Iofina Share Discussion Threads

[ansana] 19/6/2015 11:11

Automation on plants 4-6 cost lots and didn't work now all are staffed

[ansana] 19/6/2015 11:10

Chemicals bought by you got it?

[ansana] 19/6/2015 11:09

Running costs due to poorly bought chemicals

[ansana] 19/6/2015 11:08

Not nervous, want to consolidate and do everything right. Io1 already being taken apart, they are telling us everything

[ridicule] 19/6/2015 11:08

Great feedback boys, keep it up. Two really good bits so far. Debt extension and 200mt through optimisation of existing plants. This must provide new upside momentum.

[ansana] 19/6/2015 11:06

Sqm will survive, iodine prices by year end may be 35.

[che7win] 19/6/2015 11:05

Mmm, I had incorrectly thought we were at the limit of existing plants, they seem to be saying they have a lot more production they can get through optimisation?

[ansana] 19/6/2015 11:01

Lots of talk on water but no specific feedback yet

[woodpeckers] 19/6/2015 10:56

You're doing a great job Ansana, many thanks.

[meb123] 19/6/2015 10:55

Ansana - "More expensive runing costs"- are they one-off ?

[bobsworth] 19/6/2015 10:52

Thanks Ansana. Will marry up the answers to my questions later and post a total summary for all to see + questions/answers asked by fellow posters.

As a long term investor that has been adding monthly as funds allow. Music to my ears "Don't need extra funding, 2017 loans already on discussion to extend for longer, lenders are very happy to extend beyond 2017"

[jbe81] 19/6/2015 10:51

ansana, have any questions been asked re what iofina plan to do about the water decision?

[ansana] 19/6/2015 10:46

Accounts 2014, extra losses caused by expensive in field inventory and more expensive running costs, plus new accounting system, all came to light very late

[ansana] 19/6/2015 10:43

Fixed plant like io2 better than mobiles at the moment. Reason lower cost of production.

[ansana] 19/6/2015 10:39

All questions sent.

[phoenixs] 19/6/2015 10:33

Ansana,

Where do IOF see Iodine prices at the end of the year?

[ansana] 19/6/2015 10:29

"Don't need extra funding, 2017 loans already on discussion to extend for longer, lenders are very happy to extend beyond 2017"

[ansana] 19/6/2015 10:28

"Supply off takes, currently outside sales with long term agreement generate better prices than jv"

[ansana] 19/6/2015 10:14

Thanks Hew sent your suggestions for speed. Reply to my question"No, still optimising existing plants, still probably another 200t to come, easy production, low cost, get this right first"

[hew] 19/6/2015 10:10

Bob's Questions 1 and 2 together, 16 and 17 seem particularly important. All good!

And do please try ask if believe 2014 Results full and fair! To assess their character! And sense of shame!

[ansana] 19/6/2015 10:09

AnswerIo1 will not be moved and back on line until at least spring 2016

[ansana] 19/6/2015 10:07

AnswerNot before end 2015 for mobiles

[ansana] 19/6/2015 10:07

Bob can't send all that by text. Pick one or two

[bobsworth] 19/6/2015 10:02

Could not make AGM due to work comittments.
Here are the questions I would have asked. Take your pick.

1. What exactly were those Intangilble's that added a whopping $4m loss to the 2014 results
2. Will they re-occur in 2015.
3. What is their growth plan for 2015/16.
4. Where are they going to re-site plant 1.
5. Why have they not yet launched any of their new low Opex and Capex mobile plants.
6. How confident are they that they can pay off the $15m convertible loan bonds in 2017.
7. What is their current Opex costs for plants 2 to 6.
8. What is their Opex targets for 2015, 2016 and 2017.
9. Water rights denied. What next?
10. Is the chaos caused by the last management team finally behind us and everything is back on track.
11. What are they going to do to supply plants 3,4 & 5 with a richer iodine ppm brine supply.
12. What impact has the current fall in oil prices had on Iofina i.e. reduced fracking and less interruptions to brine supply.
13. How long does Lance Baller intend to stay as chairman of Iofina.
14. Does Lance Baller still believe that iofina has the potential to become a billion dollar company.
15. Are you happy with the Isorb extraction technology & what plans do you have to further improve its productivity.
16. What happened to the long term supply interest from Japan and why did you not negotiate a supply agreement.
17. What are your funding plans to finance your 2015/16 growth plan.
18. Would you consider raising funds via an release equity release.
19.What are your plans for the iodine derivatives business - 2 shift working, growth acquisition or steady as we go

[iofra] 19/6/2015 09:53

Question: timescale for IO1 re-location