Iofina Share Discussion Threads

[sandbag] 02/8/2013 22:04

worraps,
as a matter of interest where did you find that info?
TIA

[pcjoe] 02/8/2013 22:02

Doable Noli - Just have to wait & see - It will take all their resources & some to get that lot up & going for end of December - It would be nice to think that a separate team has already been set up & is solely working on the 2014 roll out ( including locations, leases, construction procurement, recruitment, training etc )- A separate team also for any mini roll out utilisation - The new CEO cant start soon enough

[maca1212] 02/8/2013 21:52

gad,

Boy those patents are great things does that mean that where they declare in claim 24:

"comprising: an oil well for producing a flow of aqueous brine; a pipe connected to the oil well for carrying the flow of aqueous brine"

They have actually patented oil wells, produced water and pipes?

Super

[sandbag] 02/8/2013 21:51

Thanks worraps!

[n3tleylucas] 02/8/2013 21:42

worraps,

The 127k was most likely a sell, not a buy.

[gadolinium] 02/8/2013 21:41

Hi Super,
Effectively patenting the SWD business model is quite an achievement, I can understand why Arysta had doubts whether that aspect of it could be achieved.
It's progress was not straight foreward, I notice the patent was subject to a final rejection by the US patent examiner at one point, but was eventually successful on appeal.

[worraps] 02/8/2013 21:38

sandbag 6387

They were late declared trades from Wednesday 31st. Both buys.

[sandbag] 02/8/2013 21:33

2.5 months for manufacture and delivery from Europe is tight and that assumes the fabricator's present workload allows him to start work immediately.

edit: Perhaps the fact IOF are paying in US Dollars would encourage the fabricator to "drop everything" and give IOF priority

[bogg1e] 02/8/2013 21:26

Noli, I thought that they hadn't secured the lease for the IO#4 plant as yet? So it would still be waiting for the ground crew to start? If I've misread the rns i apologize.

[naphar] 02/8/2013 21:23

In addition noli, why do you think 2 sets of 2 titanium towers were ordered? We already had the towers for IO3 and IO4 onwards were expected to be FRP I thought.

Also, I am not sure a 60 day build assumption will come true, I guess we will get more guidance from IO3 on that.

[naphar] 02/8/2013 21:19

Noli, unless you have reason to believe otherwise, I would assume they only just ordered this "spare" set of titanium towers, as it seems we ordered them due to the longer delivery time of the FRP towers. I may of course be wrong but I am not sure assuming they were ordered in June is realistic.

[noli] 02/8/2013 20:40

freshvoice, i dont know when they ordered them, so if it was june add another month for delivery so October ish.

[freshvoice] 02/8/2013 20:35

Noli
I think the 2.5 months for titanium is a bit short considering transport to US from Ukraine?

[engelo] 02/8/2013 20:34

noli: that is a true work of art. Looking forward to reading and digesting :-)

[engelo] 02/8/2013 20:34

naphar: re booking of sales in H1: exactly what I wanted to know. Thanks :-) edit and the feed through to EPS which many will pay attention to on the short term :-)

[engelo] 02/8/2013 20:06

SG: thanks for hard work on patent. Not so much a brick in the wall, more a granite foundation. Brilliant :-))

[superg1] 02/8/2013 19:55

On the patent. Especially for Gad.

Having read it, considered the Arysta side of it etc etc, I came to the conclusion that it looks like it includes the 3rd party brine model of extracting iodine at partners disposal sites.

My reading if it, is that IOF through their own and Arysta's patents have protected the 'idea" of having plants at SWD sites with technology to extract iodine.

I have had comms recently asking if my assumption is correct.

The answer is yes, that's exactly what it is, and other patents of the deeper tech will come.

So in short IOF have more or less closed the US market, for the term of the patent,for anyone that may be interested in extracting iodine in a 3rd party deal the way that IOF do.

So while we thought they had cornered the US market, by virtue of contracts, and the only viable tech in the US, they have now put the final nail in the coffin. No one without breaching IP, can copy the business model IOF are pursuing. Hence there is now no one else for the O and G companies to do a deal with, even if one came up with the tech.

Amazing really that they achieved such a patent. Just about all in the Us dispose of their waste brine down injection wells. So in terms of such 3rd party deals putting extraction kit at disposal sites, then IOF are the only one's that can do it in the US.

So that side of it has gone, for all, for many years.

In business terms, of blocking competition, it's a massive patent for IOF.

[n3tleylucas] 02/8/2013 19:35

I wonder if the 127k knew what was coming?

[lupins2] 02/8/2013 19:30

I was wondering bout them myself. Late trades but how late, a few hours or a few days? Regards L.

[sandbag] 02/8/2013 19:22

Can anyone explain the last two trades shown?

127,250 @161.088 traded 16:25:29
75,000 @ 165 traded 11:54:55

Thanks.

[pcjoe] 02/8/2013 19:08

A forecast 820T production rate for 2014 is more fascist than conservative IMO -The wheels will certainly have come off the trolley if that comes to pass although by itself that figure may still support the current share price or more - The next 5 months will determine the run rate leaving 2013 - I would be pretty disappointed if that run rate was much less than 820T & would hope for that as a minimum

After that likely outcome only the upside remains for all additional production in 2014 - all as per the First Columbus note - but thats a different forecasting game....

[diggulden] 02/8/2013 18:04

I think it is a very cautionary note Plas, but then that is why I am invested here.

Their 2014 production estimate of 820MT is extremely conservative, especially as if the PPM's and BPD's add up, IO1-IO3 with recycling could do that on their own at full speed.

I have lost a fair bit of enough over the last 6 weeks so I am now taking a very conservative view moving forward, but FC's EPS figures are based on their production estimates, which I personally think are just too conservative and allow for plenty of upside.

We are in the important stage for the next 6-12 months, as multiple plants come online, only once we get some firm production figures from these plants and a good idea of how long to get them fully running, will production be able to be accurately forecast.

I certainly think EPS will be higher than 10p for 2014 and I expect production to be a lot higher than 820MT.

All my own thoughts of course, we will know a lot more by the end of this year.