Iofina Share Discussion Threads

[jbe81] 07/4/2015 10:44

Great to see some buying, good production figures will see us break out of the current trading range, might even happen before.

[wizard2020] 07/4/2015 10:36

Well superg1 i think the word is saga not situation

[superg1] 07/4/2015 10:07

Hurricane

We are due production news. If that is good, then it's nice to get some churn and some news sellers out of the way first.

On the 6 week theory the water permit situation should conclude this month.

[freshvoicem] 07/4/2015 09:56

I think at least one little bird may have sung in 406?

[hurricane.] 07/4/2015 09:48

MMs have spiked it up to get shares for buyer(s) imo

[awolagain] 07/4/2015 09:47

How is L2 looking now anyone please...?

[dcgray21] 07/4/2015 09:32

Spike - probably because I've just been on to Barclays to bed and ISA ....it's my SADIM touch - MIDAS in reverse !

[superg1] 07/4/2015 09:32

It was looking very healthy this morning with 50k on the bid at 33p. Now it's gone a bit daft on the bid side. The 50k is still there but chunks of 25k and others above it.

That seller could have been aggressive CGT sells.

We just need a decent Q1 now with RB looking like it's dead.

[spike_1] 07/4/2015 09:28

Someone seems desperate to buy quickly at any price

[roundup] 07/4/2015 09:27

I wonder where the share price will end up today. Things are now beginning to look very interesting.

[monkeymagic3] 07/4/2015 07:54

Given how much the Iodine world is apparently changing, an increase on expectations (for once) would be nice.

"The Company expects to produce 220-260MT of crystalline iodine in H1 2015 from its existing IOsorb® plants."

[hurricane.] 07/4/2015 07:44

RB Energy heading quickly to bankruptcy.

Another positive piece to the Iofina jigsaw

[nashwan123] 06/4/2015 23:27

30 of the 90 days for the water decision have now passed. Clock ticks on!

[superg1] 06/4/2015 22:56

The tally

SQM closed Iris plant and El toco mine -2500 mt

RB Aguas Blancas mine 1500mt production in 2013. Lot's of screwing around then squiff all annual rate from ACT's 50.333 yrs 'birthday'.

4000 mt gone. It will hit the market eventually once the games are over.

[superg1] 06/4/2015 22:39

IOF news of 120ish mt or higher for Q1 would be nice now following on from that.

[superg1] 06/4/2015 22:09

So what does RB energy off the iodine map mean.

In H2 2013 they stopped supplying iodine to build up an inventory, based on a proven lie which I won't bore you with.

They then started supplying iodine at the start of 2014, and were set to produce a reduced forecast of 1200mt but had 800mt of inventory.

At the end of Q3 2014 they had produced 800mt and sold 1000mt.

In 2013 they sold about 480mt.

They have been selling all their produced iodine in the last few quarters and some of their inventory on top.

During the bid process I heard they had 400mt of inventory. I suspect the Chile rain will have ended the operations. so what is left should be less than 400mt.

Overall we are looking at around 1300mt to 1500mt supplied in 2014 and very shortly that will be a zero annual rate.

It takes time for all these things to fall into place, but they are doing just that.

[superg1] 06/4/2015 21:55

The original Sergio story for some time back, note it's called the Arbiodo project .

I did ask IOF about that one earlier this year and they understand it's dead in the water. I assume due to the price drop.

[ansana] 06/4/2015 21:55

Super, ok strike that :-)

[superg1] 06/4/2015 21:50

Ansana I've been on the trail of that one that's Sergio. I posted about him some time back. I'm reliably informed he has binned it, the EIAs roll on but his idea was in play when the iodine price shot up and is not viable now.

[superg1] 06/4/2015 21:46

Germ. Nice fella.

As forecast contrary to what RB investors and the BOD had been claiming there is no bidder.

It dead and was always going to be.

[awolagain] 06/4/2015 21:43

Thanks Ansana

As one company falls another gets ready to take the spot....however it will take 12/18 months + for them to come online so not bothered...but someone thinks there is room for more players in the market which is always good to see. Honest competition is always good....can we get that from Chile??

[naphar] 06/4/2015 20:25

Thanks Ansana, and the plot thickens