Iofina Share Discussion Threads

[freshvoice] 24/10/2013 17:03

Pleased to be wrong today, hope rise continues for the sake of Ennismore

[superg1] 24/10/2013 17:00

Sadly I doubt it, but if insti X or Y decide it's time to move, then it will be gone in a flash.

[bobsworth] 24/10/2013 16:51

Hmmm does this mean the supply is drying up!

[angel of the north] 24/10/2013 16:49

....could this mean the 'supply' has dried up?

[superg1] 24/10/2013 16:46

I imagined an AOTN-like arms out lap of the house/flat/bedsit/mansion/penthouse apartment/villa/manor house/country estate...................... :).

Spoilsports, I was looking forward to a good chuckle as 'they' did it again. It looked like 'they' were setting to do it, and then stopped.:-(

[angel of the north] 24/10/2013 16:40

I ain't pi$$ed off today! :)

[freddievas] 24/10/2013 16:38

Bingo...we held on to the rise!!!

[superg1] 24/10/2013 16:21

AOTN

I can feel the tension as you watch :-)

[ramsey11] 24/10/2013 16:16

Holdin holdin

[king_roster_iii] 24/10/2013 16:16

It ain't going to happen....it ain't going to happen

[boo 2 goose] 24/10/2013 16:12

No end of day pop

[freshvoicem] 24/10/2013 16:08

Getting ready for end of day drop!

[superg1] 24/10/2013 15:04

The best guess would be no idea re timings, but to add on say 6 weeks to the year end for up to io6 as a buffer.

Not even IOF known which site will be IO4, 5 or 6 as the next one finished becomes number 4.

They have frp plants and towers US sourced, and also titanium from Europe.

IO plants are made up a various components with different suppliers, so it's a case of will all the parts for each plant arrive on time. Maybe they will get parts on time, 2 out of 3, 1 out of 3. I say 6 weeks as they reported towers being 4 weeks behind on one plant in an earlier rns.

If anyone has an exit plan post io6 then it could be first week of January or the 2nd half of February.

I've been asked dozens of times, what's my TP or exit point. It's an easy answer, I don't have any TPs or exit points. As long as the business plan remains roughly the same or grows, then I will be staying in until a point that I feel IOF can't expand. The potential is lucrative, it's not just about the IOF circs, plenty of shares have potential, but very few have such mappable potential progress. It is in a sector of scarce resources, few competitors, and IOF are forecast to have a commanding opex/capex position, with there own country as one of the largest end users, who import 80% of their needs. What better position could one want in any business.

To add on they have potential water, oil, gas, helium etc.

So io6 by the year end would be nice and please a few, but in the bigger picture, if your not trading, then a few weeks slips here and there are of no interest to me.

We talk about over-deliver but no-one has given IOF credit for when they did over-deliver.

They said they hoped to increase brine at io2 in Q3 to get it back up to the May levels of .85 mt per day io1 and 2. They smashed that on the brine front and maybe io2 is on it's full 30k or slightly more by now.

That could mean .5 mt more per day for the 2. Which going on the original io1 comment (1 mt per week), is 3 io1's added just by having extra brine.

So do we now say we have 5 plants?

It's all down to bpd and ppm not the number of plants.

IOF talk of sites of much higher bpd and for io3 to 6 gave a 17k to 40k range.

The 40k plant may produce less than the 17k plant as it's all down to ppm.

The target figure is 700-1000mt, imo if io4 is up to a decent speed by the year end, then they will be at the upper range anyway, without 5 or 6.

[dorset64] 24/10/2013 13:41

Plasbryn, from the half yearly:

'The Board expect to complete construction of IO#3, IO#4, IO#5 and IO#6 by year end. With these plants fully operational, it is estimated that the annualised production rate will be between c.700-c.1000 metric tonnes of crystallized iodine which would see Iofina become one of the lowest cost and largest iodine producers in North America, enabled by its patent protected WET(R) IOsorb(TM) technology'....

[plasybryn] 24/10/2013 13:38

I've been out for quite a while due to the CEO departure and missed Plant targets etc.

But I have recently bought back in on the basis that we have a CEO (62!) and Io3 is about to go into production I believe.

Originally when I was last following this, I had Io4 scheduled for October and Io5 for November.

I assume these dates are now wrong.
Do we have a more accurate schedule of dates please?

Thanks for any help in getting myself back up to speed.

[malachey] 24/10/2013 10:36

jamonit: Mine's fine

[superg1] 24/10/2013 09:52

Titus/Scrut

If either are around, or any TA guy.

What do you think of M and S short. I don't mind using that word on the big companies.

Just going on the recent rise of trend line broken then bounced off it again as resistance.

I had a quick look, and for all the comments form the TA folk I've watched over the years it looks like the price will continue the downtrend.

SMA lines starting to cross downwards too.

[superg1] 24/10/2013 07:31

Bob and co

I think it's just the supplier, finishing off the 'allocation' to sell that day.

VMH explained it best re spread out orders to get average prices.

Every buy 5k in the last 2 minutes and that will have mm's and co all wondering what the ... is going on. :-).

[rovi57] 24/10/2013 00:03

bye bye bob bye bye

[bobsworth] 23/10/2013 23:44

VNH

Ennismore Fund Management Limited need to stop the share price rising but how can they sell when they are short?

Unless they are increasing their short in the belief that bad news is coming!!

Maybe they are getting someone to object to iofina's water rights application!

I must be tired so time for bed.

[rogerbridge] 23/10/2013 22:57

I hope so but every day that goes by, there may be a little tweak of the system to produce more output, so I am not sweating. It will come soon enough.