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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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(18)
•••
Comment by kisstopherpon Dec 22, 2015 1:14pm
145 Views
Post# 24405320

RE:RE:RE:RE:In that particular case they were positive

RE:RE:RE:RE:In that particular case they were positive
LeMarcus wrote:
kisstopherp wrote:
kisstopherp wrote:
AdmiralFrack wrote: but usually a halt of this kind is laid out when a stock flies for no apparant reason. The only other situation I can equate it to would be the lack of information from the BOD. We shall soon see.

 


I think (hope?) it has to do with no NR related to the Dec 15th timeline they provided and didn't communicate anything further. 


They are required to provide timely disclosure of matrial events - Dec 15th date was a material event. They needed to provide an update related to the strategic review and they didn't. 


Wow! Let's see if they can find them! They are hard to find apparenty, hein Kiss!



Maybe they don't exist? Maybe they bolted? maybe it just a phantom company with some brazilian lawyer fighting on thier behalf. 

It's interesting that this ITafos Press Office noted that the plant will resume? weird
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