Iofina Share Discussion Threads

[1madmarky] 04/6/2015 20:57

We just can't catch a break here. So appeal or new smaller permit? Whatever, I need a drink. GLA

[roundup] 04/6/2015 20:56

Well it was always non-core, we can now concentration on producing iodine. I am amazed that, "the old codger" was able to take his place in court against our lawyers and get the original determination overthrown.

[dropside] 04/6/2015 20:55

46. This Hearing Examiner recognizes that as a matter of practice, the Department has accepted less than firm contractual commitments for the full volume of water requested at the permitting stage as evidence of bona fide intent to appropriate if the applicant could provide letters of intent to buy water for an amount of at least 50% of the volume sought. (See Applicant’s Show Cause Exhibit #4.) The hearing examiner’s decision in the present case is a departure from that past practice.


In other words we were conned before, but that stops right now.

[monty panesar] 04/6/2015 20:54

When reading about the scenarios did I read IOF have the right to a hearing in 3 months time?
From my reading if Halliburton et al. give greater assurances them it will still be granted. Appears they are looking for greater commitment from the end users IMHO.

[rogerbridge] 04/6/2015 20:53

From what has been said over the last 12 months, I take it that there was more than one option, certainly that's what one would expect from a BOD. We will see.

[freshvoice] 04/6/2015 20:50

rogerbridge 4 Jun'15 - 20:43 - 33092 of 33093 0 0
There will have been two scenarioes we are now on the steady as she goes track.

I hope you are correct. they were so certain this would be granted I HOPE they have considered the alternatives.

[rogerbridge] 04/6/2015 20:50

That is the key Monty, focus on iodine and what we know.

[monty panesar] 04/6/2015 20:48

To move the plant from IO1 to OK would only cost <$2m and increase iodine production by 50% if put in right place.

[rogerbridge] 04/6/2015 20:43

There will have been two scenarioes we are now on the steady as she goes track.

[owenga] 04/6/2015 20:41

Well, the big question is whether the company has enough cash to expand. It's going to be slow going. We've only got 5 sites up and running. Actually gone down over last 12 months!Hopefully they had 2 separate scenarios of their future action plan. One with water permit and one without. Let's hope they issue they issue latter very quickly, if not tomorrow, which at least shows some mobiles will be up and running soon.Let's hope they didn't waste too much money planning the details of their water depot... Ffs!!

[awolagain] 04/6/2015 20:39

I have to say I am shocked....after that I am lost for words and I suspect tomorrow I will be lost for thousands of £ as we get hammered again.

Dear Dear...all the smart lawyers in the land could not beat the 'old guy'...it seems we did not do our homework again!!

Looking at the share price over the last week should have gave us the clue and after hours today was bad.

Good luck everyone

[monty panesar] 04/6/2015 20:35

Back to basics.Would you prefer iodine production at 30t per month with a water permit or iodine production above 40t per month with no permit? I prefer the later although 40t per month with water permit would be much better!

[dropside] 04/6/2015 20:33

Maybe highlighting how Carlisle and others got away with it has backfired, they have tightened the rules now.

Oh well if we are out of the cup at least we can focus on the league- or something like that!

[freshvoice] 04/6/2015 20:26

The document is from the hearings unit not the original office.
I posted the actual link above.

[brileyloucan] 04/6/2015 20:25

We'll see if it's priced in tomorrow, I suspect there will be a substantial fall

[monty panesar] 04/6/2015 20:24

Should they have used the altlanis swap agreement to start with? I think the answer is yes.

[octopus100] 04/6/2015 20:22

Personally I think it says that its Denied where do you get that AMes is denied.

Only strange thing is if you go on the website and click the link its still pending:



40S/30066181 type in the last 8 digits

[rogerbridge] 04/6/2015 20:21

Should have employed Sepp Blatter to see us through.

[monty panesar] 04/6/2015 20:20

So they are saying a letter of intent is not sufficient?

[woodpeckers] 04/6/2015 20:20

Good job it's only a sideline, at least no one can say it was priced in!

[brileyloucan] 04/6/2015 20:17

Subject to the terms, analysis, and conditions in this Order, the Department determines that Application for Beneficial Water Use Permit No. 40S 30066181 by Atlantis Water Solutions LLC is DENIED.

[josh_ftm] 04/6/2015 20:15

Subject to the terms, analysis, and conditions in this Order, the Department determines that Application for Beneficial Water Use Permit No. 40S 30066181 by Atlantis Water Solutions LLC is DENIED.Denied by the looks of it

[freshvoice] 04/6/2015 20:14

Final Order Page 18 of 20 Application for Beneficial Water Use Permit No. 40S 30066181 by Atlantis Water Solutions LLCSubject to the terms, analysis, and conditions in this Order, the Department determines that Application for Beneficial Water Use Permit No. 40S 30066181 by Atlantis Water Solutions LLC is DENIED.
NOTICE
This Final Order is the Department’s final decision in this matter.

[owenga] 04/6/2015 20:12

Says action from Ames denied, so does that mean preliminary permit has become final.