Iofina Share Discussion Threads

[superg1] 26/4/2015 09:33

I did a bit of research to try and understand why Sirocco had problems selling iodine to India in H2 in 2013. Sirocco came up with false details for the reason of suspending the sale of iodine.

Iodine sales in India plummeted in late 2013.

The answer (now I've looked at it) is obvious. In H2 2013 the rupee weakened rapidly and by 22% eventually during H2/13. The iodine price at the time was around $50, so pushing it through $60 per in real terms for India.

The India price data is probably up to a month behind as mentioned by others.


The Chile peso hit a peak of about 640, 6 weeks ago, it's now 612. A 4.6% change.

The Peso could weaken at any point but for now it seems to be settling down and gaining a bit of strength.

In Chile iodine production terms it means higher costs.

Weak peso v the dollar = lower costs. Stronger peso = higher costs.

[superg1] 26/4/2015 09:08

Talking about Avanti, (apologies if there are some investors here).

They now have a $500 million plus bond, having spouted £25 per share and no need for fund raising.

It's easy to expand when you just throw huge amounts of cash at something, but in that case imo it's unlikely to be a happy ending.

Take $100 mill and think of 30 to 50 IOF plants. Potentially with those sort of figures it would put them near number 1 status, with the lowest opex in the industry.

However IOF don't want to go via the big dilution route. As the plants are so relatively cheap, the returns for the outlay are very impressive.

The original plan was to target prime sites them use revenues to build more plants. Had the old team not been so stupid that would be in progress now, but we have had to wait while the Chile price battle unfolds.

IOF have slowed played it to preserve cash, and the targeting of higher ppm sites will come.

I believe they said $1.5 mill to move a plant, but as now much of it is in-house it should be lower. So there is a fair chance that io1 is off to a prime site in OK imo, a site like io2, as such sites do exist.

Sales are easy, if you become the lowest cost producer. They are so much easier if your own country imports 80% of their supply.

Like the many out there I think the AIM is generally a crock and you have to pick through companies very carefully, most are trash.

I know everyone was going Nano mad with claims by the broker that they were the only cadmium free QD company which was a lie. It's all the lying that is wrong but no one seems to give a damn, you just have to be aware of it.

EG Quindell, how fortunate that the Gotham lies appeared just as the bears were going to get caught on margins.

I just stood on the pavement and watched all that unfold, it's a good learning curve.

[arlington chetwynd talbot] 26/4/2015 08:30

Of course it's in your interests to create a diversion that attracts support away from the rather uncomfortable truth of 'progress' here and let's say... your role in 'it all' from a sharholder POV.

Here's the thing mate, you got it so badly wrong that only a handful of diehards can be bothered to post these days. You've removed all the header evidence with the telephone number profits, but you can't even remove what I'd call an insignificant middle aged drinker who is probably less of a critic than the three blues who tick you down all the time.

I am more a critic of the business than the posters Graham, it doesn't particularly bother me how many have read this wrong... as long as I'm right.

[arlington chetwynd talbot] 26/4/2015 08:06

Don't worry about ACT and co,

Not sure anyone was ever worried mate? Unless you worried them by instructing them to flood ADVFN with bogus allegations... pmsl

[arlington chetwynd talbot] 25/4/2015 23:26

In fact I have asked to pay more, it's so much fun ;)

[arlington chetwynd talbot] 25/4/2015 23:25

I'm perfectly happy to subsidise multi-avatar freeloaders abusing me... well worth it. pmsl

[arlington chetwynd talbot] 25/4/2015 23:23

Are you calling ADVFN idiots mate? Let's see how well that works... pmsl

[arlington chetwynd talbot] 25/4/2015 22:23

This is good mate, have a listen, your 'senile old farts no 1 listens to' struck a chord;



hic!

[arlington chetwynd talbot] 25/4/2015 22:08

Maybe if you invested in better stocks you wouldn't be a hapless little multi-avatar troll? Just a thought... pmsl

[arlington chetwynd talbot] 25/4/2015 21:31

Now what are you going to do? More bullying? pmsl

[arlington chetwynd talbot] 25/4/2015 20:21

Why should ADVFN do what you want? You are wrong and you don't pay, go cry somewhere else. pmsl

[serratia] 25/4/2015 19:54

ADVFN may or may not do anything but it's certain that if nobody complains they will definitely do nothing. If enough people complain especially the blues they might take notice.
My proposal might even encourage more people to go blue which is to ADVFN's benefit.

[arlington chetwynd talbot] 25/4/2015 19:07

You will just have to accept that critics are on this thread and will stay here as long as they like. pmsl

[arlington chetwynd talbot] 25/4/2015 18:54

That's not going to happen.... pmsl