Iofina Share Discussion Threads

[malachey] 17/8/2013 22:36

Sand: re post 7187 - couldn't agree more...

[rovi57] 17/8/2013 21:55

similar problems, although seem to be now resolved

[freshvoice] 17/8/2013 21:32

Can't get the previous or go to button to work, also all sites have lost headers.

Is it just me or are others having same problem.

Bet it's the CIA tapping in again!

[rovi57] 17/8/2013 21:29

water or mustard?

[n3tleylucas] 17/8/2013 20:49

"If any country should understand about not taking chances with all things nuclear it is Japan"

The kind of comment I expect from you. Crass.

[bogg1e] 17/8/2013 18:16

Cheers chaps. It seems for now that scientists are truly stumped. There is a team of scientists working in the US working on robots that are especially designed to cope with intense heat and radiation but they are a long way off. The aquifer the reactors sit on is a concern because of drinking water supplies, additionally the vast tonnage of waste water (up to 300 tons per day) seeping into the pacific will cause many future problems. Especially in marine life mutations which are already appearing. Solutions though are thin on the ground. The exposed cooling pool, some 50 feet off the ground and open to the air is the next big step. They are currently trying to find a way to remove the 1300 rod assemblies without them catching fire or setting off each other in a chain reaction due to their close proximity. They contain plutonium and have to be removed via manually controlled equipment, which is where the risks lie. If they go up the resultant cloud will spread through the northern hemisphere in a matter of days. That is a worst case scenario but the lack of automation is a concern.

[sandbag] 17/8/2013 18:12

SG1,

Post 7194.

Got to agree it is quite disturbing but I also had a wry smile at the photo on the Guardian Express article. The story is about radiation contamination from the Nuclear Power Station. And the photo....? Yes it's my pet hate again. It's a coalfired power station. One smoky chimney and eight steam billowing cooling towers. Still as you can't see radiation I suppose they have to show something - LOL!

[monty panesar] 17/8/2013 17:53

This recent article suggests things are getting worse

hxxp://optimalprediction.com/wp/upsurge-of-iodine-131-in-japan-daiichi-on-fire/

[superg1] 17/8/2013 17:49

Bog

Here is a site with a good list of reports From oats to cars get rejected.


It spreads in large amounts without the issues raised recently, if it hits the water ways as mentioned in that water seepage then it will get a whole lot worse.

Japan talk of 100 feet deep 'ice walls' as maybe a long term answer to contain it all.

[superg1] 17/8/2013 17:29

Bog

Transfer the thought/problem to Oklahoma and Iodine. How would you then feel about the circs for IOF.

Most reactions in life are usually heavily weighted towards fear of the unknown, rather than actual risks.

[freshvoice] 17/8/2013 17:12

Boggle
Doesn't matter if it is, it could be. Would you eat fish from Japan now?
I assure you it's safe!!

[bogg1e] 17/8/2013 16:29

In regard to japanese iodine, if it comes from a source that is sealed off from the environment (ie a subterranean field), how could this iodine become contaminated?

[bogg1e] 17/8/2013 16:25

Sand cheers. I was referring to the US based nuclear power stations. Ive never worried about UK based stations primarily because the UK is an earthquake "safe spot", due to the plate boundaries on which the UK sits being relatively distant in most directions, when compared to many countries in the world anyway. America concerns me because many US stations are situated in geologically riskier areas.

[sandbag] 17/8/2013 14:44

Sg,

Sorry, went off on a tangent there. I agree totally. The future's not bright for Japanese sourced iodine. Add this to the growing world demand for iodine and it looks like the present price will be maintained for some time.

[superg1] 17/8/2013 14:25

Sand

It's more about the affect it could have on Japan's production of iodine imo.

That combined with the willingness of customers to get their iodine from Japan.

We know supplies are tight, so not many options currently for end users. However as time goes on, and supplies become available from elsewhere, I can see Japan sourced iodine, losing market interest.

[sandbag] 17/8/2013 13:32

Bogg1e,

Your basic arguments are sound but you are making a lot of technical errors. Firstly EDF who now own eight of the nuclear power stations in the UK have spare transformers based at various stations. In fact one is due to be changed out in the coming weeks at Heysham I station. A new one will no doubt be sourced to replace the spare. In fact since the earthquake EDF have spent millions on what they call JERT (Japanese Earthquake Response Team) They have not only carried out lots of modifications to the stations but have three depots around the country where they store emergency vehicles, generators, pumps, JCBs etc. so that in the event of something serious happening they can get in and restore power, water etc.
I don't intend getting into an argument in support of nuclear power but whenever the media show photos of Sellafield Nuclear Reprocessing plant they show the cooling towers belching out (what?) It's actually steam. They don't mention the fact that places such as Ramsar in Iran or Kerala in India have more naturally occurring radiation than is now found at Chernobyl. Goodness knows what will happen to the people who sunbathe on the beach at Guarapari in Brazil. Please don't think that I am in favour of Nuclear Power. I would like to see more harmless power sources such as Hydro etc., but I do like to see unbiased facts and I do hope we don't have to hand out potassium iodide tablets to whole communities.

