Iofina Share Discussion Threads

[noli] 04/7/2013 06:46

Thanks taliking resource, i am not surprised at these bargain prices.

[skylite] 04/7/2013 00:38

Jam I think you'll find the majority of long term holders took the recent down turn in their stride. Of course there's always one or two who reek of panic and it spooks a few others. Chill, the company will come good.

I've got no idea what you mean by shorter term and less grand. I know people who got in 6 months ago at 70p - that's short term and grand Jam :-)

Sorry I meant 9 months ago :-)

[skylite] 04/7/2013 00:25

There's no bad option here for investors. You either get a take over at multiples of this or you get a roll out that delivers probably even more multiples.

It's like complaining you've found at twenty pound note fluttering in front of you because it could have been a 50.

[sandbag] 04/7/2013 00:12

jam,

"There's a reason the BoD comprises people with expertise in takeovers and mergers etc,. This has been a lads deal from the outset. Get the right people together, build the value as fast as possible, and get out with a big wedge"

That was the original plan with Atlantis. Build it up then let the Japanese and Chileans have a bidding war. Then came along fracking in Montana and N.D. where there is a water shortage. Then came the Mississippi Lime with high ppms of iodine. Then came oil and helium etc., etc.

[n3tleylucas] 03/7/2013 23:15

Proper firms will want you to prove you can make good money ... they won't waste a cent on an unproved pup like this. Maybe in 3 years time, if you can make 15m bucks pre-tax they'll have a look.

At the moment this is worthless to them. Forget it.

[n3tleylucas] 03/7/2013 23:11

"The recent drop must have been deeply irritating."

Fun though.

[superg1] 03/7/2013 22:33

If IOF are on brines of ppm's at levels suggested, then plants will be lucrative if they are on 30k bpd.

So io2 on 30k bpd with io3 and 4 running should, if the theory is right, raise eyebrows considerably.

How long T/O's take, and bids etc is a roll of the dice, so that's why I guess at 18 months.

Obviously if iof have 10 plus plants by then, the iodine producer industry will have changed significantly. I can't see those involved in a major way in that sector, ignoring them.

So it's all down to delivery really with plants up to 30k bpd. Although half speed would do to hit some expectations that seem to be out there.

[jasones52] 03/7/2013 22:18

They won't wait.

I think superg1 reckons half that, give or take not very much.

...superg1?

[jasones52] 03/7/2013 22:00

TOYing with us, Meadow2?

[meadow2] 03/7/2013 21:39

Superg - you're being enigmatic again!

[superg1] 03/7/2013 21:21

Bobby

I'd love to change my view, but if the plants go in and produce like I think they can then it's a countdown to bye bye IOF imo.

I expect water to go anyway and I can't see than do anything other than farm out any oil interest.

There is one that stands out above the others, but that is a story for another day.

[bogg1e] 03/7/2013 19:03

Thanks chaps.

[bobbyshilling] 03/7/2013 18:41

Well I for one don't want us to be taken out. I am rather hoping that Sg is wrong (for once), in his thoughts that IOF might be taken out within 18 months. It could well happen of course, but when you think about it the company should be making mega bucks in 18 months time with the roll outs alone, and it would be a real shame as the true value, and what they could be capable of will only just be starting to get the recognition by the wider markets. Most here of course know what the potential is, but by then, and probably before then, it will truly be in black and white for all to see.

[engelo] 03/7/2013 18:09

Bogg1e: in a sense a predator doesn't need to evaluate the company, but needs to evaluate the smallest price which a majority of holders would accept, with or without a recommendation by the board.

Premium to the then current share price plays a part in this, hence the reasoning that being too much under the radar makes the co vulnerable to a cheap T/O. So not before 'ping' time, please :-)

In our particular case where knowledge of potential future prospects means most would not want to be taken out, I'm pretty confident that there would be a PI mobilisation against any T/O, including bringing pressure to bear on the BoD. However large II holders would have a big say in the outcome, and some expensive lunches might be arranged :-).

[peterz] 03/7/2013 17:57

New registered office address!