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

Bullboard Posts

Comment by kisstopherpon Jan 08, 2016 8:37am

188 Views

Post# 24439546

RE:RE:RE:RE:RE:RE:Based on ....

Bucala wrote: Mas, I respectfully disagree with your position. I think the deal will go through but it may not be what we expect. The deal may not directly influence share value but if it gets operations resuming, its all I'm hoping for

It's crazy to know that when this whole thing started this had 180 Million in USD (200 CDN) in equity.

I believe that richardtrader has nailed it and it's a leveraged recapitilization.

They were never motivated to sell at the bottom.

I maintain that the only way to guarantee equity out of MBAC is for it to be sold outright.

Bullboard Posts

@ the Bell: TSX advances to start off Christmas trading week