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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 Jul 02, 2015 9:48am
128 Views
Post# 23885948

RE:RE:Tuesday saw a

RE:RE:Tuesday saw a
cinram02 wrote:
old_dog wrote: Degree of confidence. It is my belief that management truly knows the corner it has painted itself into. The majors must have brought them to task. After all they may be steering the ship but their not the true captain or owner of the ship that they steer. One only has to look into the mirror and ask the question........who would hire me if I screw this up......severance packages only carry you for so long then you need to go out and get a real job....... So it's time to set a better course and be aware of what your doing........the majors will be much happier and so will all the stock holders.

will some conclusion be reached before the end of the month. I'm sure that we will not have to wait that long. I wouldn't be surprised to hear something next week.........


old_dog



geeze u r just never in the short supply of none sense. I'm sure that you will be calling for patience the hour before u die, like u've been doing the last 89 years of your life OLD dog.

you can look at the mirror as hard as you wish for as long as you wish, and keep telling yourself that you are not selling until 72c. but the problem is this, the price is determined by how much the buyers are willing to put up, not how much you are asking!

same goes with MBAC management, and those mystery "majors" upon which you rely your "predictions". I too am sure as hell they want to make a good deal of this thing but the problem is, NO BUYER IS COMING UP WITH THE MONEY IN YOUR DREAMS!



Agreed - We all know it's not selling for .72c or .66c etc.


Between .20c and .30c would be more probable in a buyout situtation.


 

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