Iofina Share Discussion Threads

[engelo] 23/2/2015 01:12

7cats 30176: no Jan prod figs due I'm afraid. IOF are now reporting production quarterly, so we'll have to wait until April.

[superg1] 22/2/2015 23:55

Last orders

[superg1] 22/2/2015 22:14

hmmm

I didn't realise the Cosayach fraudulent shipments were online.

One example (37.8 mt)



Chile to Belgium. Belgium to the US via a false company called 'Cosayach Nitratos Europa'

'A nonexistent firm Cosayach Nitrates Europe, iodine sold abroad with false invoices. Fictitious sales to related companies kept multimillion losses are realized. They bought the goods at bargain prices and sold them to others of the same group, amounts impossible to justify. Nine people are facing charges of tax crime,'

[superg1] 22/2/2015 21:38

Bog

The only point I see re a water rns is to clarify what happened on the 19th, so we may get one.

Look at the last update they haven't yet confirmed it was going ahead on the 19th, but we know it took place.

'The hearing date for this single objection, from a local water supply competitor, is tentatively scheduled for 19 February 2015. The Company will vigorously defend the granting of the preliminary permit and continues to move forward with execution plans for this water depot project.'

So they may rns to say it went ahead, and mention the 6th March date for the closing brief.

[superg1] 22/2/2015 21:19

7cats

Fallon county

Denbury onshore.



status,... Form received

Roosevelt county

Wildcat water solutions



Status deficiency response received.


As both applications are within the defined service area listed by The water bureau, then neither of those applications under the points raised by Carlisle can be awarded if he was successful. In fact in theory no permits should be awarded in the 12 counties they have listed until all water is being used up at existing depots.

In reality that would mean longs queues of trucks and truck rage wars, with customers not receiving a prompt and reliable service.

The same goes for irrigation permits, Carlisle has about 8 of those and if he isn't using all the water, then no one should get a permit for that either as they can buy it from him.

Taking it to the extreme (but relevant). There is plenty of wheat about so why should permits be awarded to irrigate wheat. To do so may cause Carlisle to have competition for his own wheat sales.

It's a completely barmy contested case, but disruptive, and Carlisle wanted that. It's his only chance to save his water business, so why not give it a go.

[bogg1e] 22/2/2015 20:47

7cats, what makes you think there will be a RNS? There may be one but not for the water yet. There is not point in issuing a RNS until they have the permit certificate in their hands and that could be a month or so after march 6th. I doubt we will have to wait the full 90 days however.

[superg1] 22/2/2015 20:45

Just to clarify

It's wildcat and Denbury onshore that have applications in. Under the terms Carlisle claims no one else is allowed to have a permit until all his water is bought up.

That's just about all of what his objection is about.

The service area point is null and void as demonstrated.

His number of permits is incorrect, his volume use per well is incorrect, and his claims that they LOIs by IOF are not real is also incorrect.

It would be total madness for him to succeed.

The HE will have been hit by masses of info that tore Carlisle's objection apart.

The HE has no need to write it all up he can get IOF to do that in a closing brief and just use that in his final order.

HEs rely on those present to provide the evidence for him to make a final order he won't go looking for it.

The only thing we don't know is the general feel at the hearing. IOF may well comment on that in an rns. I think it's likely they will release one early this week, working on logic.

[7cats] 22/2/2015 20:18

Nap,

Is that because their listed under Atlantis Water Solutions LLC?

[naphar] 22/2/2015 20:12

7Cats
I dont think the 2 apps in pipeline are IOF applications, although if/when we get this one we will hopefully make another two, plus of course North Dakota

[7cats] 22/2/2015 20:09

SG,
Thanks that's cleared that up, its nice to hear there are another two apps in the pipeline after all preparation is everything.
With an RNS this week, this may shed some light as to how they felt the hearing went plus an update on Jan's prod fig's and maybe the strategic review, it will make an interesting week.

