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 kisstopherpon Jan 11, 2016 2:46pm

260 Views

Post# 24447247

RE:RE:RE:Poor Deal - Better Odds Outside Bid

keeniinvestor wrote: One question then ... why didn't Mosiac just attempt a hostile takeover back in early 2015 when their supposed bid (no one knows for sure) was rejected?

1) Maybe they didn't bid/aren't interested
2) If they did bid they may have signed legal documents prohibiting them from doing so for a specified time period
3) The value of the debt has decreased over time (menaing it costs less to buy now)
4) The value proposition has gotten better today then in early 2015 (due to FX, price of SSP)

I still pray they save us from these clowns.

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