Iofina Share Discussion Threads

[superg1] 27/2/2015 10:45

And only one company has a patent protecting the business of removing iodine from brine in 3rd party contracts.

In theory anyone wanting to remove iodine from brine under a 3rd party deal would need approval from IOF.

I like the iodine story, but I never imagined that there could be an option where someone is keen to pay them to remove it.

[superg1] 27/2/2015 10:42

I suggest folks interest start looking up the big problems for water disposal in Pennsylvania, the costs are big.

'the Pennsylvania Department of Environmental Protection (DEP) issued an order to 15 public water treatment plants, forbidding them from accepting produced water for treatment.'

Following on from that scientists have discovered for the water that is being treated contains iodides which can cause issues in chlorinated drinking water.

The answer quite clearly is to remove the iodine to solve that problem.

So it doesn't really matter if it's 30 ppm as potentially $'s pb can be charged to remove it which would take disposal costs down for them.

Only one company in the US has the viable technology to do that, and they have already proven records from the Atlantis prospect where thy have a discharge permit.

Not forgetting of course that was all in play combined with a company called Halliburton.

Halliburton originally wanted on board with IOF due to their list of contracts, and access that gave Hal to potential water treatment contracts.

Potentially I can see a future where the US will want most, if not all brine recycled and disposed into rivers to help alleviate fresh water scarcity in many states.

[awolagain] 27/2/2015 10:20

Rhwill

I have been saying for the last few days I felt 'games are been played' by the MMs on the price...it seems they are still at it. I can only guess they are building a position for someone under the radar...I could be wrong?

[superg1] 27/2/2015 10:16

Hmmmm

I'm starting to like this better than IT. Fingers crossed the state has good PPMs (they don't have to be high. I recall reading long ago how expensive it was to dispose of water there. The geology prevents re-injection and now they need a solution to iodide in the produced water.

Pennsylvania
In comparison to Texas, hydraulic fracturing in Pennsylvania is relatively new. That is, use of the technology has seen exponential growth in the state in the past few years following the discovery of Marcellus Shale gas reserves. Interestingly, Pennsylvania has far surpassed Texas in use of produced water recycling techniques.

In Pennsylvania, the prevalence of sustainable fracking can be attributed mainly to negative motivation. Unlike in Texas, Pennsylvania geology makes for a lack of viable locations for reinjection. As a result, prior to 2011, most produced water generated in the state was treated in public water plants before being discharged into local bodies of water6. However, in response to concerns voiced by citizens and environmental groups, in the spring of 2011, the Pennsylvania Department of Environmental Protection (DEP) issued an order to 15 public water treatment plants, forbidding them from accepting produced water for treatment. The ban on in-state treatment with available infrastructure immediately caused disposal costs to spike as companies were forced to contend with expensive transport and out-of-state treatment options.

[rogerbridge] 27/2/2015 10:10

Interesting 3 page spread in Money Week about the shortage of water, or liquid gold as they call it.
Terrible problems in Brazil with carnivals cancelled and California not looking too good either.
No doubt same is happening in Chile and South America as a whole.

[tim3416] 27/2/2015 10:08

Mr Carlisle I expect lol

[rhwillcoll] 27/2/2015 09:58

100,000 buy at 33.5p just posted.
PS Plus add that 75,288 buy at 34.75p from yesterday.
Plus, 90% of trades yesterday looked (to me) like buys.
Plus, at least one was not reported.

[superg1] 27/2/2015 08:27

The reason I invest in IOF and others.



Because IOF is a resource stock, it's seen as very high capex and opex, just tarred with the same brush.

I look at true small cap resource stocks and wince at the costs it will take to get inferred resources out of the ground.

Just look at RB.

Hence I follow 3 'resource' stocks that have their resources available and easy to recover at a relatively low cost. with little capex needed. It seems logical to me. I thought Mr market was clueless and the report confirms it.

Pile in blind, on trends and run on lack of knowledge.

