Iofina Share Discussion Threads

[margaritas] 17/1/2025 11:58

Hello to all. New IOF investor here - after following with great interest for some time. History tells us to anticipate the Q4 results on Monday. Looking forward to an interesting year.

[beeezzz] 17/1/2025 09:31

Looks like no update this week, 2 shares bought today, no volume, yet marked up.

[chillpill] 10/1/2025 20:15

Last year the Q4 trading update on Jan 15th coincided with the IO#10 build starting that week.
It would be good if they have already started as the weather is bad at the moment- probably too cold for starting groundwork’s.
Based on the past I am going to err on the side of caution and assume they haven’t started yet.
Hopefully I am wrong!

[activmojo] 10/1/2025 08:52

Chillpill, depends on the interpretation of the last RNS. I believe it should have started in December. We should know either way in the next week. News flow could be higher that's for sure.

Rns excerpt mentions WILL COMMENCE
'IO#11 will commence construction in Q4 2024, and developments will be disclosed as it progresses. Plans for further plants beyond IO#11 are already underway and those discussions will be relayed to the market in due course.'

[chillpill] 10/1/2025 06:34

FWIW I don’t think the build of IO#11 has commenced as there has been no rns to confirm this.

I think any delay is associated to the court hearings associated with the royalty rates. Next hearing is 27th Jan.

[serratia] 09/1/2025 20:49

Brief year end.-

Chile exports up (tons), production down. Latest price $74. Big buyers on 1 year contracts starting Jan.

[riddlerone] 09/1/2025 19:01

Iofina looking an attractive hedge against Sterling which seems to be going in one direction.

[p1nkfish] 09/1/2025 17:51

It gets handed back to the supplier if I'm not mistaken. IOF would be best not handling the effluent if they tighten regulations. Treating or disposing of the effluent would be where the cost is.

[gb904150] 09/1/2025 17:05

thanks p1nkfish - appreciate the extra context.

In many ways IOF help with the problem - proper salt water disposal (SWD) sites where brines can be sent, get money for them and processed in line with all the regulations.

We get the valuable waste product. The disposer gets peace of mind it was handled correctly.

[p1nkfish] 09/1/2025 17:01

Driving price down towards $42 would apparently cause probs for Russia - what I heard, no idea if that is 100% correct. Downside is taking care of the brine and may be extra costs as volume increases. Someone may have to pay.

The other consideration is driller discipline as many are more focused on shareholder returns so would stop drilling below some price above break-even. In the past they pumped to service debt, now more discipline apparently.

[fft] 09/1/2025 16:38

One other point is the break even point of fracking. I remember a few years ago when it virtually stopped as the oil price made it uneconomic and the brine supply to IOF was severely squeezed.The price seems to vary from site to site, but the more drilling that trump encourages, the lower the price will go. Hopefully IOF has its plants in locations where the cost of fracking is lower than $50 to provide a cushion for the frackers to develop further and produce more.

[p1nkfish] 09/1/2025 16:03

A very interesting set of moving parts. More complex than first thought might suggest.

GLA and take care.

[p1nkfish] 09/1/2025 16:02

Conversation related to consequences of drill baby drill inc oil price and potential to cause Russia further financial problems. Brine came up in conversation as not inconsequential as volumes rise further. It may not become a cheaper feedstock if more cost associated with future mitigation.

[p1nkfish] 09/1/2025 15:56

Not negative, an observation following a recent conversation with a knowledgeable person who raised brine handing as becoming major issue. Avoid leaks into ground water etc and more of a problem the more they drill. Drill, yes, but brine volumes to address, some extra costs may be introduced to address. Let's see.

[gb904150] 09/1/2025 10:01

p1nkfish - that's a bit of a bizarre posting.

Trump has regularly referred to his 'drill baby drill' motto. Broadly he is supportive of exploiting natural resources and Scott Bessent's 3-3-3 plan is targeting

"raising U.S. energy production by three million barrels of oil per day, or the equivalent in other fuels."




Yet instead of focusing on what is stated, what is likely and what is reported you instead are focusing on 'there is a chance regulations on brine will tighten'.

What's the basis of that? And why are you so negative on IOF if you don't hold?

While I welcome sceptics for giving healthy balance to a BB your post appears to baseless scaremongering and FUD.

Please elaborate though if you have more.

[p1nkfish] 09/1/2025 08:24

You would think it would be all systems go under Trump but there is a chance the regulations on brine will tighten. IOFINA return Brine to the operator but if there are regulation/environmental changes it could impact both. TBD.

[zendo102] 08/1/2025 14:46

Corporate update due in a week or so. (It was on the 15th of January last year.) Hopefully there will be some (good) news on IO#11 and overall production. This is what the company said in September last year:

