Iofina Share Discussion Threads

[bogg1e] 05/10/2014 20:05

Hilarious!

[woolybanana] 05/10/2014 19:52

Humour can be dangerous; remember during the Emperor's reign it was an offence in France to call a pig Napoleon. May still be.

[woodpeckers] 05/10/2014 19:32

No guys, seriously, listen to SG, clocks change tonight, have a lie in, you won't miss any of the fun..... ;-)

[spike_1] 05/10/2014 19:06

In Iofina's world, time is measured not by clocks but by calendars.

[naphar] 05/10/2014 19:04

Humour people, humour, what's tomorrow morning??? Lol

[sempereadem] 05/10/2014 18:59

Don't the clocks go back at 02:00hrs on Sunday 26th October?

[owenga] 05/10/2014 18:55

Superg1. What country are you in lol.... Clocks don't go back where I am???

[captain_kurt] 05/10/2014 18:33

Thanks for the heads up superg1 :@)

[tim3416] 05/10/2014 18:28

Fastest finger first SG!!!!

[superg1] 05/10/2014 17:50

We'll see.

Don't forget IOF investors the clocks go back an hour tonight so you all need to set your alarms for 1 hour later. Add on 30 mins just to be sure you get enough sleep.

Go did it now, all of you, otherwise you will forget, I insist.

Honest, just for this year, Greenwich forgot about the leap year in 233474835 BC so to correct that, the clocks go back tonight. They have changed the time change to tonight. :-)

It won't disrupt anything as the markets are closed tomorrow.

[tackems] 05/10/2014 16:29

FUM maybe SG1???

[bogg1e] 05/10/2014 15:53

Indeed, as enraptured as I am with Iofinas results, forward looking vision and water licence approval, my eyes are on quadrise; 3 looming contracts, each of which is, when up to full manufacturing capacity, mahoosive in terms of revenue. Its a good weekend to be a shareholder in IOF and QFI. Keep an eye on Quadrise (QFI) if its not yet on your radar. SG, who is the third?

[superg1] 05/10/2014 15:13

wooly

I think there will be a third, but I can't say which one. It should be a good week overall.

[superg1] 05/10/2014 14:05

Spike

Certainly Lance and Jeff think the other way they gifted 250k shares each to the muppet show to avoid what would have been very limited dilution.

Where are the share options being dished out like confetti. Has JB on another share stopped his options and taken a salary cut to £1, no, those options are like clockwork, it's about the only time they are busy. Swimming in cash, and property, but he won't buy a single share just keeps gifting them.

The talk is the complete opposite as Mr B (if he appeared) may hint at. They will look to reduce potential dilution knowing them, not increase it.

Lance as CEO always banged on about iodine being core with lucrative potential with water as a side show. Iodine even with the price drop, is a much more secure business. It's a worldwide market, it's being used in 1000's of different products, and the growth continues even when the price took off. Technology keeps the product range adding all the time, as mentioned by Tom re new products.

EG is Silver iodide cloud seeding going to grow as fresh water becomes an issue.

[nearlyxmas] 05/10/2014 14:04

The wife complains if I come early .

[woolybanana] 05/10/2014 13:56

Iofina and Quadrise on the same weekend. Maybe Xmas will be early this year!

[woolybanana] 05/10/2014 13:23

Wasn't it his wife who was going to do that with a pair of garden shears?

[spike_1] 05/10/2014 13:05

I wonder if our resident 'shorters' will create a rumour of a placing to go with the interims statement relating to financing required if water granted.

If they do, and short - perhaps they are the 'short hanging fruit' Tom was planning to 'pluck'.

[naphar] 05/10/2014 12:39

Neddo
fair enough, I read it as a shout of frustration/pain :-)

[superg1] 05/10/2014 12:28

An interesting point about RB energy that I was unaware of below.

I have mentioned that Sirocco raised $60 mill for their Brazil potash and Arican gold 'assets'.

Once they raised the money, very little happened and it's amazing that no-one has challenged the company about whether they actually exist or not, they have never developed them and stopped taking about them. That $60 mill has now gone.

The new info says it all. That team keep living off the back of the 'World class red back mining team' they keep quoting it.

I have spent a long time thinking what they out in news was BS at Sirocco and it proved to be so.

I read the NPV report on the iodine mine last night and couldn't work out where the ppm rates they used for the ALP were coming from as when it was in use they were nowhere near the actual levels indicated before.

Have a read, 'world class' fraudsters more like, (if true).

"For years the Company knew they were defunct and bankrupt and are just waiting this week to tell the shareholders. Richard Clark, the former CEO of Red Back Mining got the deal of the century selling its Ghana & Tasiast gold mines to Kinross Gold in a $7.1 billion takeover. Kinross subsequently had to take a $6.1 billion total write down incl. non-cash impairment due to over-valuation of Red back's in-situ gold resources. Now that this is happening to Clark & the Lundins with RBI"

[woolybanana] 05/10/2014 12:24

Take over by Halliburton who keep the water and sell the iodine side to the Japanese?

[engelo] 05/10/2014 12:20

1mad "If we get the permit then there would be sufficient water available for fracking thus perhaps that would encourage the oil companies to start developing the area sooner than they otherwise would have." Strong point and well put.

Chicken and egg effect :-0

[phoenixs] 05/10/2014 12:18

last year we were looking at 6 plants operating by the end of 2013 with a rollout of up to six more in 2014. We were awaiting the results of the water application which was estimated to take up to the end of year the price of iodine was around $50 per kilo and the share price was £1.80 or thereabouts.

We now have six plants operating with increasing production levels, the water application granted, an iodine price of around $37 which I suspect will only go up next year, record revenues from the downstream chemical operations which has taken advantage of the low price of iodine which has been supplied by the iofina plants (so no overall loss as a result of there falling iodine price) and rising and a very solid cash position The only negative is a $5m dilution at 40p per share(lucky Mr Big and well done may I say).

Given where IOFINA is today the share price of 43p does not make sense. This has to be one stinking great big buy. Unfortunately my cash position has been so badly hit by the fall in share price of Iofina that I will not be able to buy more, but well done and good luck to those who have the funds and will be buying tomorrow and in the ensuing period.