Iofina Share Discussion Threads

[superg1] 16/8/2013 09:25

Lib

Exactly the point of why we are invested, the rapid growth and profitability, it's starting and will accelerate.

I think a visit to the area in OK would make people realise just how mad it is there re drilling. In, over the next year or two, the Miss play will feature in the oil tables.

Longhurst 1 just up from io2 kicked out 3000 bpd on the intial flows, which is very high.

"The Longhurst No. 1 is the biggest well in the trend. It came in at about 3,000 boe/d. In a little over five months, the well had paid out five times. It's been an eyepopper."

[diggulden] 16/8/2013 09:21

Nice Lib, I like it!

Maybe new CFO would like to buy some shares too?

[the librarian] 16/8/2013 09:11

Ioditech :-)

I have reworded CF's response a little, he missed the opportunity to explore the downside!

'Commenting on the appointment Dr. Chris Fay, Executive Chairman, said

"Although his pen does run out of ink quite often and he is no good at sharpening pencils,We are very pleased to welcome Gary to the Board at a very exciting time in the Company's development. Gary has extensive financial management experience that will be important as Finance Director in order to maximise this exciting rapid time of growth and profitability. The Board would like to thank Michael for his support to date and looks forward to working with him in the future'

[nellyb] 16/8/2013 09:05

Another of those building blocks in place.

[nevmyers] 16/8/2013 08:57

Ansana

Pelham Puppets !!

[ansana] 16/8/2013 08:40

Bobsworth who are IOF going to buy out!!!!

[superg1] 16/8/2013 08:30

Good point CK, Hurricane did say CFO news.

Ceo can't be far behind then.

[bobsworth] 16/8/2013 08:18

Exactly my thoughts sandbag.

Getting ready for eventual acquisition on the buy-side.

[semper vigilans] 16/8/2013 08:16

Presume you mean 'in' skasher?

[skasher094] 16/8/2013 08:13

CEO out by midday? Bets

[1madmarky] 16/8/2013 08:10

Another piece in the puzzle in place. ;-)

[rogerbridge] 16/8/2013 07:58

Exactly my thoughts sandbag. Getting ready for the eventual take out.

[sandbag] 16/8/2013 07:57

Apart from the fact he's got experience of a rapid growth company I like this:

"He also has experience with private and public capital funding, as well as merger and acquisition activity on both the buy-side and sell-side." This fits in with the rest of the board who all have M&A experience.

[captain_kurt] 16/8/2013 07:55

Good news!
Well done on the heads up H.

[hew] 16/8/2013 07:54

Edit, deleted. Double post

[hew] 16/8/2013 07:54

Extremely unlikely that CEO not selected IMO.

[nevmyers] 16/8/2013 07:51

Just hope the shares don't go down to much on the back of this !!

[battery] 16/8/2013 07:29

Internal promotion of the FD to CFO position and new appointment of heavy hitting FD.

Did that ticking sound just get louder.???

[orslega] 16/8/2013 07:28

2008 he was earning $811K.......down to $254K in 2012...looks like ASTI has had a rough passage...

Gary Gatchell/Chief Financial Officer 811,461 205,655 418,325 467,746 254,231

hxxp://insiders.morningstar.com/trading/executive-compensation.action?t=ASTI®ion=USA&culture=en_US

[bobsworth] 16/8/2013 07:27

Great news on new CFO.

CEO next.

[joeywald] 16/8/2013 07:24

Interesting that the CFO is announced before the CEO. I would have thought the new CEO would have say in the choice of CFO so maybe he is already chosen with the announcement imminent.

[orslega] 16/8/2013 07:18

same profile here...

hxxp://www.ascentsolar.com/leadership/

[superg1] 16/8/2013 07:16

Well that will please the funds. They worry re companies without such a finance expert at BOD level.

I understand it was a common question in past presentations. A very suitable addition it seems, with the experience in rapid growth, and various aspects.

Must look him up.

[orslega] 16/8/2013 07:06

New CFO

Gary was part of the original founding management team of Voyant Technologies, Inc. ("Voyant"), a leading provider of audio conferencing equipment that was subsequently acquired by Polycom, Inc. Serving as Chief Financial Officer he helped grow Voyant from eight employees to over two hundred, enabling a return of 20x to Voyant's Series A investors, after only four years