Iofina Share Discussion Threads

[roundup] 01/8/2013 12:05

There are many on this board who are genuine investors with unquestionable ability to carry out an analysis of the company. However, in their effort to do a balansed exercise seem to dwell unnecessarily on the delays and not on the overal picture, the potential and the fact that the company is using a system which has been proven to work, and which in the long term will, in my opinion, prove to reward handsomely those who hold and add to their stock.

[writz] 01/8/2013 11:57

Titus, thanks - I'll take a look.

[nellyb] 01/8/2013 11:56

shonny, you sound like you know what you are doing. what are you invested in at the moment?

[madchick] 01/8/2013 11:54

pcjoe - agree!

[bogg1e] 01/8/2013 11:52

Hi all, ok so we have to write an engineering report for the Montana water project, ready by mid August. After this I assume then that the permit will be issued, followed by 45 days for locals to contend the permit? Tia

[shonny] 01/8/2013 11:41

I have revised my target for next week down to 130p. People getting sucked in by this mornings small bounce will be regretting it by 4.30

[pcjoe] 01/8/2013 11:41

Mad - Given the smallish renumeration that the BOD & senior employees at IOF have apparently been getting & the huge amount of shares that they hold, it seems pretty obvious that their interests and our own are inextricably linked - Just another reason to be invested here I reckon

[nellyb] 01/8/2013 11:38

I certainly wouldn't be happy if I had been the chap who sold nearly 92K at @1.37 just after the bell had opened. :(
No wonder the share price dived.

[madchick] 01/8/2013 11:31

maca - I agree with Titus, interesting posts, although they made my head hurt a bit and I'm not sure I understand 100%. What I'm not sure about is what you think the end game is (or have you just got stuck half-way through peeling the onion?). Is your view that Arysta/BE and IOF are in cahoots already anyway for some unknown (? or do you have a suspicion?) ultimate end or is your view that it's just a business arrangement for mutual benefit (I hope that it's not with the intent to stitch up shareholders as BoD hold many shares themselves)? I have absolutely no idea if what you are saying is correct or fanciful (either way, it is interesting).

At the end of the day, I guess we shall all just be spectators of the game in any case.

[titus10] 01/8/2013 11:28

WRITZ (6098)

ShareScope (who should pay me for all the unintended publicity I give them!) provide live intraday data delayed by 15-20 mins in the Plus package I use and realtime in ShareScope Pro. If all you want is daily prices, the basic Gold is fine.

I use it for all investment activities and records in UK stocks. It covers other markets too, but less well. The charting provisions are excellent, imo, and as the feed is online but not on the open internet, it's all yours - alone, for keeps. DDE links to XL spreadsheets are great for auto-updating of those, too, which I do daily. The support service is second to none. What you pay for it is negligible if you are serious about investing.

For trading I use the ProRealtime charts offered on the IG platform. They're free if you do 4 or more trades pm. Can't remember who, but another SB house offers them free, I believe.

Running both platforms simultaneously provides everything I need for realtime operations world-wide. Yes, it's not internet freebie stuff, but take a look online at both, I'd say, if you want your own workshop.

[pcjoe] 01/8/2013 10:54

Re the RNS - it is very important to be able to see the wood for the trees here IMO - There is no doubt that IOF have stumbled into the worlds cheapest & best source of new iodine & that they have the drive & expertise to develop this to its full industry shattering potential - Better still they have been and are, getting it legally tied up - Much of the overly optimistic "laboratory" based production ideas expounded by the company & PIs ( More so) alike have surely now been dismissed - Its going to be hard, unpredictable & two steps forward - one step back progress for at least the next 12 months IMO - Its just all going to take a little longer ( In retrospect predictably & reasonably so) - The good news for the future share price is that there is almost nothing that can stop it happening - Just glad I`m in shares & not SB`s!

[writz] 01/8/2013 10:52

Titus, do you have any recommendations for a live-data charting programme that allows you to enter, and reliably save, textual information and trendlines? I've been using ADVFN desktop for ages, but it's built on some pretty old tech and they seem to be taking forever to move over to html5, so my information has a habit of falling irretrievably into the abyss. I try not to spend money on these things, but I may be running out of usable free options!

[maca1212] 01/8/2013 10:51

titus,

Thanks, all unconfirmed of course and there is still the unresolved question of where the market will take this and how this potential 'push me pull you' game (if it is that) will play out.

