Iofina Share Discussion Threads

[noli] 12/11/2013 13:37

We have 6 weeks left approx to the end of the year, and a possilbe 3 new plants with news on 1 & 2 for a production update, then IO#3 production/bdp and maybe water news.

[croc8] 12/11/2013 13:33

I'm with you Bogg1e.

[bogg1e] 12/11/2013 13:27

Although I cant be sure, the timing of this incentive is suspicious in a positive sense, the incentive has been awarded as IO3 is coming online but before the wider market has been informed with an official RNS, ie i reckon an IO3 update is literally days away. We shall see of course.

[n3tleylucas] 12/11/2013 13:00

Never mind all that, tell us (them) about Ben Graham...

[n3tleylucas] 12/11/2013 12:48

"I have always been under the impression that people buy shares in order to make money"

[worraps] 12/11/2013 12:45

johncsimpson

"Reality" is different things to different people. Your "reality" is just that...yours, and yours alone. I find it somewhat irksome, when pomposity enters the opinions of some posters, who feel that their view is superior to others, and the only view that holds credibility.

I am not here to get rich quick. I am here, because my research, enhanced by certain diligent posters here, have allowed me to feel secure in putting my money into investing in IOF, and it's board.

As I have already said, I think that the IOF board have already done a wonderful job with this pioneering company, that will change the Iodine industry for ever. They totally deserve, and have earned their options, particularly when receiving such modest salaries.

It is my view, based on my research, and forthcoming production, that the shareprice should be higher than it is. Yes, I am disappointed, but no, I will not be selling. Too much to lose if I do.

I have always been under the impression that people buy shares in order to make money, to show a profit, to enhance their wealth. No other reason. To be disenchanted when the input of one's money shows a decline in value, is a normal human response. Nothing more.

No need to sit on your pomposity stool, is there?

[spike_1] 12/11/2013 12:11

Nice post Johncsimpson!

[n3tleylucas] 12/11/2013 11:36

Options at this level are effectively in lieu of (a proper) salary.

Now, as pi's we'd like them out-of-the-money to provide/provoke genuine incentive.

The fact they are basically on-the-money does irk somewhat.

[johncsimpson] 12/11/2013 11:31

Incentive schemes in the form of share options exist – end of. Whether they should or not is a different debate.

But seeing as how many other Aim companies have BoDs on ludicrous salaries who constantly beaver away, awarding themselves share options, I don't think there is any room to quibble at these IOF awards.

Those here who are expecting to 'get rich' right away, need to get a grip on reality. Just sticking some of your hard earned cash into a share is no guarantee that you will get any return at all never mind overnight. I sometimes wonder if some of the dissenting voices on here do any research for themselves at all.

I put a link up on another thread re Co2 and how it would (and is) revolutionising the entire fracking industry going forward. Who would have thought five years ago that come 2013 the American Government would be giving tax breaks and incentives to companies who could actually PRODUCE and store Co2 to in order to help release oil from residual fields instead of concentrating on imposing penalties on those who release Co2 into the atmosphere etc.

In medieval times, at whatever passed as 'Come dine with me', your stature amongst the assembled hierarchy depended on whether you were 'above or below the salt', such was its worth. Lesser mortals were not privy to said commodity.

Oh how things have changed.

So it will be with oil and gas. Saudi Arabia and all those other OPEC members are slowly losing their stranglehold on the West. In the next 3 years (if not sooner), America will be producing more oil than the rest of the world currently produces.

Iofina hardly mention they have c 300,000 acres in Montana alone (2011 figure) and they're sitting on quite a lot of both.

[superg1] 12/11/2013 11:25

Here is one I've been tracking as they seem to be on a big expansion and efficiency drive in ND with some acreage in Montana too.



Note the Nov 6th presenation.

Oasis are all about driving efficiency. A strategy they are following includes pipelines for oil, gas and brine some 3rd party, some owned.

No mention of the freshwater until you look closer.

Recently they have advertised for an operation manager and other posts for an intended Midstream services division.

Some adverts cover experience required-:


Manager will continue to develop the Oasis midstream assets, primarily SWD gathering systems, fresh water gathering systems, natural gas gathering systems and crude oil gathering systems as the Company's needs expand -



Well if they have gone pipelines for everything else, it seems pipelines will follow for freshwater. Pipelines save trucking costs and it's an aspect that has been largely absent it seems during the initial boom, but Oasis look to be going entirely down that route.

First things first, for any pipeline you need to get your rights of way, and it's not too difficult to track those applications if you know where to look.

So it will be interesting to see what those guys do, and where the string (ROW apps) leads. Judging by their current recent acquisitions and future plans, they will need a lot of fresh water.

[titus10] 12/11/2013 11:12

SG
fwiw, on last reported results the Quick Ratio - a measure of a company's short-term liquidity, i.e. its ability to repay its immediate creditors - slumped.

This is unusual with exploration/production oil cos., which are of course usually adequately capitalised, being, initially at least, loss-making enterprises.

Wondering about such things is more your scene than mine. It did gap down a while after the last AGM, which FAIK may be connected. That gap on the chart looks about to be filled, which might indicate that whatever was wrong is rectified, I suppose.

Their website looks normal enough - usual propaganda.

[worraps] 12/11/2013 11:04

Thanks, superg. Countdown noted.

[superg1] 12/11/2013 10:55

Worraps

re

'I'm sticking to my intuitive 'illogical' feeling, that there is no imminent good news RNS's in the wings'

So io3 on receiving brine and producing is not seen as good news.

Io1/2 production news which should be the highest yet.

My guess is that some of that will be seen as good news, but technically it's not news as IOF have already announced that io2 has increased production due to the extra brine.

They have already made announcements that io3 is ready to roll with brine supply being signed off.


