Iofina Share Discussion Threads

[ramu kumar] 20/12/2013 22:55

dig, if I'm not invested I wouldn't bother posting. Losses in six figures but still believe in the technology, potential and growth. If I did not have young children, I'll go there myself and build the plants - I'm a civil engineer but mainly on bridges.

You're right - I've lost confidence and trying to get the BOD moving. Not impressed with any of them especially the CEO. Not being ageist but recruit a 62 year old to run a dynamic company - are the BOD still in the 18th century in the backwaters of southern USA?

[naphar] 20/12/2013 22:54

Ramu, thanks for the reply.

You and I differ slightly I think, although we are both down a huge amount on our investment compared to even a week ago, so have that in common.

We differ because whilst we are both currently mis-trusting of company forecasts, I am willing to believe them when they say something has happened. I think your current level of mistrust may stop you believing even company statements saying x y or z is done. But perhaps I have mis-understood you.

Yes the company are now under scrutiny. I believe they need to give us regular short news updates, with no waffle, keeping to facts, making sure they cannot be mis-interpreted. These should cover milestone topics such as IO4 towers delivery to site, IO4 has commissioning completion, IO4 testing completion, IO4 sign off by the operator with regular brine flow, x weeks running since optimisation and averaging z mt per day since optimisation. Same for IO5. An RNS telling is the delayed derivatives shipment has been shipped and revenue booked.

Will we get that? I don't know. I think each RNS costs them money, and I don't know how much, but I think it would probably be worth the cost. Of the promises are being kept and they get announces bit by bit, the market should start to find trust in the current management and so should we as part of that market.

That's how I see it anyway.

[ramsey11] 20/12/2013 22:46

Jackatit....maybe u should start drinking.....U were in tears the other day when people got on the lse GDL thread...You've made ya point Enjoy ya 13th bday

[diggulden] 20/12/2013 22:41

Ramu, are you still invested? Sounds like you have lost all confidence?

[ramu kumar] 20/12/2013 22:36

sandbag, I did not accuse the posters you came across, however SG disappeared and had the temerity to comment about IOF in the Hawk thread instead of replying in the thread he started which pumped iodine, water, helium etc. etc.

The only thing we poor investors realised was the gas of no value from SG!

[ramu kumar] 20/12/2013 22:25

Naphar, company rns is like bible but in IOF's case it is suspect because none of the previous rns materialised. Furthermore, Che's conversation with the FD is so upbeat but the rns is exactly opposite - what do we trust?

I'm not sure we can trust anything coming from IOF unless it's ratified by a court of law which you and I know is not practical. Therefore, we challenge the BOD as a group of significant PIs that were misled by the BOD using SG as a stooge.

This will be a very long process but in the interim it WILL STOP the nudges, winks etc. that hyped this share grossly beyond fundamentals.

Re your questions about inventory and delayed shipment - what is the value and when it will be shipped, not heresay from Che or Matrix - not practical but we're talking $4m and stockpiling, so an official statement confirming this shipment is welcomed.

Naphar, this company is no longer under the radar, it is under the microscope and everything is going to be scrutinized - it will affect their share price short term but it is a darn sight better than the multibag we were all expecting from Superpooh posts.

[freshvoice] 20/12/2013 22:14

Ramu
Why is it that those who disagree with the board are happy and polite when they are making money but descend in language when they are losing.

No one made you buy more than you can afford to lose?

[ammons] 20/12/2013 22:04

ram stop making a fool of yourself.

[naphar] 20/12/2013 22:02

Yes, clearly they could have been photoshopped. But they are the best we have until we get an RNS that they are built.

What about my other questions? You want serious debate on facts. I think we all do. But what do you take to be fact?

That is not a trick question! As far as I am concerned the only thing we can take as fact is when it comes from the company. But you made this comment:
"Can we stick to facts like do we have confirmation that the inventory will be shipped in Q1 2014, progress on water application, optimisation of IO3 and build progress on IO4/5."

So what confirmation are you asking for? What do you accept as fact? Is a company RNS good enough or not?

