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 15, 2016 2:50pm

119 Views

Post# 24661022

RE:Implications of May Cases

Greg - The word is INCOMPETENT.

One of the worst managed strategic alternatives process ever.

This Management/BOD has shown:

Indifference
Lack of transparancy
Lack of respect to shareholders
Incompetence
Lack of integrity

MBAC is only worth what someone is willing to pay. I have long said we require a saviour and hopefully one of the four or five spurned bidders for Anglo's mine makes a bid. Too much potential to let it to go to someone else.

Then again you could always just ask Old_Dog he always seems to have the inside answer.

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