Itafos Inc V.IFOS

Alternate Symbol(s): MBCF

Chemicals Basic Materials

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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Post by Jamessonon Apr 07, 2016 4:27pm

263 Views

Post# 24742412

food for thought

I think it could have a sell panic when it will reopen after the current halt.
But how could it stay at this level when we are now out of bankrupcy? It will go higher on a long term.
It also depend if their 93% share comes on the stock exchange or stay private.

I see 2 possibilities:

1- Their 93% come on the stock exchange and the SP staying stable with a constant slope higher, because with only 3.6% we will not affect the share price.

2- Their actual 79% staying private and the other 14% for the transaction with GBL coming on the stock exchange. Then we would still have a large impact on the share price and some big waves before the stabilisation.

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