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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 Aug 05, 2015 10:52am
149 Views
Post# 23990472

RE:RE:RE:RE:RE:Expecting a better deal to MBC ....

RE:RE:RE:RE:RE:Expecting a better deal to MBC ....
notacasino wrote:
kisstopherp wrote:

 

Narvansri wrote: Do you think shooting a mail to DB will help out .....
 


They are massive and won't acknowledge your inquiry. 

 

I'm hoping somene comes in and puts a grenade in this thing.
I can assure you anyone that puts a reasonable buyout in front of shareholders will have the votes. 

Retail shareholders are not aligned to management. 



Kiss, don't forget that us small retail investors only account for roughly 25% of the outstanding 181 million shares. It would only make sense that the jokers running this thing would be in private consultation with the big boys. There is still a lot of value in the assets after deducting the ridiculous amount of debt.


Hope your right - I would still hope and prefer a buyout. 


Bullboard Posts