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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 Park1on Jun 11, 2015 12:52pm
136 Views
Post# 23820772

RE:By transitivity for sale and being sold not the same thing

RE:By transitivity for sale and being sold not the same thingBut if the courts do order a sale of assets, the AGM has no merits (other then a vote on selling Company), but that does not look like it was in the Proxy statement?. It's not what Deutsche Bank or the Company says, it is what the court says and when, even if a offer comes in which is expected, the shareholders will still have to vote for it. By that time it might be to late?. TD has been showing a price target of 0.01 - 0.03 cents since may 01?.
Bullboard Posts