Iofina Share Discussion Threads

[neddo] 30/12/2014 11:35

you can say that again. sure is.

[joestalin] 30/12/2014 11:29

Good for you.

[neddo] 30/12/2014 11:26

joe stalin

it would be a 8.5 bagger for me, so £2 would suit me perfect.

[monty panesar] 30/12/2014 07:57

Regardless of the granting of the water permit I hope we will see an agreement in place before the end of Feb. I wonder what the water and iodine production rates will be this time next year.

[superg1] 29/12/2014 23:45

The Chile headache continues

[joestalin] 29/12/2014 19:42

No wonder people selling, Neddo? Who is selling? I said I would take upwards of £2 because that would be a 4 x bagger for me which would represent good business.

[superg1] 29/12/2014 19:06

90 days from 1st December Neddo.

One thing to another? unfortunately the rights of US citizens to object in a public notice period is beyond the control of IOF.

The content of the objections is to some extent farcical, the legalities of an objection have little to do with validity.

I see the UK bunch are going on about fracking in this country contaminating fresh water aquifers. A valid point, but proven to be untrue. Still they will use that to try and block it in any way they can.

If Oil and gas was going to affect fresh water aquifers, it would have happened by now. A few hundred million later with 100's of millions as seismic events and fault lines, and the aquifers are fine.

[neddo] 29/12/2014 18:52

£2, rip their arm off, another 90 days takes us to march, one thing after another with iof? no wonder people selling.

[superg1] 29/12/2014 18:38

lol

No an interesting company with some key patents and a host of different product potential, some further advanced than the market realises, but then the market hasn't clicked at all re certain sectors. High risk but potentially high reward.

[arab3] 29/12/2014 18:17

hope it isnt IOF

[superg1] 29/12/2014 18:05

I didn't get any and was going to have a punt early Jan. I thought something was up but didn't expect news this week.

The news isn't that big compared to other events, it's just shares were tight and as in my post I said if any buying starts the share price will fly.

Clearly shares are very tight and there isn't a lot of free float as the Bod hold so many.

That puts all 3 new finds I was following big rises. One I won't mention as yet, I'm hoping it drifts.

[rogerbridge] 29/12/2014 17:38

Well done SG. I was thinking of buying some but I am fully invested.
Hope you have made enough to buy more IOF

[superg1] 29/12/2014 16:48

I'd rather they just carry on. The best near term outcome for me would be a backer taking a stake. One of the big Japanese trading companies taking a 25% to 30% stake with funds provided for rapid expansion.

IOF plan to be the number 1 in the industry and I believe that can be achieved. Even more so due to the building list of problems for major producers in Chile.

Those Japanese trading companies have fingers in many pies in Chile including iodine, and they are now finding out just how tough it is there and that it's going to get worse.

So I don't have a target price.

Currently the US is the only viable alternative to Chile for large scale production.

[napoleon 14th] 29/12/2014 16:44

che - your 28255 confirms exactly what Boggle1's 28254 was saying.
Exactly why Israël applauded the Iraq bashing Bushes, who forgot the 1967 Oslo treaty which isn't Worth the paper it's written on, so the US resort to vetoing any UN motion bringing a semblance of equitable treatment for Palestinians.

The US was built on one massive landgrab plus the virtual extermination of a people thru' broken treaty after broken treaty, always blaming those who were invaded & disposessed, the remnants of which are now kept in camps, errrrr, réservations.

As for Iranian intentions, according to the US & Israël, does that view carry as much weight & truth as the WMD issue with Iraq, a proven brazen lie to the world?
Don't forget; the US needs a war every ten years or so just to keep it's armaments business going, seeing as it is near 5% of US GDP. If you don't believe me, see Eisenhower's Farewell speech at the end of his presidency where he raises this in no uncertain terms, & that was back in the 1950s!

Dunno what's suppsosed to be "Holy" about the holy land after all that's gone on there! As for the real effect of US Policy in the area, at least people had an average chance of living a normal life under Sadam, before Bush & Co the plundering war-mongerers. Look at the area now.........
Ironically, the president who was "bringing democracy to Iraq" (LOL!) thru' his "crusade" was elected in a fraudulent election (thanks, Jedd) & sent others to war but didn't have the balls to do his own national service when it was his turn....

Manipulation, ideology & propaganda are the main ingrédients of all that.
Instability, death & plunder are the result.

IMO US fracking is the Saudi issue, which the US doesn't care much about long term as they've seen price swings like this before, & MOST OF ALL,

teaching the new Tzar Putin a lesson in "power management", which Vlad sorely needed.

Doesn't change the fact the world is in an over-supply sitation for the moment.
Production investment is being curtailed, demand will pick up & then so will POO.

[jbe81] 29/12/2014 16:34

Re a buyout, Superg, do you care to offer a price that you would except for your shares?

[superg1] 29/12/2014 16:33

Did anyone take a punt on starcom? Well done if you did.

[superg1] 29/12/2014 16:19

In fact (having just posted that),

Surely the best evidence of the need for the water for beneficial use would be if one of the majors came on board re a JV to develop the business.

So if that happened pre any hearing, it makes a hearing rather pointless, as his claims about false letters of intent and no real commitment falls off a cliff.

Under the original deal $5 mill and $10m was on offer for water sales and 50% of Atlantis, along with all funding provided for depots.

So if news came out similar to that, what happens to the share price then?

With recent news out on production and water, then the downside seems limited with the upside on positive news far outweighing it.

That's just water, but the iodine side as we know looks like a false market price, with various potential events that could see the iodine price take off. There is little down side there too.

[superg1] 29/12/2014 16:11

Pleco

Can't help there, but it's not just about a potential hearing.

The recent dip was due to a large margin call and when it was suspected it had cleared the share price bounced (all in posts).

So if it goes to hearing (fair chance)then what difference will that make. As it stands the chance of success at a hearing in my book is 100%.

If we believe Mr Carlisle can stop permits because there is plenty of water available, then all permits in the area currently applied for should fail. That of course is crazy talk as if that option was available then those in the market could simply agree £5 pb minimum now as there are no other suppliers.

Other news is a potential catalyst here, and it seems it may catch come cold.

'The Company will not fund this non-core water project with the current Iofina cash on hand but instead seek a joint venture partner or specific project financing exclusively within Atlantis Water Solutions.'

'If necessary, the Company will vigorously defend the granting of the preliminary permit and feels that this objection has low risk to the Atlantis Water project, and therefore, the Company is continuing to move forward with this project'


I suspect they have been in talks re a JV on water and due to the last news it shows the objection issue does not affect such talks.

So there could be news at any time re a JV.

[stevo2011] 29/12/2014 16:05

I hear what you say but the current management are obviously mindful of the previous roll out and issues encountered - Id rather have few plants with greater output with good cash flow than several with minimal output and burning cash

[madchick] 29/12/2014 16:01

They have money in the bank. I hope they can start enacting some plans even if they don't know whether they are going for Plan A or Plan B until the water is done and dusted. I'd be irritated to be sitting around waiting for that. And there's also a time where you have to stop fiddling around and just get on. IMO!

[sandbag] 29/12/2014 16:00

Let's get one mobile built and working satisfactorily before we go too far down that road.

[stevo2011] 29/12/2014 15:55

Let's not get carried away, we need to see the development of the water project first and if successful the amount (if Jv) they will receive as well as the outcome of the strategic reviewThen they should show their cards

[1madmarky] 29/12/2014 15:48

Re: Getting full value for iof. A plan in place for 10 mobiles over the next 18 months. Would go quite some way to proving the potential and value of the company.