That is also an assumption that IOF know all potential news, one could argue the water permit could be new news, but is it, as they have given a timeline for it to appear and they have never used IF yet.

But that assumes IOF are up to date re the position of the permit. IOF keep saying they want to focus on iodine, and clearly recent developments will be all focussed on that.

While they concentrate on their core business, I and others, look elsewhere...7

[the librarian] 12/11/2013 10:34

I was looking at Scrutables comment re the 17p sp, I wouldn't have bought then because the risks were so high, made the same decision at 30p. The big plants and the tech working were the game changer here, then the 'purchase' of the IO2 site right in Toyota's back yard.

I didn't realise that the patents were thrown in for good measure, that was a bit of a coup. If anyone did go in and 'grab' the leases what would be the point, it's too late?

The market is the mm's and II's, with PI's coming in somewhere way down in the food chain. I suppose the PI's are the ones that are a target for all of the moneymakers, but even Buffet was getting it wrong until he was educated in the fundamental research, buy and hold strategy by his partner.

I have never liked the link with Investec, they have made it obvious they don't like PI's and have made a good amount of money off their mm arm, I hope it will all change from here.

Glad to see your frustration is with the market worraps, but PI's are part of that too and trading the share, which of course hits us all one way or another, so we all contribute to the fluctuations that occur.

Not you though, it's mens fault :-) (tongue in cheek)

[n3tleylucas] 12/11/2013 10:27

"I need to sell a few, I've got some house renovations to pay for in a month or two"

That's what bank deposit accounts are for, rainy days.

Not AIM stocks.

[worraps] 12/11/2013 10:19

jamonit....yes, I'm sticking to my intuitive 'illogical' feeling, that there is no imminent good news RNS's in the wings.....and I hope I am very much wrong! As you may have gathered.....I'm cheesed off with being in the 160p range. I want to see the back of it! I need to sell a few, I've got some house renovations to pay for in a month or two, and will be holding on to my core holding until the takeover, which I reckon will be no longer than two years.

[worraps] 12/11/2013 10:11

Lib.....Yes, my logic must seem strange at times, I agree. You are talking about the longer term objectives, that would incentivise the board and the gain to be had from the options. I am talking purely in the short term, and what is seen as 'bad form', which wouldn't cause me any offence in any case, as I couldn't give a toss when the good news comes, as long as it does come, and soon!

Of course the board will be pulling out all the stops to succeed. I have no doubt about that. I think they have performed wonders already. Delays are inevitable where ground breaking techniques are being developed.

My frustration is with the market, and how they perceive IOF. I'm just fed up to the eyeballs with the shareprice being where it is. Five months since the dive, and we're still down in the pits. The comments about how far we've come, are irrelevent at this stage. You can apply that hypothesis to hundreds of successful companies. It's what is happening now, that counts.

[superg1] 12/11/2013 09:51

Lib

FUM will be fine I'm sure, but years of gathering dust on jackets didn't have them with their PR at it's sharpest.

The actual potential hasn't changed, just a few investors passing on opinions by selling.

Supreme good points, and of course these options are worthless if they don't deliver.

Am I allowed to mention AVANTI :-)

At one point they had 10's of £millions, in shares locked into an employee benefit scheme. I dig some digging re which employees benefitted, it wasn't many, if you get my drift.

Employee benefit schemes were tax free, and a chunk were sold near the highs, a few days before the tax loophole was closed, I forget the BS reason in the rns.

IMO (ADVFN T and C) it didn't smell right.

[the librarian] 12/11/2013 09:43

I would say that you are correct iofra, why CF was granted them could be because of the very low salary that he is on.

worraps, your logic eludes me, with the options the onus is on the guys to perform, obviously we can't see their contracts but there must be targets to meet which makes the options exercisable... they will be pulling out all the stops to succeed I would think.

[iofra] 12/11/2013 09:35

The options were probably part of the employment contract hence the price being set at joining date.

[worraps] 12/11/2013 09:30

The granting of options just before a good news announcement that would make the shareprice go up, would surely look like 'bad form', wouldn't it?

To me, (and I hope I am wrong), the fact that the options have been granted now, indicates that there is no good news that is imminent.

Let's hope I am being naive!

[the librarian] 12/11/2013 09:30

Don't mention FUM :-).

Damned if they do anything at the moment, I don't know when they can have opportunities to buy considering all of the information that they are probably sitting on at the moment? Now they will be very interested in the share price and are in a similar boat to PI's, I'm happy with that.

[scrutable] 12/11/2013 09:19

Festario 12 Nov'13 - 00:37 - 10900

The clue to the share price fall was when comparisons with ASOS were flying around eh?
Indeed Scrutable has much to answer for......................................

Indeed I answer for extolling this share as long as Graham has done ,since around 30p

I don't recant one iota comparing IOF with ASOS. It's still valid, (and will be more so during 2014) that the IOF share price is rising faster than did the share price of ASOS. The four month retracement satisfies the usual Fibonacci 40% despite the unusual circumstances connected with Lance. The retracement could have been expected last Summer on other grounds eg IO#3 delays.

Timing of when you buy is absolutely your reponsibility. You seem to expect to be spoon fed. Don't misquote me I never ever suggested PIs buy at 240p. I buy low and try to sell high on principle - unlike the lemmings, who scamper the other way round.

It remains true that IOF has moved up from 17p at 20 Oct 2010 to 160p today in 3 years and was a good buy at 240p but obviously a much better one today. Even after the bear raids of 2013 it can be seen to have moved to today's 160p faster than did ASOS over the same price range. ASOS too experienced a savage setback when the share price fell in eight weeks from 420p on Sept 1 2008 to 201p on Oct 27.

Sods Law. It will happen again. Don't squeal that I did not advise you when it happens again