Itafos Inc V.IFOS

Alternate Symbol(s): MBCF

Chemicals Basic Materials

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

Itafos Inc

Bullboard Posts

Comment by khaledbon May 20, 2015 11:27am

121 Views

Post# 23744859

RE:RE:RE:The Special Committee

https://seekingalpha.com/article/2678435-mbac-fertilizers-mbcff-ceo-cristiano-melcher-on-q3-2014-results-earnings-call-transcript?page=5&p=qanda&l=last

Gordon Lawson - GMP Securities

Hi, I have a quick question on your debt, so including all working capital and mezzanine loans, what is your current estimate of principal and interest payments in 2015 and 2016?

Cristiano Melcher - President and CEO

For 2015, we expect roughly – sorry just let me – okay, for 2015 we expect roughly $25 million and for 2016 because we start repaying September, we expect approximately $55 million.

Gordon Lawson - GMP Securities

That’s both principal and interest?

Cristiano Melcher - President and CEO

Both principal and interest.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario