Iofina Share Discussion Threads

[nashwan123] 25/6/2013 08:56

chz union.Still positive news just on a slower burner.

[falia] 25/6/2013 08:53

COMS RED TO BLUE NOW

[unionhall] 25/6/2013 08:52

It is an RNSNON - not an RNS, IE non-regulatory.

[nashwan123] 25/6/2013 08:47

Latest RNS not showing on ADVFN Monitor page.Should attract more attention when it does.

[joeblogg2] 25/6/2013 08:45

Barclays , not sure if that is City index but they are phone only since mid yesterday.

[hurricane.] 25/6/2013 08:41

Hearing that city index are hard to get hold of for iof shares.
Interesting they where quick to sell then on margin calls quickly.

A tsunami of positive news is coming

[joeblogg2] 25/6/2013 08:41

Couldn't believe the carnage yesterday and I and many others have suffered as having attended both presentation and AGM came away withconfidence to build an even bigger position which is now deep in the red. Lets hope IOF go on the offensive now otherwise with the nervousness around any predator will get it on the cheap!!

[superg1] 25/6/2013 08:34

1.2 billion barells per year back in 2007 and that will surely quickly double with this boom.

Iof are with all those they mention, so have contracted in millions of acres and monster brine resources, roll out to come.

You only have to look at historical data as far back as the 70's to know what ppm they are on, and what they are excited about.

It's far better than any note has said so far.

I'm now curious regarding recycling water. IOF said they were to get concentrated brine from somewhere (Dec presentation comment) and I think OK will go down that route at some point, which may mean concentrated brines for IOF.

[jointer13] 25/6/2013 08:33

about time they opened up...keep it coming iof

[captain_kurt] 25/6/2013 08:29

The beginning of the end of the secrecy imo

[festario] 25/6/2013 08:29

Just added a swift 2000 more at 144p, may not look clever today, but it WILL be clever in time. It's all about averaging down too.

[superg1] 25/6/2013 08:28

Beer

I suspect more will come, just the start of the PR opening up on what they have.

I've been trying to say how busy the rigs are and how good the iodine is and at least they have dropped a bigger hint re that.

'With the robust quantity of water and concentration of iodine, the Mississippi Lime has afforded Iofina with an enormous opportunity utilising one of the largest waste streams in North America.'

The Miss play is the next boom but is far more shallow and less expensive than the Bakken. Well Longhurst 1 was going at 3000 bpd of Oil. That one is not far from io2.

OK is the highest brine per barrel of oil area, but also has stunning ppm's in many wells

[croc8] 25/6/2013 08:25

It certainly looks like there will be huge volumes of brine, and we already have good relationships with those companies. No wonder they are looking at the 50k units. As was said yesterday - the story hasn't changed, in fact it will only get better and better.

[beercapafn] 25/6/2013 08:21

that's more like it IOF...

[warmsun] 25/6/2013 08:17

June 25, 2013



Iofina plc

("Iofina" or the "Company")

(LSE AIM: IOF)





Mississippi Lime:

Production & Produced Water Congress 2013



Iofina, specialists in the exploration and production of iodine and iodine specialty chemical derivatives, are pleased to announce the Company will be presenting at the Mississippi Lime: Production & Produced Water 2013 Conference. The conference to be held in Oklahoma City June 26th and 27th gathers together the leading production professionals operating in the Mississippi Lime. The list of speakers and participants includes many of the area's leading producers.



