon or is it silence until strategic review process is complete. He replied that the company expects to report results by the end of March; and the strategic review process is ongoing and that they will apprise investors of material developments. Be interesting to see the results of Q4/YE, as potential buyers or partners may be waiting for the public disclosure as well in my opinion before committing one way or the other. Should see some activity in the next week or two.

 

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