Iofina Share Discussion Threads

[arlington chetwynd talbot] 15/12/2014 15:07

And here we have it, the 20's, just like on XEL atm.

Banksy you old goat, wait a few more days and mop-up @25 w/o raising the price.

I think there are stops there.

[superg1] 15/12/2014 14:59

:-)

Tough market is a bit of an understatement.

Good old Putin thinks the oil price is all centred on Russia, just one big conspiracy to undermine his country.

He has been carrying out a military show of strength testing the early warning systems of others to show he is p'd off.

Just like everything the pendulum will swing too far and bounce. Many companies have much their oil hedged through next year at much higher prices.

There is nothing anyone can do about it when such cycles develop other than hunt around for the bargains the opportunity may create.

Most of the market sells on drops and buys on spikes, it will always be that way.

[roboben] 15/12/2014 14:53

Mr B - Do go away, there's a good chap.

I'm hoping to pick up some more of these in the low 20s.

[che7win] 15/12/2014 14:38

Superg,
I guess the 100-140 mt range for production is about right, although 100 mt would narrowly miss their stated range (and they are having a good quarter).

Recent comment:
"Since the Company's update in October, production of iodine at Iofina Resources has been on track and Iofina is pleased to reiterate that it expects to produce between 325 and 350MT of crystallized iodine in 2014 at its six IOsorb® plants"

Anything can happen last number of weeks I guess.

We have our first seller in the 20's...tough market out there.

[roger melly] 15/12/2014 14:37

Mr B
are you buying more?

[mister big] 15/12/2014 14:32

Super g - agree the market seems intent on giving the stock away,
Even half way up a less than snowy market I feel like a go !!!

[joeblogg2] 15/12/2014 14:17

Also, I think there is rollover for spread bets which might be casuing a few to close?

[superg1] 15/12/2014 14:15

Joe

I suspect so. I mentioned the other day that I watch other linked shares. Fum has had unusual sells this morning so yes someone else caught on a margin I suspect, or covering to avoid a margin call.

The oil stocks are heavily followed, with the chaos there in recent weeks, the knock on effect was always going to hit hard. Not ignoring the position of IOF re no news of iodine production etc and delays caused by objections on water

My guess for production would be in the 100 to 140mt range for the quarter.

On the flip side those sitting on hands can get more shares for there intended amount to invest.

[arlington chetwynd talbot] 15/12/2014 14:15

Oh don't say SCRUTABLE is at it again...

[bogg1e] 15/12/2014 14:13

SG, you know me, im only a low grade researcher but good at compiling data and putting together "easy to read" docs (I was a writer of various sorts for years - bit of journalism, technical writing, business document translating etc). If you want to send me the notes i would be happy to write up the report for you.

[freshvoice] 15/12/2014 14:13

Yet another excuse!

[joeblogg2] 15/12/2014 14:08

Looks like more margin calls as share price dives again?

[superg1] 15/12/2014 14:05

Spike

It's already sorted for all my findings to be available in a report.

I don't think they will need me, Halliburton know how much water they want and they would be the ones Mr Carlisle would have to prove to be lying.

He is just desperate to protect his business which will probably go under if IOF's depots appeared.

I've already asked around re the guy. The depot is rubbish and apparently he is hated by the locals.

With all the details I would think it would be wise for him to withdraw if a hearing was listed. I suspect he would be the stubborn type perhaps oblivious to the own goal he may score.

It's a bit daft really as if anyone agreed with him then his permit should be rescinded in the next review.

[neddo] 15/12/2014 13:05

a very unhappy xmas too you nuts.

[arlington chetwynd talbot] 15/12/2014 12:57

GKP is not one I follow much these days Steve, used to, then realised it was dead long before the crowd. In fact around the 250 levels. I pop on now and again but it's not one I watch, and hardly ever know the share price

[arlington chetwynd talbot] 15/12/2014 12:48

This chart's starting to look less bullish, 20's soon here too? Same thing over on XEL, and QFI... what days.

[obbig60] 15/12/2014 12:45

My modest topup at 31.7p earlier today appeared in the sell column. So once again they are trying to con us that there are more sells than buys!

[spike_1] 15/12/2014 12:25

sg - My thanks also for all this invaluable work.

Question - it is only invaluable IF it is available to IOF, AND they have someone who understands it as well as you do!

Is there a case for you going over there (at IOF's expense) if this gets to appeal?

Best wishes - Mike

[rhwillcoll] 15/12/2014 10:52

Thank you Superg1: brilliant stuff. So he is in effect telling the water bureau that their department is not required any more, that they may as well all pack up and go home, make their staff redundant etc, as there is more than sufficient water available in Montana? I'm sure the DNRC will appreciate that!

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All we have that looks like a potentially valid point is the reference to beneficial use. That is another matter already tested by the bureau, but Carlisle comes at it from a different angle.

The content of his objection is basically this.

There are plenty of depots to supply the amount needed, we don't need another one. If you allow it then my business will be devalued.