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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 Jan 26, 2016 2:47pm
181 Views
Post# 24495092

RE:Further update ...

RE:Further update ...

keeniinvestor wrote: As a result of all my calling around on Friday I happened to source the name of their legal advisor so left a message .  Just received a callback and was informed that their role as legal advisor to MBC was terminated very late last year.  It sounded like either Nov or Dec but they wouldn't gve me the exact date.  There really was not hing they could divulge to the client privilege but at least we now know they either have a new advisor or none at all which would only make sense if the deal was signed & sealed already.  Just an FYI to all ....  



Late last year 2015 I presume? Terminated doesn't sound good does it? Whom is the legal advisor you sourced? 
 

They seem to have terminated a lot of people, groups recently. 

Bullboard Posts