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 Jul 30, 2015 4:13pm

143 Views

Post# 23977357

RE:RE:RE:0.04 resistance was broken now, next stop is 0.015

trader99999 wrote: I don't think that shareholders will be wiped out. I agree that it is probably a restructuring but the trade volumes indicate people are scared and dumping. At this point, you might as well stay in. IMO

I apologize to everyone I really did believe DB would be able to secure a buyout for .20 to .30c - I underestimated how easily and nefarious it would be for the BOD and Management to orchestrate the ability for B&A to secure the assets for nothing.

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