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.

TSXV:IFOS - Post by User

Itafos Inc

Bullboard Posts

Comment by kisstopherpon Nov 07, 2017 11:55am

118 Views

Post# 26918517

RE:RE:RE:Agrium and IFOS

Treetop2 wrote:
Great find Jim, it seems the story is not yet on the search engines.

This looks like great news at first glance, while awaiting details of how they will finance it. IFOS will become a producer overnight, with cash flow to finance other projects. And they will have a mutually beneficial arrangement with a fertilizer giant, which could extend to other projects.

Now let's wait and see the details.

Agreed - on the face of it , it looks like a shrewed transaction. As always the devil is in the details.

I'm unsure why it's taking so long to release the news given that Agrium already put out a news release and the information is now public.

Bullboard Posts

3 Mid-Sized Stocks to Consider This Season