Iofina Share Discussion Threads

[urbanyeti] 05/6/2013 08:29

Anyone know why the price is showing at 241 when all trades for last 20 min have been above that both buy & sells?

[pwcarnall] 05/6/2013 08:23

From memory didnt you pick atuk sg?

[ijpax] 05/6/2013 08:21

Regarding t/o, at least we are in a position, thanks to the massive research done by many, to realise what Iofina is worth. So any offer can be evaluated. (And rejected if below £30!!)

[superg1] 05/6/2013 08:19

Che

Weil resources will want it, but Linde, air gas and others are on the hunt for commercial helium to.

Helium was never a market due to that US helium reserve. The US emergency measures to keep the reserve open, was down to the fact that private industry hadn't bothered with helium due to the US cheap supply.

They have extended the supply for 2 years to allow industry to catch up. If they closed it, there would be huge shortages and massive price gains.

The chosen few that can but from the helium reserve, do so, then mark up the price significantly and sell it on.

Just two I know of realised what was coming and have been on the hunt for Helium in the US (Weil and Spyglass).

Linde signed a memo of understanding with Gazprom recently, but that doesn't kick in until 2018.

Even with gazproms vast fields the saturations they have are .2% to .8%, which is below what Weil say is under IOF's acreage.

It's a handy extra, where I presume the rights for Helium will simply be sold on.

[jonnyno1] 05/6/2013 08:17

even though we are a poewrful group of pi's i dont think our decison one way or another will have much effect on whether an offer if one even materialises succeeds or not.

j.

[ansana] 05/6/2013 08:13

I do not want to reignite the discussion on a t/o but its worth pointing out that because many are overloaded or perhaps completely in IOF that when/if a very attractive offer for IOF comes in many will feel inclined to accept it.

[jbe81] 05/6/2013 08:10

Scrutable, you would have made a good return on aaz since my post, for safe play, 30,000m of drilling results due this months, should see a big increase

[che7win] 05/6/2013 08:07

A known unknown with helium mentioned:

Interest in the deep Bakken potential under our acreage position in Montana remains available to interested parties. There have been recent new oil field discoveries and a helium find in adjacent acreage. The Group is working hard on monetizing our assets in Montana.

[superg1] 05/6/2013 08:04

Engelo

I agree on risk. Yes all advice supports going into a spread of shares to reduce risk.

However having seen what the experts say about certain shares, they are completely clueless on many of them, with assessments way off what a particular company is all about. So what good is their advice, to spread risk over shares they know little about.

I suggest that's why many have been caught out and lost significant amounts as they have put trust in 'expert' opinion, instead of doing their own research.

For me I look at some supposed hot prospects and I'd be terrified to invest any great amount in them.

Just take the IOF tips list that was, the vast majority were down with one near 90% down. So if the spread had been across those then all IOF gains would have been gone. Some however were said to be high risk punts. Others are considered solid investments.

How many feel safe, driving a car, pulling out of a junction, trusting passengers to tell you if anything is coming. I suggest habit, human nature, and fear causes a driver to look.

Yet when it comes to investing, some seem to trust what is said, by 'experts' and blindly pull out of the junction with no idea of what is going to happen.

Chances are if you do that 10 times you are going to get hit and hurt badly on a few occasions.

If you concentrate completely and just have to negotiate one junction, your odds of survival are near 100%.

No-one can guard against the helicopter dropping on you, unseen from above.

That's why I dig, it may seem obsessive, but it has proved to be successful a number of times in recent years.

Interestingly (it's not a gloat) all shares I wanted to pick in the tips list, that I have followed for a few years, are up. IOF which we all wanted to pick, as far as I know, has the biggest gains.

[che7win] 05/6/2013 08:01

It's like being in a sweetee shop for me, I know you guys have all stated this, but great to see it all in writing, and a hint that this is turning into another terrific year.

[che7win] 05/6/2013 07:57

Retiree,
Annual report 2012 here

http://www.iofina.com/investors/financial-results

This is it:

http://www.iofina.com/perch/resources/Iofina_plc_-_2012_Annual_Report.pdf

[che7win] 05/6/2013 07:56

Atlantis Water Project
The Board is also looking forward to developments in commercialising our fresh water resource. We were for much of 2012 in extensive, active negotiations with a potential partner until our decision to withdraw from the envisaged joint venture. Plans are now at an advanced stage, currently on a stand-alone basis, to deliver water to the fracking industry in Montana and North Dakota. Sites and letters of intent are in place for water sales use, thereby allowing for the lodging of the water permit application. The Atlantis Water Project represents a significant opportunity for the Group. Receipt of the permit is anticipated in Q3 2013. Some three years of hard endeavour have been put into this project to deliver circa 200,000 barrels/day of water for industrial use.

[che7win] 05/6/2013 07:45

Iofina Chemical Review
Iofina's entry into the iodine chemical derivatives markets with our strong product offering is proving to be a very successful strategy. In 2012, Iofina Chemical continued its strong year-over-year growth with record sales and profits. A strong second half of 2012 helped to boost these results, with Iodine product sales up over 49% year on year, and this performance has continued in early 2013. Improved sourcing efforts have directly benefitted these results, particularly the global sourcing of alternative iodine streams. Continued sales expansion worldwide has resulted in new markets for Iofina's iodine derivatives. We continue to develop new relationships and strengthen our cooperation with existing customers. R&D efforts remain strong, and the development of new, high-value products put us on a positive path forward.

