Iofina Share Discussion Threads

[bogg1e] 02/8/2013 11:30

The combination of both disappointing and encouraging news all in the same RNS only help the indecision and tradability of the share. Traders will have to be nimble!

[bogg1e] 02/8/2013 11:28

As I've mentioned with Net a few times, its a traders share until september, when a combination of visibility into the books and profit margins coupled with stabilized production levels will help determine value and future revenue more exactly.

[festario] 02/8/2013 11:22

EWCT used to be so positive on this stock when I first bought in.What a tremendous bell-end he has since turned into.

[n3tleylucas] 02/8/2013 11:18

Market's more concerned about the lofty 24p eps target for FY 2014.

[everybodywangchungtonight] 02/8/2013 11:14

One thing for sure, whatever share price gains are made between now and the end of September will be wiped out by a poor set of interims.

And if you take a detailed look at yesterdays RNS, the info refers to the operational period that will be in the half yearly financials, so I am expecting a disappointing set of interims.

EWCT

[bogg1e] 02/8/2013 10:52

Bit of a wait now for news. IO#2 additional brine feeds scheduled for end september, Interrims will be out about then. I imagine that by then a number of CEO candidates will have been interviewed, perhaps a replacement will have been chosen. To top it off, IO#3 should be up and running. so 6 weeks to go and a lot of good news to come out.

[nashwan123] 02/8/2013 10:44

SG thanks for response but contract announcements would add a bit more comfort. However IF the 'under the radar theory' is credible then I can see their reticence.

[superg1] 02/8/2013 10:42

First Columbus have a buy more out, have adjusted production for this year, but give a very bullish view to outperform what they say.

Generic plants at 125 mt but they appreciate now high ppm sites are appearing. They mention that the Mid states update on 5th August will shed some light re their plans.

A solid mention of water too as an increasingly likely wildcard with the first depot at 80 per day on high margins.

No valuation on that yet

[gadolinium] 02/8/2013 10:40

Mad,
In answer to your question 'Are they able to amend the original patent application as the tech develops?'

Limited new relevant information can be added to the initial patent application during the 12 months leading up to filing the final application, but not after the final application has been filed. The claims may be modified during the application examination process to meet the patent examiners objections, but cannot incorporate new facts which was not available in the final application.

[superg1] 02/8/2013 10:38

Nash

Rumour control said they had a 3m order from oversea's late last year, but never rns'd.

That's probably why India got mentioned in the presentation earlier this tear.

In the bigger picture of what IOF can achieve, a 3m order would be big for most aim's but didn't trigger an rns here, if true.

[gadolinium] 02/8/2013 10:18

The corresponding patent application for Iofina's just granted patent US8496815 is US20100074836. Interestingly, this application was filed with Arysta Lifescience as the assignee not Iofina, hence not found by my searches. Obviously at some point after the application was filed the assignment was transferred to Iofina who now appear as the assignee on the granted patent. I cannot tell from the information available on the US patent office site at what point the transfer of assignment was made, but as SG suggests I guess it would be at the same time as the plant site was acquired.

Just spotted this duplicates Nicdavit's post somewhat, apols.

[nashwan123] 02/8/2013 10:13

SG

Probably the IOF business model but would we ever expect to see an RNS stating big contract orders for their products in the way some companies announce them?

[madchick] 02/8/2013 10:08

nicdavit, LOL. Just shows that I don't even read my "home" board properly :-)

[nicdavit] 02/8/2013 10:05

Yes, I came across it by trawling back through LSE posts from 2009

[madchick] 02/8/2013 10:02

oh, nicdavit, just seen your post - thanks!

[madchick] 02/8/2013 10:00

My puzzlement is more along the lines that they didn't have any of the Arysta patents at that point, so there must have been some kind of relationship beforehand (I'm in danger of sounding like maca!). Or, once they got the Arysta patents, could they then have added in Brix retrospectively? Are they able to amend the original patent application as the tech develops?

[gadolinium] 02/8/2013 09:48

Mad,
I only just logged on around 9.15, from yesterday afternoon, so have not really caught up. Its not unusual for a patent application to take so long to be granted. The initial filing of the application would have been 21.09.09, the final application would then be filed one year later and be published six months after that. So that's 18 months gone. Then the patent examination process can only begin after the application is published and that can take from months to years. So four years to grant from the initial filing is not unusual.
I must say it never occurred to me to search under Terry Brix for an Iofina patent!

[nicdavit] 02/8/2013 09:48

Yes the original patent went in back in 2009 with Terry Brix as inventor and Arysta as assignee -

[bogg1e] 02/8/2013 09:39

square 1 sweet thanks.

[square1] 02/8/2013 09:39

First Columbus reiterate 239 TP

[madchick] 02/8/2013 09:36

gad - yes, I found that a bit curious since the patent appears to have been submitted in 2009??

[bogg1e] 02/8/2013 09:34

retiree, L2 has been all over the place. Majority buyers, then majority sellers, back to a majority of buyers again. Sweet.