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Bullboard - Stock Discussion Forum 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... see more

TSXV:IFOS - Post Discussion

Itafos Inc > Waiting game
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Post by CanadianCody on Jan 07, 2022 2:43pm

Waiting game

Not sure why there hasn’t been any updates from the company in a month and a half? The Golder engineering report was supposed to be out Q4 and there is still no news on that. It would be nice to know what the plan is for arraias. Sulfuric acid production should start there soon as well and it would be nice to know the progress on that project. farim has been on hold awaiting financing with no new updates in about a year.... we know they are making a ton of money right now just out of conda but it would be nice to get an update on their other files. Does anyone have any insight on this? Is there possibly talks of a buyout or merger so they are keeping quiet until that transaction is complete? It makes one wonder...
Comment by Mineralrunner on Jan 19, 2022 11:47pm
It is quiet.  I found this today on Bloomberg. https://www.bloomberg.com/news/articles/2022-01-19/fertilizer-giant-nutrien-may-be-a-target-for-bhp-analyst-says?srnd=premium-canada January 19, 2022, 11:26 AM EST Updated on January 19, 2022, 3:57 PM EST Listen to this article 1:41 Share this article      ...more