[superg1] 22/2/2015 19:35

7cats

No decision has been made neither party has yet completed their closing brief a decision will come post 6th March. We are no further on other than opening briefs with cross examination complete.

Yes IOF could appeal and I would as I can't see how they can possibly fail legally. 2 more apps are already in for the area, so both of those will have to be rejected if IOF were turned down.

US water laws are about citizens having a right to water, so it starts off in favour of the applicant if they can show a need.

As Bob shaver said in a strongly contested case in ND, if the applicant meets the criteria and the water is legally available, then by law they have to award the permit. That case made the news and the permit was awarded.

In IOFs case, all criteria are met. Legally available, physically available, no adverse effect and adequate diversion are all proven are not part of the case.
3 tried the legally available and all were rejected.
That was easy as it was simple maths I stated clearly that those criteria could not be deemed as valid objections due to it being the Missouri.

All that was left was beneficial use. Carlisle included many errors or intentional lies and those would have come out in great detail on the hearing.

[superg1] 22/2/2015 19:24

No to a drink nets? don't think yourself as not worth it have a bit of pride in yourself. As I say I understand your issues and I'm far more accommodating than those you may be used to on here. I do have you on filter I'm just checking via the arrow - posts etc until midnight.

If you are enjoying your life as it is then best of luck, though rarely, if ever have I known anyone happy with their lot in those circs. Anyway you know where I am re the offer of help and I can reply on the PM system now I'm blue again.

Sorry to ignore you but many of us tried civil exchanges many moons ago but unfortunately your drinking just destroys civil exchanges, never mind the weird mood swings.

The best way to start is slowly reducing the amount. Don't try to stop overnight it carries serious health risks.

[monty panesar] 22/2/2015 19:16

If the iodine prices are rising now it bodes very well for later in the year.

From memory I recall that iodine production is around 20% higher in the Chilean summer than winter due to the temperature differential.

[7cats] 22/2/2015 18:51

SG,

Regarding last weeks hearing, if the objection was upheld and IOF's case was rejected, do you know if they can appeal or would they need to start again?.

[superg1] 22/2/2015 16:18

ACT

I opened up the filter today just to see if folks engage, til midnight and checked your posts today.

You fancy a pint I see, anytime, anywhere, up your way?? I'll bring relevant advice leaflets with me unless you are already getting help.

It's not pleasant and I fully understand how hard it is to deal with the problem.

Always here to help.

[engelo] 22/2/2015 15:49

gad: good results from Potash Corp who have weathered the storm after Uralkali ended the potash cartel in 2013 and price crashed.

"The Saskatoon-based miner benefited from two factors late last year: A surge in demand from its customers in China, India and Brazil, as well as problems at one of its rival’s mines. Russia’s Uralkali had to suspend one of its main potash operations when brine flooded the mine."



OT interested in potash as I'm an SXX watcher ;-)

[arlington chetwynd talbot] 22/2/2015 13:45

So the lads have til midnight to get as many punches in? LOL This should be a larf, who's first?

[arlington chetwynd talbot] 22/2/2015 13:03

Very funny sandy lol hey Graham, don't get carried away with this moderating lark mate, it's only electronic messaging not anything important or official like lol

[rovi67] 22/2/2015 12:46

sorry double click

[rovi67] 22/2/2015 12:46

nice one superG

[sandbag] 22/2/2015 12:23

"Act/Netley/Heartwell"

On the positive side when I've lost all my money I can pop into the Boot and Shoe and beg a pint off all three of them! LOL!

[superg1] 22/2/2015 11:29

Some see it as control but it isn't countless threads can be created it doesn't stop anyone doing anything they want.

Just not on this thread.

Let them pay for blue to get on, ADVFN don't take cash ;-)

[tim3416] 22/2/2015 11:08

SG can't argue with that. You pay your money and put the effort in to help people. Only fair you should have some control over content. Act/Netley/Heartwell played a good pantomime villan for a while but it has all got a bit silly now. Will be nice to have a civilised board again.