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.

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Itafos Inc

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Comment by kisstopherpon Mar 02, 2016 11:59am

183 Views

Post# 24613030

RE:May extention

old_dog wrote: They really want this company....all cleaned up. One thing I did notice is that there was nothing mentioned in reagrds to monies or interest. So this just might be a case of waiting out the last cases. I'm sure all the folks that worked at the plant are a little sorry didn't get together as a whole and wrap up all the wages in one kick. The money they were paid must be gone by now. That being said I'll wait it out a little longer...I waited this long what a few months more.

old_dog

Alpha want 15% interest. My (bizzare) hope is that they are hoping another bidder comes in and takes the thing with Alpha garnering a nice 15% for thier efforts and patience in the process.

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