Iofina Share Discussion Threads

[engelo] 21/7/2013 18:55

maca: it seems that you have done a fair amount of due diligence on IOF and are not convinced from your investigations that it is safe enough to invest in.

It would be very instructive if you could let us know some of the companies that you ARE invested in, presumably where your analysis has not shown up any aspects which bother you.

tia

[n3tleylucas] 21/7/2013 18:54

maca1212,

You touch on a couple of negatives, you'll find a flippin' shedload more with little effort. It's no use even attempting to discuss these on here, you'll be dismissed as a troll, disruptive, spoiling threads!

When the ACTUAL results hit the screens, and the market decides to move the share price to a more appropriate level, everyone will see the truth here.

Until then, just laugh.

[pcjoe] 21/7/2013 18:50

Yup Lib & not sure how IOF could have rushed out IOF1 - 6 to take advantage of the one day wonder that was the Fukushimsa Iodine price spike

[the librarian] 21/7/2013 18:42

That's all water under the bridge if you are going back to 2008 Maca :-).

[bogg1e] 21/7/2013 17:39

pcjoe. will do. Thanks!

[pcjoe] 21/7/2013 17:28

Hi Bogg - Not done it but if you want to check then just do it the arithmetical long way ( see first paragraph in header) - then check answer using SGs shortened math formula - Test it by substititing a couple of your own PPM & yield figures

[bogg1e] 21/7/2013 16:46

SG1 (or anyone lese for that matter). Can you please explain the following?

"Production calculation for 90% yields: 30k/7k x ppm = kg per day."

Although i am happy to use this for calculations, i don't understand how this formula is derived. Can you please clarify? Tia.

[joeywald] 21/7/2013 15:44

SG please add me to the new list. Thanks.

[neddo] 21/7/2013 13:32

sg
just to add to the post above , I am by nature very defensive of what I own and aggressive to anybody who wishes harm it.

[superg1] 21/7/2013 13:31

Plas

They could have had io3 running months back but waited for the better ppm in OK.

No point having 6 plants doing potentially what 2 could do. Opex is directly connected to production rates.

Power, labour and chemical costs will be more or less the same no matter which plant you are at. One producing 200mt will therefore carry a higher opex than one producing 500mt.

As for the CEO situation. I did ask, they didn't want to advertise pre announcement, as us guys seem to find any job post they mention.

We proved that re the COO advert. Lance was hoping to continue, but his health didn't improve as he wished, it was a last minute decision to step aside to allow another to take over.

IOF have never been a team to let things linger and the decision front.

[neddo] 21/7/2013 13:03

sg
I had you know who on filter for a long while ,the thread went very quiet , I thought I would have a quick peak at what it was saying , didn't like it , gave some of it back,simple as that.

[dcgray21] 21/7/2013 12:55

SG1 - could you add me as well if Ok ...many thanks . Email is [e-mail]

[plughole] 21/7/2013 12:52

Can you add me to the list please? Many thanks.

[dimotane] 21/7/2013 12:11

I'd appreciate it if you'd add me to your list SG1,im a serious lurker and don't post much but the gains on IOF are turning into life changing money.im appreciative of all the hard work done by yourself and others..never seen anything like it anywhere else tbh.

[jasp2] 21/7/2013 12:09

superg1,

Please can you add me to the new thread. I was on the original list.
Email is [e-mail]
Cheers.

[superg1] 21/7/2013 12:05

Neddo

You were going off on one and engaging you know who, the whole point of the PBB thread was to stop rants. It's pointless me mentioning bans would happen if people over-step the mark, other threads are available to engage and post.

Happy to take the ban off, if you keep to sensible posts. Sounding off can be done on other threads, all can still read them.

Any control, is just paranoia on the part of those saying it.

[danster4] 21/7/2013 11:07

SG1 please can you also include me on the other thread. Many thanks.

[bocker01] 21/7/2013 11:01

SuoerG, if there is any chance of adding me to the new thread I would very much appreciate it, I have sent you a private message detailing my holding in IOF so that you can see that I am serious about this company, best wishes.....

