Iofina Share Discussion Threads

[bobbyshilling] 11/11/2013 13:34

worraps, they did rns io3 upon commissioning. It is probably producing as we speak, but I suspect production is not yet stabilised enough so they can rns numbers, if indeed they choose to give out numbers at this stage.

[worraps] 11/11/2013 13:27

johncsimpson

I agree with all you say. IOF said at the PI presentation that each new plant would be RNS'd. IO3 should not only be fully commissioned by now, but producing. IO4, as you say, not long after. That is why I am beginning to find the silence deafening. We should have had confirmation of IO3 by now, by my reckoning.

[neddo] 11/11/2013 13:25

like I said I am no gentleman

[johncsimpson] 11/11/2013 13:14

Just to remind those of you disappointed with the current price of the following from an Iofina release of June 25, 2013 . . .

Iofina is currently working with several of the area's largest producers and continues to expand its presence. The Company currently has two plants producing iodine, one in the Mississippi Lime and construction has commenced on IO#3. Construction of IO#4 is expected to be completed circa 30 days after IO#3. The Company plans to have a total of five IOsorb™ plants operating in the Mississippi Lime by year end with growth beyond that anticipated throughout the coming years.

So if I03 was 'handed over' as per the Operational Update of 9 October 2013 where . . .

Iofina, specialists in the exploration and production of iodine and iodine specialty chemical derivatives, is pleased to report that construction of the IO#3 production plant is currently being finalized and commissioning procedures will begin next week. Full scale production at the plant is expected to begin shortly thereafter.

. . . indeed, we are now circa 30 days after I03 and can assume that I04 is currently being finalised. If the same commissioning time is needed, (as per the RNS of 31 October 2013) we are circa 3 weeks away from that.

Further, using the same time frames, construction of I05 could now be underway so the likelihood of all five plants being up and running by year end is more likely than not. And, I06 may well be being 'added' to I02 in this same time period.

[titus10] 11/11/2013 12:09

This thread has now settled back into reasoned, sensible, informed exploration of the realities and unbiased explanations by intelligent posters. share price projections into the stratosphere are notable by their absence latterly and anxiety is being balanced by rationality. I take this as a good sign in it's own right.

Perhaps this somewhat eccentric, lively AIM security is transitioning now from adolescence, as bocker01 seems to suggest.

SG1's masterful piece on funds activity is also timely, imo.

IOF is still small enough for the share price to be influenced - in the short-term at least - by PI action based on 'news', but during periods of share price 'consolidation' , like now, there is often share transfer from 'weak hands' (PI) to 'strong hands (II) as the former quail and the latter accumulate.

In the shorter term, price can get pushed around by pro position traders, who know how to disturb nervous PIs enough to plunder them. Such activity often shows as a 'false break' on price charts and many of us are caught that way. [Edit: Effectively, PI buys the resistance break-out, the pro trader then shorts to shake him/her out (OMG, I was wrong!)]. The mm's 'tree shake' does much the same, for the II's benefit.

Right now, price is in the middle of its oscillation around 1.60 or thereabouts. My TA system says that's likely to be resolved to the upside, on an intermediate-term view.

That doesn't preclude it from continuing to oscillate, for now. If the institutional forces at play decide it's worth accumulating, price may be depressed for that purpose, but it would take a sustained break below the 1.40 area to alter the Intermediate Term outlook, imo.

P.S. Thanks johncsimpson - it works!

[worraps] 11/11/2013 12:05

Being unhappy about a shareprice isn't necessarily a good motive for selling......

[n3tleylucas] 11/11/2013 12:05

Take a leaf out of Bogg1e's book neddo, always the perfect gentleman.

[the fat controller] 11/11/2013 12:00

worraps,

Never quite understood the "under the radar" thing myself. Particularly when its coupled with concerns of a cheap takeover before we are established. I have always said that the best protection against cheap takeover would be a higher share price. How do we get a higher share price? By clearly demonstrating potential, by opening up production rates etc. I dont see that this information compromises ongoing lease negotiations.

But all investors have two options; hold or sell. If you are not happy....

TFC

[worraps] 11/11/2013 11:41

The Fat Controller......not by me, I can assure you! I was replying in the same vein as the post I was replying to. I'm fed up with smoke and mirrors, under the radar, The Ping, and nudges and winks. I just want it all out in the open so I can make some money, instead of losing it.

[neddo] 11/11/2013 11:40

braggart? you should know about people not liking you, I am a success story , unlike your shorter self , what a loser and clown.

[neddo] 11/11/2013 11:40

braggart? you should know about people not liking you, I am a success story , unlike your shorter self , what a loser and clown.

[the fat controller] 11/11/2013 11:17

worraps,
Very smoke and mirrors!
Am enigma wrapped up in a riddle?
TFC

[worraps] 11/11/2013 11:12

superg......maybe.....maybe not. No-one knows, it's just speculation, and the airing of possibilities it seems.

[n3tleylucas] 11/11/2013 11:11

Nobody likes a braggart neddo, especially if they're under.

[nixonpaul] 11/11/2013 11:03

Cheers Worraps

This time next year,,,,,,,,,,,,,,

[neddo] 11/11/2013 10:50

well I am a 6.5 bagger , but still disappointed, so come on iof pull your finger out, lots of good guys out of pocket ,

[superg1] 11/11/2013 10:40

Worraps

Re funds.

Who says there aren't new funds running the slide rule over it right now.

I recall Lance saying at the first presentation, that some funds buy after the first presentation and with some it takes 4 presentations.

I know of the odd one or two names from the past that seem to have been involved in the recent presentation.

They are not like us, and run out and buy, they do their DD, look at the market, and various other things before they dip their toe in. New funds will come and no doubt old funds will go.

For the shares I've tracked fund volumes go up, mainly due to as supply being available post decision to buy, otherwise they'll sit on the bid, waiting for sellers to supply them.

On the big mover shares, short supply of shares. It's mainly PIs that are the buyers that cause the big moves, not funds.

Funds and those better connected, often do the back door work.

The visible ones we call an mm tree shake. Behind the scenes the phone calls go in looking for any loose stock or any they can prise from someone else.

So when you see a share with lots of volume dropping into the unknown trade column, with little price movement in comparison, it's usually one fund or client, taking them off another in the background.

Funds have patience, and buy over long periods. Some wait for further evidence of delivery. Others simply won't, or can't buy AIM stock.

[worraps] 11/11/2013 10:35

nixonpaul......you have my sympathies! I too, despite topping up at the recent low price, am greatly underwater still. I think there are many of us in the same boat. (Excuse the pun).

[worraps] 11/11/2013 10:33

bocker01

Thanks, you obviously have your feet on the ground. I'm beginning to realise that a shareprice that I thought was fair value at the time, was obviously ahead of itself, perhaps due to too much excitement about the prospects. We can only hope that some sort of confirmation of numbers that can be believed by the market, isn't too far away. Your prediction of that coming about next year, not this year, is perhaps another factor in the shareprice depression of late.

[nixonpaul] 11/11/2013 10:24

You're worried?
I'm 200K under water!!