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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 Mar 02, 2016 11:55am
142 Views
Post# 24613013

RE:Wait will be much longer

RE:Wait will be much longer

supra48 wrote: Dont like being negative but Im now thinking we will see .01 again before any news and this year is another lost season as they have shown no urgency so why do we expect anything different. Expect more delays in the coming months.


Just atrocious management/BOD. I've never seen anyone try harder to destroy a company then these guys. 

I pray that one of the spurned bidders of the Anglo-American group makes a hostile bid here. 

I noted the sense of urgency 8 months ago and how imporatant it was. 

Its hard reading the posts/thoughts/opinions of respected posters who  thought when this was between .10 and .16c this would sell for .30c+. 

Cristiano is just collecting the pay cheques now for as long as he can go. 300k per year borrowed money to pay for it at 15% interest! 
 

Bullboard Posts