We are talking about what amounts to chump change in some quarters, but in my experience it is very rare for even chump change to be left on the table for the chumps to take home.

I was worried about leakage of apparently market sensitive information here, but if my surmise is correct this another one of those 'russian doll' plays where taking one layer away only reveals a deeper game and most of the peeps that think they are on the inside may be sadly misinformed.

Of course it is more than possible I'm just seeing shadows.

Have to laugh about the 'new' units though - is anyone starting a sweep on 'Hyper' 'Ultra' etc. sorb?

When they announce the terminatorsorb (or even take the radical step of putting one of these units on a brine stream and then announcing actual production as a PR strategy) it will be game over.

DYOR and MYOD

M

[bobbyshilling] 01/8/2013 10:46

'Through this on-going exploration, the Board is pleased to announce the discovery of multiple sites with extremely high iodine concentrations. The Company is developing a unique Hydrosorb processing unit to match the characteristics of these sites. This plant will be able to produce significant volumes of iodine without the expense of processing large water volumes. The Company is also in the process of developing its Mobile and MaxSorb units to meet the needs of additional production profiles'.

This is important information. Higher ppm's with more efficient extraction methods.

[square1] 01/8/2013 10:39

Well in the round I'd say the Company is about 1Q behind where it wanted to be , so in the scheme of things not too bad. Once the Company achieves 'critical mass'- 5 plants imo- then the swings will become less violent and we will hopefully see decent price progression. Every plant built reduces downside/operational risk and firms up the prospects.

[titus10] 01/8/2013 10:36

Thanks Macca (6075).

Interesting thoughts, which chime with my earlier experience from within of how things are actually done in the petrochemical industries at the strategic level.

Your musings on the Arysta connection, of which I knew nothing when taking a punt initially on the IOF "story" as presented on this BB, confirm that 'A little knowledge is a dangerous thing' and this old fool would have done better to have acted on well-honed technical indications and prudently stood aside when his charts gave an Intermediate Term Sell signal on 24/5/13 - reported here at the time and since confirmed.

For the record, today's gap down has broken intra-day for the second time the 'Confidence Line' supporting the mean up-trend since 6/10/11. A closing share price above 1.40, however, would render that unimportant, in my view, for the present.

Previous suggestion that this 'C Wave' may be resolved around the 1.20 level (or lower) still looks sensible enough, and it should technically then be followed by resumption of the main Long Term up-trend we all look for.

I'm afraid I'm too busy with other matters to get stuck into the geeky task of downloading Jing and learning how to post ShareScope charts here. When I do, I hope to post a picture or two on the TA thread, with a reference here to alert anyone interested in practical technical analysis of price activity, without disturbing those for whom such things are anathema.

[roundup] 01/8/2013 10:28

We have now got our RNS so there's no need to speculate. We know things are moving on, more or less, as the company originally suggested it would. I am looking forward now to a steady upward movement of the share price with stability.

[festario] 01/8/2013 10:14

It seems I missed the early morning SALE!! No matter.

Now, I could have used my GVC dividend to buy more of these cheap shares, if only this ridiculous dip had happened... tomorrow!

[iof multibagger] 01/8/2013 10:01

Could even be £5 by xmas some folks can not read very good news with a little
delays which are expected in this industry the next 6 months these will fly

[jointer13] 01/8/2013 09:58

water seems to be well on its way. (excuse the pun)

Finalised agreements for the terminal's physical location, the necessary flow line right of ways, and pump stations have been completed. Additionally, the Company has been in contact with several oil and gas operators, service companies, and trucking companies to obtain additional letters of intent to purchase water.

[iof multibagger] 01/8/2013 09:54

£4 by christmas with 6 plants running ;) Easy money

[supreme mo] 01/8/2013 09:49

neddo I think some pis had no say in the matter I.e were automatically closed out by spread bet companies on their behalf...hats off to the early birds picking up some some sub 140 bargains... will be interesting to see if bod get their hands in their pockets at these prices...

[mikealig] 01/8/2013 09:44

Very satisfied with today's RNS. No change to the big picture.
Only wish that the price could stay in the 130's till Monday and I can do a one for one swap with my Afren shares in my ISA, but that's beginning to look unlikely.

[fairenough11] 01/8/2013 09:41

Packed full of margined punters,the perfect storm this am.Easy 24p.