Added: because obviously we have had no RNS info on progress since Tuesday, so we have no confirmation on the 3 points you raise. Or do you take something else as confirmation?

[ramu kumar] 20/12/2013 21:53

naphar,

Have you heard of software called Photoshop? Anything is possible - I can put you together with any girl you like - Mrs Brown, Dame Edna Everage etc.

Lib, why should I delete something I posted much earlier to your rant? However, I'm immensely pleased to note you have nothing else to say and you are your OWN spokeperson. Lib - I'm afraid the jury is still out on that one!

[the librarian] 20/12/2013 21:44

Maybe you had better go back and delete it then.


ramu kumar
20 Dec'13 - 20:09 - 13819 of 13826 2 0


If you think something dodgy is going on, check out retiree's posts - everything deleted.

and no I have not been drinking and have nothing else to say to you

[naphar] 20/12/2013 21:43

Ramu,

this is a serious question. What would you classify as confirmation that the delayed shipment will be shipped in Q1?

On IO4-5 have you see the pics on the website? They are the best we have to show us how build is progressing, clearly missing the towers. I do not think we will get any additional facts on that until they are built.

And on the water, I think many of us know where to look, to get info before the company give it to us. The Montana website tells us when the application status changes. I would expect it to be different next time to stop IOF being caught out, but you never know.

[ramu kumar] 20/12/2013 21:40

Lib, my last post which was 10 minutes before your reply and did NOT mention ANYTHING about retiree. You drunk and dutch courage and all that....

Grow a pair and stop being SG's stooge!

[the librarian] 20/12/2013 21:36

I want to stick to IOF business, you are now having a go at retiree, I am my own spokesperson thank you but will speak up when someone has overdone their point... and you have. Everyone is totally aware of how you feel, now leave it at that please and 'stick to the facts'.

[ramu kumar] 20/12/2013 21:26

Lib, are you the spokesperson for SG?

My post was crystal clear - no vendetta amongst posters. Just want IOF board of directors NOT to use idiots like SG to hype a share.

Can we stick to facts like do we have confirmation that the inventory will be shipped in Q1 2014, progress on water application, optimisation of IO3 and build progress on IO4/5.

I will be grateful if you will kindly stick to IOF business, thanks.

[the librarian] 20/12/2013 21:16

What the hell are you on about ramu? We have all lost money and you have just posted this 'Can all of you put aside your grudges and reconcile your differences.' and then carry on with your vendetta. You are not the only one you know, bloody well dig in and earn it back like the rest of us are looking to do.

[mail2] 20/12/2013 21:07

ramu kumar

excellent post. really brought it home to me the amount of cr^p on these sites.

WARNING READ ALL POSTS WITH CARE. post 13822 see if it vanishes.

[ramu kumar] 20/12/2013 20:39

Writz, I doubt you'll get any reply from anybody. At the mention of FSA, not a squeak in almost an hour! Just goes to show that these BB's are full of paid rampers etc.

[writz] 20/12/2013 20:31

Hi SG. Ealier you mentioned a document/source that listed reasons for rejections on water applications. Any chance of a URL? That would be useful information. Many thanks.

[ramu kumar] 20/12/2013 20:09

If you think something dodgy is going on, check out retiree's posts - everything deleted.

[ramu kumar] 20/12/2013 20:06

Oh SG, do not bother deleting or changing your posts - I've archived everything.

[woodpeckers] 20/12/2013 20:04

I also have many posters here on filter and am pleased to see that they are getting less "thumbs down" signals which shows that they are mainly being filtered so hopefully they will see that they are wasting their time, give up and find a new home.

Pleased to see a blue day here at last, even if it was only turquoise.

[nevmyers] 20/12/2013 19:13

Decent day, seems to have settled down a bit, Im happy either way now, if they go back up great, if they go down again I will buy more, just need the rest of the shorters and derampers to get fed up and clear off now and we can get back to normal, bound to be quite on the stock market now next week with xmas in the way, lets wait and see what 2014 holds for IOF.

GLA