Itafos Inc V.IFOS

Alternate Symbol(s): MBCF

Chemicals Chemicals

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.

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Itafos Inc

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Comment by kisstopherpon May 18, 2015 10:54pm

174 Views

Post# 23739580

RE:can share price be held at resistance of 0.04?

mingzhu wrote: if not, we are going to see 0.015to 0.02.
i estimated buyout price was 0.50 to 1.00 when book value was 1.50 before annual report; after the report :0.25 to 0.5 when book value at 1.01, now 0.15 to 0.25 when at 0.66.
its value is dimishing so fast, so, at the end of june, the book value is likelty to be in 0.30s. the maxmum buyout price will be 0.10 to 0.15. after q3, no value.
i cannot believe a 18 m cap company lost 42 m in one quater.

mingzhu this isn't going to sell based on book value. Book value is a useless
metric. Allana potash sold for a premium to book value. Why because it sold
based on RESERVES valuation.

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