[bocker01] 21/7/2013 11:01

SuoerG, if there is any chance of adding me to the new thread I would very much appreciate it, I have sent you a private message detailing my holding in IOF so that you can see that I am serious about this company, best wishes.....

[neddo] 21/7/2013 10:57

the only other person to ban me from his thread is netley? to near the bone ,eh , guys

[plasybryn] 21/7/2013 10:26

I've got latched on to the roll out programme here and can see the obvious upside if they deliver.

But is it me or should we have expected a lot more by now if it wasn't a jam tomorrow stock?

I can't understand why the news on the production of the first two plants isn't more robust. I am beginning to think they might be over promising, especially with talk of 6 Units this year.

If Lance was such a great leader, surely he would have got them looking for a replacement ahead of his departure as well.

I just got a gut feeling that the story, as is often the case with AIM shares, won't unfold as expected. All too good to be true. These things never go to plan.

Am i being silly?

[superg1] 21/7/2013 10:11

I've picked through a few posts and some should check their PM system next to the log in tab.

Any others could you please use the tips thread to mention interest etc.


Boggle

Re the brine. As the oil rate drops the brine rate actually goes up, I was told that, but would need to check.

The iodine curve depletion is nowhere near on the levels that you see re oil.

Oil wells tend to go on producing for about 15 years.

I did ask quite a bit about Iochem (Toyota) which is the company producing about 1200 mt per year.

They have been running for 36 years in the same area and on the same play. I believe they drill their own wells.

It's suggested that after all this time, their ppm rate is now dropping at a rate of about 8% PA. Also that with all the extraction over the last 4 decades the pressures have dropped, which means they pump the waste brine back into the play to try and keep pressures higher. That compounds the dropping ppm issue.

The key re IOF is the initial heavy impact that they could have on the industry with very rich iodine brines. Just 5 or 10 plants could have a significant impact and they could be in over the next 10 months.

That's the initial key to rapid growth and don't forget pods on 'hyper' ppm single well sites.

They have well over 100 sites that are better than anything they had at Atlantis.

I would imagine 150ppm plus sites are available in high numbers and those come out at over 200mt each anyway.

So 10 on those would still put IOF above some Chile players on production and with far less capex and much lower opex.

If you look at OK data re ppm then 10 plants in OK, which seems to be what the intended roll out is about, could mean 4k/5k mt or more PA.

Delivery on the builds is the key.

I don't see why IOF can't just say in an email when io2 is getting it's new brine or at what stage io3 or 4 is at.

That sounds mad as all would expect that to be via an rns. BUT US investors can simply go and have a look, just like any of us could if we so fancied. The SWD sites are all listed.

I'm sure if the plants were here many would have popped along by now to see how builds are going etc.

With plants of the capability I mention above, if correct, it seems highly likely the multi-billion dollar companies that could be impacted by that, would look to make a bid and buy IOF.

End users in the US are importing near 6000mt, why pay $55-$60 per kg when you can produce your own for 75% or more less.
That margin improvement, can be fed into end products, to undercut competitors prices, and literally drive them out of the sector.

My fear on a T/O comes from the likes of SQM, Mitsubishi, Toyota and big chemical companies like Dow. But then there is the one I missed like the Lundin group. They own Sirocco, and as we all know from posts Sirocco have been having a rough time of it in Chile and I think The Sirocco Chile mine will struggle to keep going. It was Sirocco that I had been in comms with, but only realised who owned them when I looked for a new email contact after the president Simon Jackson left.

From them

'We are monitoring Iofina along with all other market participants. At this point, they are not a major producer. Obviously, if they (or any other entrant to the market) were to become a large Iodine producer this could affect the iodine market. We note that demand remains strong for iodine.'


That was a few months back, and I have had other comms, from the view of a concerned Sirocco investor.

So what's going to happen when Iofina prove to be a significant producer ??

SQM historically take out promising iodine producers, Toyota have stated they want a bigger share of the iodine market. Dow and others could save themselves a fortune on iodine. Then the missed one Lundin speaks for itself, if you look them up.