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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

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Post by CanadianCodyon Sep 14, 2021 11:05am
272 Views
Post# 33854753

Upgraded and still bleeding

Upgraded and still bleeding Last week Reuters projected 1 year price target from $2.00 - $3.00 P/S and the stock continues to slide... EPS has been revises to the plus side and still this stock is sliding. There is only positive outlooks here and zero positive movement. I know the trading volume is extremely low with only a small group of sellers and an even smaller group of buyers. This company needs to move off the venture exchange and move to the TSX where it will attract bigger investors and get this thing moving. I personal have over 100k of shares and I know the value here, just wish others could see the potential as well. 
GLTA 

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