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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 kisstopherpon Apr 13, 2015 1:25pm
108 Views
Post# 23623870

RE:RE:RE:FYI: Conditions to make bid for Itafos : debt + Premium

RE:RE:RE:FYI: Conditions to make bid for Itafos : debt + Premium
Domovyk wrote: I agree that some views may be way over positive.  Look at what recently happened to Allana.  The buy out price came in no where near longterm holders dreams.  Because of current market conditions.  Anyone buying at this point is likely doing it because of the pickings in this market.  Price may be good for recent purchasers but not so great for lond term holders.  Based on Allana say maybe twice current price is more likely.  But in todays market who knows.  It could be much worse or a bit better.  But why would anyone pay a premium when they do not have to.  Please people do your own research.  Many of the boards are full of people pumping or bashing or both.


Agree Domovyk - However based on the Allana valuation the Mbac would be in .40 to .50c range given the value of Allana

The reserves are low-end valudation of .55c a share based on similar transactions.

When MBAC was last at .11 in early Jan I thought it would sell for between .25 - .35. I'm holding to that now given the SP appreciation.
Bullboard Posts