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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 Psalm9012on Apr 16, 2015 11:33am
225 Views
Post# 23636316

Focus on Fundamentals - Everything Else Noise

Focus on Fundamentals - Everything Else NoiseAt this stage, most posting is by pumpers, bashers and flippers and is nonsense - like the accounting that gives this a $0.08 - $0.10 value. You need to go back at least a month or more to read about the fundamentals. I provided several posts discussing the benefits of Brazil, currency, logistics, etc. Most reputable posters are now just sitting back and enjoying the ride. Two key pieces of info. to keep in mind - the NAV exceeds $200 million and there are multiple bidders. Don't get too caught up with what TD is doing - they are the largest trading platform. I'm doing a lot of day trading through them but will not touch my large core position. Greg
Bullboard Posts