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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 Psalm9012on Jan 23, 2016 11:09am
284 Views
Post# 24486883

RE:RE:RE:Wow no news today so far.....could this a sign of some sort

RE:RE:RE:Wow no news today so far.....could this a sign of some sortThe "sign of some sort" is probably good. The deal is likely done with no announcement of another extension. If they thought the deal was not good for the market then it would have replaced the extension announcement. That's when companies put out their negative news. In all likelihood we will have news Monday or Tuesday morning and those of us who have persevered through this fiasco will be rewarded. Regardless, I still believe competing bids will follow as the Real dropping in half from when this process started gives multiples of leverage in their business (will explain at later date). Greg
Bullboard Posts