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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 Psalm9012on Nov 14, 2016 10:21pm
311 Views
Post# 25460485

RE:MBAC Corporate Presentation - Nov 2016

RE:MBAC Corporate Presentation - Nov 2016Zaff didn't pay MBAC's debt of U.S.$237 million just to fritter it away. They've got serious skin in the game as this cost them C$9.00 per each new share. These guys operate like a vulture fund and aren't looking for a return of 5 - 10% but rather multiples. And with a float of only 2 million shares out there, you can bet this thing will whiplash higher sometime after the 2.6 million options are issued next week or thereabouts. Now is not the time to base your decision on emotion but to hold your nose and buy more. I did. Greg
Bullboard Posts