𝘛𝘩𝘦 𝘊𝘰𝘮𝘱0354;𝘯ҳ78; 𝘪𝘴 𝘢𝘭𝘳𝘦0354;𝘥ҳ78; 𝘸𝘰𝘳𝘬0362;𝘯ҳ60; 𝘸𝘪𝘵𝘩 𝘪𝘵𝘴 𝘱𝘢𝘳𝘵0367;𝘦ҳ71; 𝘰𝘯 𝘵𝘩𝘦 𝘥𝘦𝘴𝘪0360;𝘯 𝘦𝘭𝘦𝘮0358;𝘯ҳ73;𝘴 𝘵𝘰 𝘮𝘢𝘹𝘪0366;𝘪ҳ72;𝘦 𝘪𝘰𝘥𝘪0367;𝘦 𝘱𝘳𝘰𝘥0374;𝘤ҳ73;𝘪𝘰;𝘯 𝘢𝘵 𝘵𝘩𝘦 𝘐𝘖#11 𝘴𝘪𝘵𝘦. 𝘛𝘩𝘦 𝘧𝘪𝘯𝘢0365; 𝘦𝘹𝘱𝘦0356;𝘵ҳ58;𝘥 𝘤𝘢𝘱𝘢0356;𝘪ҳ73;𝘪𝘦;𝘴 𝘢𝘯𝘥 𝘱𝘭𝘢𝘯0373; 𝘤𝘰𝘴𝘵0372; 𝘸𝘪𝘭𝘭 𝘣𝘦 𝘴𝘩𝘢𝘳0358;𝘥 𝘪𝘯 𝘥𝘶𝘦 𝘤𝘰𝘶𝘳0372;𝘦. 𝘛𝘩𝘦 𝘯𝘦𝘸 𝘱𝘭𝘢𝘯0373; 𝘸𝘪𝘭𝘭 𝘣𝘦 𝘧𝘪𝘯𝘢0367;𝘤ҳ58;𝘥 𝘵𝘩𝘳𝘰0374;𝘨ҳ61; 𝘵𝘩𝘦 𝘊𝘰𝘮𝘱0354;𝘯ҳ78;'𝘴 𝘤𝘢𝘴𝘩 𝘧𝘢𝘤𝘪0365;𝘪ҳ73;𝘪𝘦;𝘴, 𝘸𝘪𝘵𝘩 𝘢𝘯 𝘰𝘱𝘵𝘪0368;𝘯 𝘵𝘰 𝘶𝘵𝘪𝘭0362;𝘴ҳ58; 𝘵𝘩𝘦 𝘊𝘰𝘮𝘱0354;𝘯ҳ78;'𝘴 𝘭𝘰𝘢𝘯 𝘧𝘢𝘤𝘪0365;𝘪ҳ73;𝘪𝘦;𝘴. 𝘛𝘩𝘦 𝘉𝘰𝘢𝘳0357; 𝘦𝘹𝘱𝘦0356;𝘵ҳ72; 𝘵𝘩𝘦 𝘪𝘯𝘪𝘵0362;𝘢ҳ65; 𝘸𝘰𝘳𝘬 𝘰𝘧 𝘐𝘖#11 𝘵𝘰 𝘤𝘰𝘮𝘮0358;𝘯ҳ56;𝘦 𝘪𝘯 𝘘4 2024. 𝘈 𝘮𝘰𝘳𝘦 𝘴𝘱𝘦𝘤0362;𝘧ҳ62;𝘤 𝘵𝘪𝘮𝘦0365;𝘪ҳ67;𝘦 𝘸𝘪𝘭𝘭 𝘣𝘦 𝘴𝘩𝘢𝘳0358;𝘥 𝘸𝘪𝘵𝘩 𝘵𝘩𝘦 𝘮𝘢𝘳𝘬0358;𝘵 𝘢𝘴 𝘤𝘰𝘯𝘴0373;𝘳ҳ74;𝘤𝘵;𝘪𝘰𝘯 𝘥𝘦𝘷𝘦0365;𝘰ҳ69;𝘴.

If the initial work started in Q4 2024, the company should at least now be able to tell us the final expected capacities and the specific timeline.

[kirmich] 03/1/2025 13:01

Been following for quite some time, interesting company. In at 19p over the last few days. At 19p marketcap matches equity. Definitely not too expensive, conservatively managed(definitely too conservative for long term holders), cashflow generative, profitable, tight market.

Some big shareholders increasing their stakes at current prices always a positive.

[beeezzz] 31/12/2024 15:05

Major shareholders may well be buying, however, someone must be selling. share price in reverse again...

Buyback would reduce shares in circulation and should increase SP, it seems to be working for other companies, due to tax reasons buybacks are becoming more popular..

[chillpill] 31/12/2024 08:23

I had thought it was a biggish ask for IOF to make their production target for H2 after lower than expected Q3 figures.

They must be fairly close to the figures or else they would have reported. Sets a more positive outlook for 2025 as it would appear the older Amplify connected plants are now producing more after the change in agreements earlier in the year.

[chillpill] 28/12/2024 07:09

Beercapafn,

I think the major shareholders asked the BoD not to have a share buyback as they wanted to buy more shares as they have been doing.

The top 4 shareholders now control 40% of the shares.

[muffster] 27/12/2024 09:23

It's a hobby business that pays them well

[beercapafn] 27/12/2024 08:35

Enough is enough. A buyback is essential to attract institutional investments.

IOF have had my money for close to 10 years.

If you don't give me a return, I am off.

[beeezzz] 21/12/2024 10:14

lostsole : I'd have a look at the chart for last 10 years, shows performance of management, so I wouldn't get your hopes...

They need to provide a dividend which could also increase share price ..

[chillpill] 21/12/2024 06:34

Cosayach finally have the approval to keep one of their main production facilities open:

“The Environmental Assessment Service (SEA) accepted an appeal filed by the mining company Cosayach (Compañía de Salitre y Iodo), belonging to the Errázuriz Group, resolving to approve the project called "Emplifier Negreiros", a task located in the municipality of Huara.

The initiative seeks to extend the useful life of mining, maintaining the current extraction rate of 1,000,000 tons per month, which allows exports of approximately US$150 million per year.

This project is considered important for the local and regional economy, since it not only ensures the continuity of production, but also contributes to the country's exports.

In addition, with this approval, it is expected that the "Engreiros Enlargement" project will not only strengthen the local economy, but also maintain high standards of sustainability and environmental responsibility.̶1;