The Mississippi Lime has been characterized as the "New Bakken" with estimates that production can hit 500,000-boe/d mark by 2020.[1] This play is characterized by shallow, low-cost wells that deliver, making it a bargain in the North American shale scene. The Mississippi Lime has a net of 11,000,000 acres with the play's horizontal core being approximately 7,000,000 acres spread across north-central Oklahoma and south-central Kansas.[2] The largest operators in the area are Sandridge Energy, Chesapeake Energy Corporation, Range Resources Corporation and Midstates Petroleum Company, Inc.[3] The development of the Mississippi Lime had been impacted due to the quantity and expense involved in disposing of the brine water. These obstacles have been overcome and now Baker Hughes estimates there are 92 rigs actively working in the core area.[4] With the robust quantity of water and concentration of iodine, the Mississippi Lime has afforded Iofina with an enormous opportunity utilising one of the largest waste streams in North America. Iofina's proven IOsorb™ technology allows operators to reduce costs associated with the disposal of their brine stream. This allows our partners to reduce their operational expense compared to non-Iofina partners in the area.



Iofina is currently working with several of the area's largest producers and continues to expand its presence. The Company currently has two plants producing iodine, one in the Mississippi Lime and construction has commenced on IO#3. Construction of IO#4 is expected to be completed circa 30 days after IO#3.



About Iofina



Iofina specializes in the exploration and production of iodine, iodine specialty chemical derivatives, produced water and natural gas. Iofina's business strategy is to identify, develop, build, own and operate iodine extraction plants currently focused in North America based on Iofina's WET® IOsorb™ technology. Iofina has iodine production operations in the United States, specifically in Texas, California,

Montana, Oklahoma and Wyoming. The Group has complete vertical integration from the production of iodine in the field to the manufacture of the chemical end products derived from iodine to the consumer and the recycling of iodine using iodinated side-streams from waste chemical processes in Europe, North America and Asia. The Group utilizes its portfolio of patented and patent pending technology, proprietary methods and trademarks throughout all business lines.



For further information, please contact:



Dr. Chris Fay, Executive Chairman

Iofina plc

Tel: [phone]

www.iofina.com



Ben Colegrave/Chris Sim/Neil Elliot

Investec

Tel: [phone]



Media Contact:

Dominic Barretto

[roboben] 25/6/2013 07:46

hew - I agree.

If the company was pursuing the correct policy a fortnight ago then it's probably still the correct policy now and really shouldn't be changed. If predators appear there'll be plenty of time to get the news out and drive the share price up once they do. No need for panic driven changes.

Like many, I got clobbered yesterday.

I closed my SB positions to have money left to get back in. My shares I continue to hold.

Not sure what will happen today and don't like the instability in the markets generally so I may watch for a while before I get back in on the SBs. I may miss some of the rise but I'll feel more secure that way.

As someone once almost said, "I'll be back! (in)"

[writz] 25/6/2013 07:33

FTSE Futures also into positive territory.

[the librarian] 25/6/2013 07:28

From what I understand steve they sell around midday and did so yesterday, and some will probably come back in expecting a spike up this morning, most of them will have moved on to other opportunities now.

[writz] 25/6/2013 07:26

Tokyo and Shanghai showing a bit of a recovery going into the end of their sessions, which should take a bit of pressure off the wider markets. Collapses like yesterday's, though, don't happen with out a reason, and somebody clearly went to a great deal of trouble to pull around 8 million shares back in circulation. I wonder why...? The high degree of investor confidence in IOF, expressed in high degrees of SB and CFD gearing, ironically made that easier to achieve. None of which has any direct connection to the company or its near term prospects.

[superg1] 25/6/2013 07:16

Story just the same on our view but IOF need to start saying what they have. It seems there are plans to do that re the iodine and roll out.

Obviously other things, not priced in, like oil and water could have nice surprises.

[chunchunmai] 25/6/2013 07:14

Steveolds... Isn't the natural presumption that they would sell yesterday... Ie. a day trade?

[steveolds] 25/6/2013 07:03

Day traders who bought on or around yesterdays low will probably be selling today.

[che7win] 25/6/2013 07:00

A 20p rise today would be nice, now that the panic is over :-)

[n3tleylucas] 25/6/2013 02:47

SCRUTABLE,

You saw me at my finest yesterday morning. That is what I'm good at.

Isn't it fascinating? Look back.