Iofina Share Discussion Threads

[crosseyed] 01/5/2015 14:34

mm3,
I have a friend who is something of a wine buff who named his two cats...
Chateau and Lafite
c

[freshvoicem] 01/5/2015 14:17

As long as not mange as in sick cat.

[monkeymagic3] 01/5/2015 14:16

I cant be shouting that out the back door late at night.

Not after the court case.

[semper vigilans] 01/5/2015 13:46

With no lighting either Monkey!

[king_roster_iii] 01/5/2015 13:46

50 MT in April?

[phoenixs] 01/5/2015 13:39

awolagain. yes but nothing there yet.

[awolagain] 01/5/2015 13:11

Thanks Monts...

1st of the month and some buyers around....mmmm

[monts12] 01/5/2015 13:08

Just checked awol, same old same old atm

[awolagain] 01/5/2015 12:55

Has anyone looked at the water board website today??

I have a feeling...!

NAI

[che7win] 01/5/2015 12:17

Copper making a high for 2015, another good sign for us...miners are screaming...

[superg1] 01/5/2015 08:54

There are some weird figures (weights) that have appeared on the India import site and at cut prices.

Although RB is dead they got an extension with the last death twitch to be the 27th May, so I picture them shovelling the iodine inventory into bags, and shipping it off to India. I think their scales has been repossessed. My estimate is that they had 400mt of iodine left in the inventory, so a bit of a fire sale going on.

If they don't get rid of it, then Tewoo would get their hands on it due to up front secured payments (for lithium).

I can find no details that the iodine mine has been closed but it seems likely under the circs. My guess is that they stopped when the rain hit.

RB have stopped releasing news it seems, they should have done when they failed to find any interest at all in the extended bid period.

The info is on the KPMG site, they are the monitor. RB have not reported the news in this link.

hxxp://www.kpmg.com/Ca/en/services/Advisory/TransactionRestructuring/CreditorlinkSites/RB-Energy-Inc-Quebec-Lithium-Inc-et-al/Court%20Orders/Order-4-17-2015.pdf

All but the CEO have resigned.

This is the news comment they released.

The Company has developed an alternative course of action to attempt to obtain value for its stakeholders prior to the maturity date of the US $13 million "Debtor-in-Possession" loan ("DIP Loan") of April 15, 2015.

It failed (as per the KPMG link) and they have not updated the market.

[superg1] 01/5/2015 08:36

I keep updating the header btw as and when I find details.

I will add in the date and time of any changes at the top.

Some of it includes estimations based on comments from IOF, either from news, interviews, or comments made in presentations.

[superg1] 01/5/2015 08:04

Nash

Given all the circs of the market and potential IOF growth then yes it seems this company is a very good bet.

Small caps have been abandoned and cash is king with many funds. If the blind just look at figures (the vast majority do), then with the $15 mill that went quickly, software, and a glance at that would have those that only rely on that jogging on at speed.

It still gets called a natural gas company. If I see those words I don't look at a company either.

If they keep on the current path it will have it's day once more but on the back of production and growth.

It's not a business that is trying to get costs down to match competitors, it's starting below most of them and probably heading for the lowest cost producer worldwide.

If they get the strategy right (I'm sure they will) then they won't be talking about being the lowest cost producer as it will be in the figures.

[superg1] 01/5/2015 07:16

Che

Chinese and what looks like 86% of shares tied up with main holders explains it for me. I doubt stock on loan will be available.

It will be interesting if they ever need to fund raise, some whopping discounts would be needed.

But in truth it looks like a fraud, and it beggars belief that the FCA haven't suspended it.

[che7win] 01/5/2015 06:31

Superg,
I can only assume with GATE, it is being lifted by the Chinese boom and its Chinese investors boosting it.

As I said before, surely a short, but it has risen since.

[nashwan123] 01/5/2015 03:02

Superg

Thanks for your as always considered response to my earlier questions re share price

[ramsey11] 30/4/2015 23:43

Kids at the weekend???See if ya quiet

[arlington chetwynd talbot] 30/4/2015 23:30

Gate? Yeah Tara. See what he does is pick on a micro-cap, get loads of his mates in and the rest is history. Bit like this in a way pmsl

[don342] 30/4/2015 22:31

Spread Betting and CFDs April Magazine now online at This month's premium features includes Evil Knievil - The UK’s greatest short-seller dissects AIM’s regulatory shortcomings - Oil & Gas Services - M&A action is about to shake-up the sector – read our special report - The Mind of the Master - Jim Mellon shares his latest thoughts on the markets.

[superg1] 30/4/2015 21:43

Can anyone explain Gate ventures.

They have a ridiculous MC and have released news stating just that, warning investors to seek expert advice before buying their shares.

What a mad market.

The market capitalisation of the Company as at close of business on 28 April 2015 was approximately GBP64.9 million and is therefore not necessarily reflective of the Company's position or prospects.

Persons wishing to undertake transactions in the Ordinary Shares should therefore exercise caution and as appropriate consult a person authorised under the Financial Services and Markets Act 2000 (as amended), who specialise in advising on the acquisition of shares and other securities.

the only investment Gate has entered into is an option agreement to make an investment in a theatre production of up to GBP300,000 as announced on 27 March 2015.

Cash £2.8 mill