Obviously for us small caps that means big movements. BUT what it does do, is make funds very wary of the pile-in mentality and now they look for those small caps with true value and growth ahead. They are more careful, and they look more deeply and in theory, at some point, IOF should naturally raise it's head.

Last time around it was surrounded by 100's of hype resource stocks, the vast majority of which will head for an early grave.

[superg1] 27/2/2015 08:00

Not IT but a very nice opportunity if it appears




In Pennsylvania they allow produced water from conventional wells to be discharged into streams and rivers. Trouble is they have found it's contaminated with iodide and when that mixes with chlorine in drinking water that isn't good.

So it seems they need someone to remove the iodide, otherwise they will have to inject it at great expense. I believe Pennsylvania has one of the highest disposal costs in the US (I'll check).

Now that would be nice. No brine leases, no royalties, and oil companies paying for that pesky iodine to be removed, so they can continue to discharge it into the rivers.

Nice

"Our data clearly show that the current brine treatment practice in Pennsylvania is not sufficient to remove these contaminants," Vengosh said.

[captain_kurt] 27/2/2015 07:42

Hmmm after hours trade of 75k reported

[superg1] 27/2/2015 07:31

Peter

The only way charts control the share price is if you have enough chart traders around to make the share price bounce off resistance and support levels.

[joestalin] 27/2/2015 06:02

Never mind the chart. What about the horoscope for Aquarius, the bringer of water? It says:

"It could be easy to get carried away today, Aquarius. You might get caught up in some excitement or base your decisions on another's word. You need to use your head on a day like this. Double-check everything and moderate your activities. Keep your limitations in mind. There's nothing that says you can't do whatever it is that catches your eye. Just use caution and stay safe."

[peterz] 27/2/2015 04:56

The chart is looking unwell, is there a doctor able to heal. Or bring back to life?

[awolagain] 26/2/2015 16:37

Hi SG

How did the auction look at the close?

Thanks

[dcgray21] 26/2/2015 14:42

Fresh - probably sales to pay for people's ISA charges

[freshvoice] 26/2/2015 14:38

What are all the 69 70 sales?
Thought someone said 73,000?

[bobbyshilling] 26/2/2015 12:16

Thanks SG. So if IOF can show them their standards with the water depot build, it will hopefully be a plus for the next permit application - that's if my old ticker can take any more!

[spike_1] 26/2/2015 12:14

FYI Cheapeake Energy: 'Co sees 2015 CapEx of $4B-$4.5B down 26% YoY'
(Finspreads morning brief)

[sandbag] 26/2/2015 12:14

WRT the bays. I would assume that all the bays would be fed from one or possibly two pipes from the water source. These pipes would end in a manifold Say the delivery pipe was 24" diameter then say 6 x 4" pipes would come out of the side and go to six bays. Each pipe would go into a meter which would measure the amount taken by the tanker, then through a hose to the tanker. Just imagine your local filling station but with larger hoses. Nothing much to it at all and the second bay wouldn't take much completing after the first is pumping. In fact with a couple of teams working installation wouldn't be far off simultaneous. This scenario is the absolute basic set up. IOF may of course decide to install any other equipment they saw fit such trace heating on the pipes to stop them freezing in winter but this could be done when the depot is up and running.

[bobbyshilling] 26/2/2015 11:53

Sandbag, the figure 3 was just an example off the top of my head (I should have learned by now not to speculate with numbers). Yes I agree that in anticipation it would be appropriate that IOF have done the things you mention. Thanks for your answer.

[superg1] 26/2/2015 11:53

Bobby

Complete I would suspect, and I'd guess at ready for early next year if all goes well.

It's not going to be a tin shed depot, that's half the problem in Montana and ND. Burger van depots that are not viable for the big guns.

[sandbag] 26/2/2015 11:51

Bob,
If you're going to build a depot you would build it all in one go but it would of course be possible to start delivering from the first bay whist the second is finished off ands so on.