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.

TSXV:IFOS - Post by User

Itafos Inc

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Comment by retirebefore50jon Jul 04, 2015 9:44pm

154 Views

Post# 23892434

RE:Institution/Insider bought MBC share more than $1

stockuserid wrote:
Looking on insider report, and you will see that most of the shareholder/institutions and BOD, bought the MBC shares at a price of more than 1 dollar.

I'm pretty sure if the buyout price is less than 25 cents, I don't think this big boys will be happy and loss lots of money.

So I guess, JV is more ideal, to rcover their loses (long term)

So what does that do for the final share price when the news is finally announced?
I am counting the days to get out of this mess.

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