Iofina Share Discussion Threads

[naphar] 20/12/2013 13:39

Bobsworth, re 13752,

Did you get CAPEX and OPEX muddled up?
I think Bogg1e told you mobile CAPEX is about a fifth of a big plant, not that the OPEX is about a fifth

[simmy1699] 20/12/2013 13:38

Anyways this is dropping again. I see my re-entry being around .60. I managed to get out at 1.30. Missed the cut off that day to buy back at 1.31 but next day it was 90p so thank god. This will rise but there's more dipping to come yet.

[beeezzz] 20/12/2013 13:37

Net...I prefer....It is the season to be jolly lalalala come on sing along.

Ha...The Quo three cord miracle, I prefer "Don't drive my car".

[simmy1699] 20/12/2013 13:35

Ramu. Kinda comes across that you're deramping this. I get a feeling you're a long term holder who Managed to get out but want to double your holding if this drops to the fifties. I like your style.

[2 risky] 20/12/2013 13:29

The sweet smell of success gone to your head netts?

Be magnanimous in victory old son,you may just find folks may respect you a touch more.

Scrut, failed to learn the lesson yet again I see

[jackabite] 20/12/2013 13:26

pmsl dancing? sounds great :)


Can I recommend doing it to the the following!

Get down deeper and down
Down down deeper and down
Down down deeper and down
Get down deeper and down

I want all the world to see
To see you're laughing
And you're laughing at me
I can take it all from you
Again again again again again again again
Deeper and down
Down down deeper and down
Down down deeper and down
Down down deeper and down
Get down deeper and down

I have all the ways you see
To keep you guessing
Stop your messing with me
You'll be back to find your way
Again again again again again again again
Deeper and down
Down down deeper and down
Down down deeper and down
Down down deeper and down
Get down

Get down deeper and down
Down down deeper and down
Down down deeper and down
Get down deeper and down

I have found out you see
I know what you're doing
What you`re doing to me
I'll keep on and say to you
Again again again again again again again
Deeper and down
Down down deeper and down
Down down deeper and down
Down down deeper and down
Get down

[freshvoice] 20/12/2013 13:23

I have 18 filters on one page!!

Is this a record or a record stuck!

[n3tleylucas] 20/12/2013 13:13

CUM ON THEN!!!

[n3tleylucas] 20/12/2013 13:13

You dancing SCRUT?

[n3tleylucas] 20/12/2013 13:12

Hi bob,

You wanna dance?

[scrutable] 20/12/2013 13:12

Bobsworth

don't count your chickens. Their designs are still in progress.

[bobsworth] 20/12/2013 13:10

Bog thanks for that info on mobiles

If Capex is 1/5th ($4/kg) compared to fixed plants and they are a lot cheaper at £400,000ish each, less expensive to install and can produce up to 150mt of Iodine each then lets hope Iofina decide to roll out an army of them in 2014.

[superg1] 20/12/2013 13:08

Naph

Good details there and the key points-:

The first

'If it is determined that one or more criteria have not been proven and the DNRC is unable to modify the application, the DNRC will prepare a draft preliminary determination to deny.'

IOF in the rns said-:

The application will require additional information, primarily with respect to offtake engineering and beneficial use of the water.

On the engineering side 'offtake engineering' considering what we know, surely means the water bureau considers the engineer's plans are not sufficient to withdraw the daily amount for water requested. So all IOF do at the hearing is supply a revised plan with bigger pipes/pump or whatever the engineering design needs to meet the standard. Thus I don't see an engineering fix as an obstacle.

The second part is in relation to beneficial use. Well in relation to use for fracking, that is all legitimate and fits the criteria needed. My theory is that it's something to do with the Hal deal, as that forms the largest part of the beneficial use letters/intent to purchase that IOF have.

If I was asked to bet on it I'd go for the Atlantis water solutions Hal JV as the part that may be confusing the bureau, and needs clarification. I have explained that one before. AWS was registered around Nov 2011 in Delaware and imo at that time as they were moving towards a JV with Hal on water, the AWS registration included Halliburton in the business. The water sales deal was completed before any of that. There was also another registration in a similar name which I think was to do with the JV that never appeared. The Hal deal was in two parts, an up front payment which meant a revenue split on the water, equally, in other words hal go the water at half price, but paid for the depot and all associated costs.

Part two of the deal was a 50% ownership of the Atlantis resource, which is probably what the second registered similar named company was all about. It was something like Atlantis acquisitions corp or LLC, it registered just after AWS and by the same agent that did AWS.

So if it is that, I'm thinking the bureau want to make sure Hal are a customer not a partner. We know that to be true, Hal are not a partner, they are a customer.

I can't think of any other reason, so that is my best guess. We will soon know once the hearing is done, or IOF announce what the queries relate too.

The last part is mentions the DNRC being unable to modify the application.

Well they can't really if they consider the engineers need to change something, or chase beneficial use data on behalf of IOF. So they have raised the issue, set the hearing option in motion and IOF provide the evidence to support the award of the permit, based on the query raised.

If it's anything like what I have mentioned above, then I don't see any problems at all.

We'll just have to wait and see what happens.

But it has not been rejected, just queries raised, IOF then provide supporting info for the permit to be awarded, and bureau make their decision.

The final part is self explanatory-:

If the information provided is adequate, DNRC will create the preliminary determination to grant the application and the application will move to public notice.

[n3tleylucas] 20/12/2013 13:07

SCRUT,

You are f2f with a top boy.

[scrutable] 20/12/2013 13:05

shroder
the Investec note Dec 17 takes the recent RNS and notes where this confirms or modifies their previous report, confirms outlook as largely as expected, and updates financial numbers on a second page by about 2%. If the iodine price were to stay down their forecast share price would be dropped to 190p but the closing of capacity in Chile suggests to them that the price will recover,(as does the BOD)

The note confirms what experienced investors have been saying all along that the future is merely shifted.

It is clear that bad mouthing by short sellers has worked again, panicked the timid, and driven the price down to a ridiculous level. Investec's forward eps of 23p (2014) and 33.7p (2015) makes IOF by a long way the cheapest industrial growth share currently available on the LSE/AIM

[n3tleylucas] 20/12/2013 13:02

77 looks the s/t support Jack, if that breaks 48 is on, but 48 to me is the key, it's the hope/loss level, it's the one.

Words on here are worrups.

[jackabite] 20/12/2013 12:57

:D

me neither, All I would say is the CHARTS looks NASTY and the DOWNTREND looks set to CONTINUE!

[n3tleylucas] 20/12/2013 12:54

not going to discuss graph stuff on here ffs LOL

[n3tleylucas] 20/12/2013 12:53

calling xel to 65 ram atm

[jackabite] 20/12/2013 12:51

Starting to look shakey again..might sit about here till Xmas but it looks like further falls are 100% certain imo

[n3tleylucas] 20/12/2013 12:51

fo you guys LOL

[ramu kumar] 20/12/2013 12:51

N3, off topic which one will you go for now, AGM or GRPH?

[ramu kumar] 20/12/2013 12:48

Maybe a nutter but you made the right calls!