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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
Post by cheval57on Apr 08, 2015 9:47pm
118 Views
Post# 23611454

Interesting

InterestingI am a shareholder of Dusolo Fertilizers. The message that they have been providing to their shareholders is that the agricultural season in Brazil starts in April and that sales of fertilizers are really starting around that time. Please read their news for the previous months to have an idea of what I am mentioning. We are now in April, the rainy season is almost over and maybe it is over ( I am not  aware of the climatic condition in Brazil right now).

So if MBAC is saying that it is putting its property on care and maintanance because it is not a good time to sale fertilizers maybe it is old news like someone on this bulboard just mentioned.

I think that the time for buying fertilizers is now or very soon. So I am satisfied with me holding shares of MBAC. It has been said that Brazil imports a large quantity of fertilizers because it is not able to get what it needs internally. Certainly, there are parties interested in MBAC.

Good luck to all.
Bullboard Posts