[superg1] 17/8/2013 13:15

The human nutrition side is not a large part of the driver of iodine sales. However 1 billion suffer from lack of iodine in their diet and measures are in place (like India) to make changes to combat that.
Other big features for the likes of India is the tech side, like xray contrast media.

The big issue re Japan, is that they produce 20% of the worlds iodine. Iodine-131 will cause anyone without sufficient iodine nutrition major problems.

But the iodine being produced in an area, where such a disaster continues to unfold, is not the best advert to sell your iodine to an end user, and that is potentially where significant price hikes come from, and a shortage in a growing market.

With Chernobyl it was a case of give it a big wide berth with exclusion zones.

Putting it into perspective, Japan is smaller than Montana and has a population of 128 million.

What would us guys think of Iodine production in Montana, with a nuclear disaster unfolding down the road.

In fact how about one in Oklahoma.

The Japan production source is much the same. Gas contained in an aquifer, along with iodine.

They can't simply plug and walk for the Japan version, there is nowhere to go, they have to tackle it, and it's highly complicated.

Add in the scientific comments pre event about plate changed and expected tsunamis, they seemed to get it right. They predicted more post event, and there has been one but on a much smaller scale.

[bogg1e] 17/8/2013 12:25

Urban, the scenario above is why i dont touch avanti.

[bogg1e] 17/8/2013 12:24

pcjoe, nice one, i get moneyweek and i know a number of loaded peeps who swear by it, along with the FT of course. It would be great exposure for the cause.

In regard to nuclear threats, the greatest is power. Each nuclear power station has enough back up oil powered generators to keep reactors cool for three weeks as standard. The electrical system the back up generators replace are based on unique, custom built, mahoosive transformers. If they become damaged it takes months even years in some cases to repair or replace. So what could damage them? Well, the suns electromagnetic field is weakening, along with the elctromagnetic fields of all the planets in our solar system, as is extreme weather, which can also be observed increasing across the solar system. When the suns EM field fades the strong coronal loops that bind plasma ejections and drag them back into the corona is lessened and mass ejections become increasingly likely, while at the same time the weakening field of the earth offers less protection from such an ejection. A coronal mass ejection would overwhelm the earths EM field, inducing ground currents and currents within electrical equipment, which subsequently blow up or melt or fuse. Three weeks later, if disruption to oil supplies occurs also, nuclear power stations go into meltdown. Cheerful stuff.

[urbanyeti] 17/8/2013 12:22

The highest value trading AIM shares for Sippdeal customers over the last seven days were: 1 GULF KEYSTONE PETROLEUM 2 IOFINA PLC 3 BAHAMAS PETROLEUM COMPANY 4 AFC ENERGY 5 BLINKX PLC 6 FASTJET PLC 7 AVANTI COMMUNICATIONS 8 SIRIUS MINERALS 9 IQE10 AT UK So it looks like Iofina is a popular choice going into ISA's this week.

[pcjoe] 17/8/2013 12:04

Yeh Bog - We are in danger of becoming the "unacceptable face of capitalism" here (LOL) - Seriously though, Nuclear disasters are almost an inevitabilty going forward if history is anything to go by, and the situation is only going to get worse - Iofina could be a nice little insurance hedge in any financial portfolio - Aside from a Fab investment story in its own right

"Is Iodine the new Gold?" - Just fired the idea across to the moneyweek magazine - sounds like the kind of story they might run with ( its where I first heard about Iofina ) - That could do our share price a bit of good!

[bogg1e] 17/8/2013 11:47

I'm wondering if it also is an unspoken motive behind India's intent to raise iodine imports for bread conditioning. Indians are generally iodine deficient in their diets.

The price depends on public demand, which, regarding Fukushima, is based on public awareness, which is being tightly controlled through the media, who say what they are told to say by governments and regulatory bodies, who are lieing. A panic buying spree would do it for the iodine price, but the public awareness hasn't reached the critical mass yet for that to happen. Given that as we note, supply approximates to demand, ie there are no considerable stockpiles anywhere to meet the kind of demand a nation may pressure its government to obtain, couple with free market ethics and you get iodine prices going through the roof. I would rather get rich for better reasons than this though.

[bogg1e] 17/8/2013 10:51

Its not a national disaster SG, its an international disaster. Within a short space of time after the event reports from the US demonstrated that radiation had, and still continues to, permeate through the ENTIRE FOOD CHAIN, especially milk due to irradiated grass eaten by cows, across the entire continent. I kid you not. Just go digging as I know you are fond of, well not too deep, otherwise it may disturb your sleep, but you'll get the picture. Potassium iodide will become an increasingly important product. Check out the satellite imagery detecting radiation levels and you will see that the entire pacific is irradiated with a long list of radioactive elements and isotopes. The picture really is not pretty. For IOF holders the bright side is that we are sitting on a purple coloured gold mine, the only reason the penny hasnt dropped is because the mainstream news and western governments have suppressed the facts to avoid "mass panic", the Japanese worst of all, although America and the UK despite the pro's sent out to assist have been nearly as bad. The inside of the reactor buildings is so hot a human being would last approximately 2 minutes before being cooked alive and robots sent in to clean up and repair the damage last about 4 minutes before dieing. Ie NO-ONE IS DOING ANYTHING EFFECTIVE to halt the destructive worsening process within the failed reactors. Iodine will become very, very important.