[che7win] 05/6/2013 07:43

Nice:

We have modified our business plan to focus on targeted geographic regions where the Board sees many plants being built, operated more efficiently, and producing more favourable economics. By moving IO#3 we will have a higher production rate due to a higher temperature from direct well supply. In addition, such is the confidence in our technology, we are finalising the design of smaller mobile satellite IOsorbTM units to deploy where we have lower brine throughputs but high iodine concentrations. These units will deliver iodine intermediately that will then be processed at the nearby larger plants such as IO#1 and IO#2. Specific project teams have been set up to manage the rollout of additional plants and the mobile units. Iofina has in place a broad depth of experienced personnel who have learned greatly from the IO#1 and IO#2 plants and will lead these efforts.

[madchick] 05/6/2013 07:28

I see that the location of the AGM has now been confirmed by RNS - starts at 1030 as in original RNS and NOT at 1000 as in my email.

[noli] 05/6/2013 06:57

To follow on from sg's post, i like this comment i recieved.

Iofina Chemical are continually pursuing new iodine-based products, as well as expanding production of existing products to keep up with the excessive supply of iodine from Iofina Resources.

If they already have excessive supply, once IO#3 & 4 are running in the next 8 weeks things will get very busy at ioc.

[engelo] 05/6/2013 01:02

Scrutable: thanks for your 921 on mitigation of risk.

As a start lets agree that for investments of similar risk/reward it is safer to spread your money across say 6 holdings rather than 1. Also it's straightforward to go overweight in those which you judge to have better prospects than the rest, and underweight in those which are more chancy than the rest.

So far so good. Then IOF comes along, where the low risk and potentially high rewards (and imv their predictability) put all the others in the shade. My rough rules limiting size of individual holding and % of portfolio I have simply thrown overboard. Your own portfolio which you generously disclosed has a very logical structure, but those of us with less ability to generate quality investment ideas may be tempted to swallow the IOF risk and go IOF only.

Supposing that you have a £100k 'portfolio' and it's all in IOF. I don't see how the risk can be reduced by other holdings unless they are of similar weight, so you suddenly need to find £500 k insurance money  Surely taking out £10k or £50k and putting it into higher risk shares like OXB or GDP actually increases overall risk, and taking out £10k/50k and putting it into blue chips reduces your potential reward.

I don't think in this case there's any scientific answer: we just have to do what we feel comfortable with.

[diggulden] 04/6/2013 23:40

Agreed Bobsworth, Sept will be the interesting one.

[bobsworth] 04/6/2013 23:36

Bearing in mind whats to come then superg1 Iam just pleased the shareprice has allowed us to top up at a bargin price.

The release of 2013 interims could well be the trigger for the shareprice as the market realises what is to come.

[diggulden] 04/6/2013 23:33

I would be quite happy for this to stay in the 220-245 range for another month or so. We have risen a long way since beginning of January. Build a solid base at these levels, then the next rise will be more likely sustainable with less volatility, one can hope.

[superg1] 04/6/2013 23:09

On plants and the roll out, now we have indications of where they are going, I'd say the first 10 to 12 plants will all do over 400mt if they are near 30k bpd each on the roll out. What if some can do 500 or 600 mt.

The plan is up to 6 by the year end so if all goes well we should hit 10 within 12 months. 4000mt plus potentially. A production rate rate 11 mt per day, over $4.5m revenue per week at current prices.

Just wait and see what the results are when they get io2 up to 30k bpd :-). Then just wait and see what io3 can do.

I don't recall anyone mentioning these lines from the year end results.

Iofina Chemical continued its strong year-over-year growth with record sales and profits. A strong second half of 2012 helped to boost these results, with Iodine product sales up over 49% year on year, and this performance has continued in early 2013

Group profitability has increased substantially with increased production from the IO#1 and IO#2 in 2013.

Although they make those strong statements, they are nothing compared to what will come in H1 2014

[superg1] 04/6/2013 22:38

Back on the short subject. It provides a good churn point as without it the price would have taken off.

Judging by comments preceding a short attack a few weeks back ,they have not one clue about IOF.

When io2 and 3 hit 400 and 500 mt each it will come as a bit of a shock, but hey ho we've been saying it for long enough. The math is simple.

bpd/7000 x ppm = Kg per day. The crucial part is the ppm and if you do your homework you will realise why IOF quote sites of 450mt plus. Those comments were made before they considered plants larger than 30k bpd.

One note has io3 at a generic 125mt, a well placed pod can do near double that.

Iof have given enough advance warning of changing the iodine map, and becoming a world leader in iodine production.

Those that wander in blindly making assumptions of it being a momentum play, have made the wrong call. Liquidity is welcome under the circs, and it has handed a lot of shares to investors that would otherwise have paid quite a bit more for them.

The countdown is on to significant news just weeks away. The longer they hold the price back for the rest of us to top up, the better.