Iofina Share Discussion Threads

[rogerbridge] 02/1/2013 08:51

SG, yes a loss is on the cards, but OCG raised £30 million (overscubscribed) in December as the business is just taking off as the technology is now accepted. Nowhere near as good as IOF, but then, what is!

[superg1] 02/1/2013 08:40

roger

I've had OCG on my list for a few years, so I must some time to have a good look now. Although I thought they were predicting a £10m loss recently.

[superg1] 02/1/2013 08:25

Never too late for a fun tips. If 50p had been on the outcome, then all hell would have broken loose allowing late entries :-)

[rogerbridge] 02/1/2013 08:18

Hi SG, I do not know if it is too late but I will go with OCG. It is not a multi bager,as it has risen by quite a lot last year. It should do O.K.

Contracts just starting to roll in in 2012, many more to come in 2013. Technology converts gas into oil and fracking is one area that will continue to expand.

[superg1] 02/1/2013 08:10

16 so far for the 2013 'comp', I'll put them in the header later.

[superg1] 31/12/2012 10:35

Nick

I hadn't bothered with looking as I thought you may not appear with ATUK

It was to be my punt due to the potential transition to profits in the coming year. More than one is fine.

I won't have time to come up with a serious suggestion, some on my list that I have knowledge of have gone.

I think I'll sit it out, and have some fun reviewing tips, to see what I think will be the top shares.

I could throw in FUM of course but I don't thnk that will have the legs to double or more this year. Maybe 50% plus but they are such a fabulous team at letting everyione down. Tight supply and a team of believers keep it going though.

Pnetol

Are you going of Cyan?

[nick2008] 31/12/2012 06:13

There is another stock - SDI - which I believe is promising, posted a small note on SDI thread. 

[skasher094] 29/12/2012 22:04

stick me in xmas comp sg
long long odds outsider uvel
who have a lovely shopping mall still to offload lol

[che7win] 27/12/2012 12:57

TPL on the move after a Farm-In announced Thursday with Total and CNPC.

I think it is well undervalued, there is a seller (Soros fund) who have been holding it back, but IMHO it has large potential upside with an estimated 27.5 billion barrels to peruse in Tajikistan.

Plenty of strings to its bow with other operations in Kazakstan and Uzbekistan, it is producing around 6000 Bpd.

[mr paul b] 27/12/2012 12:19

Lib if you go to Bao thread there is a link , to a recent interview Ben James done very interesting , he talks about multiple company's interested in a jv .. Mozambique definitely a hot spot a the moment , as you say which is highly important the country wants it to work . They also have IFC on side .

[the librarian] 27/12/2012 10:45

Funnily enough Mr Paul, I have been looking at that one, the transport infrastructure is key of course, lots of jv's, but they do need to get producing. Directors have a sizeable shareholding, the country wants it to work, cheaper coal, it all seems to be in place. Price should double from where it is. TATA may take it out at some point, but who knows? An interesting one to watch!

[mr paul b] 27/12/2012 10:31

Anyone had a look at Bao , a pfs due around feb time , and a couple more resource updates before that too .. Share got a bit carried away with its self and hit 54p but then got heavily sold back down too 7pish .in a much better situation now sitting at 18p and poised for next move up IMHO .

[crazycoops] 27/12/2012 09:10

Proteome Sciences - PRM. This company is a complete basket case on just about every measure that a sane person would use, including a management that over promises and under delivers. However, they are on the brink of making significant progress on Alzheimer's Disease - diagnostic, prognostic and therapeutic. Q1 (possibly even the last few trading days of 2012) should see results of an in vivo study and a major licensing deal on AD. 2013 might also see an agreed takeover bid for the company.

[noli] 27/12/2012 07:07

If i remember right sg there is only 8.5 mill shares in issue, so under valued, and volitile.

I was thinking of picking some up around the 1.05 level but never did and have just been watching it since.

[superg1] 26/12/2012 20:40

That PTO chart throws all the logic of TA out of the window, it doesn't seem to have had a meaningful retrace at all, just a curve up, then the steep rise.

I am curious about the 5k guy though, and the regular slotted in sells of around that amount throughout the rise.

Any trip up and it would be chaos I would imagine, re trying to sell.

[sandbag] 25/12/2012 01:18

For anyone wanting to know more about Noli's choice of PTO got to Tara's PTO board:
Tara is the human equivalent to Marmite, you either love him or you hate him.
Personally I've done quite well with two of his "tips" NTA & WSG. He's extremely bullish on PTO and gives quite a bit of info about the company. However, anyone wanting to buy shares should be aware that they can be in very short supply at times. Today, for instance,I wanted to buy another 2000 shares but could only buy 1000. This means that they can go up quite rapidly but should things turn pear shape they may be difficult to sell.

[d4vow] 24/12/2012 22:54

I was also going to pick QFI so I guess I'll go for QPP.

[rogerbridge] 24/12/2012 21:39

Beat me to it obbig60 I was going to suggest QFI, I will have to look for another.

[rogerbridge] 24/12/2012 21:39

Beat me to it obbig60 I was going to suggest QFI, I will have to look for another.

[obbig60] 24/12/2012 19:05

QFI for me. I've mentioned this before so I'll stick with it. All it needs now to fly is the go-ahead from Maersk. That could arrive any day now.

[bobsworth] 24/12/2012 18:28

MAGP for me SG.

Fracing experts & on track to be involved in 100+ USA shale wells by yr end. Paid on a % commission basis by year end.

Tipped because they have just drilled their 1st vertical well operated by Magnolia and targeting the producing Mississippi Lime formation, Oklahoma, has been drilled to total depth of 5,180 feet, logged and casing has been set to a depth of 5,000 feet.

Further perforations have been made in the Mississippi Lime and the Mississippi Chat and the Company confirms that hydrocarbons have been encountered. Testing is currently underway to determine production capabilities and/or the economic feasibility of further fracturing or stimulation of these zones.

Results imminent!

History to date: In at 1p a yr ago, peaked at 5p, out at 4.75p. Back in 3.75p cos they have now acquired acreage in the the Bakken Forks with plans to drill a lot of wells + Cash rich as well & heading for profits.

[noli] 24/12/2012 18:14

PTO for me SG

[zengas] 24/12/2012 17:49

My picks including -

IOF as per discussion on main thread.

President Energy (PPC) 26p. Argentina, Paraguay, Australia and Louisiana US.
Run by Peter Levine - has near 27% stake and developed Imperial Energy from 25p float and sold just over 3 years later for 1250p.
400+ boepd production. Circa 6.6 mmboe P2 reserves. New oil in place identified and being tested Q2 Argentina. Growing reserves. £70m m/cap and circa £25m cash. Possibly up to 11 wells late Q1/2 and throughout the year.

Heritage Oil (HOIL) 181p. Nigeria, Tanzania, Russia, Malta and elsewhere.
Should be over 11,000 bopd current net production. 460mmbo+ P2 reserves. Circa $300m cash. $500m debt and further $300m+ cash held in escrow re Uganda asset sale and tax dispute. Ramping up Nigerian production alone l/term to 300,000 bopd capability (95k bopd+ net). Current broker valuation is 430p on current production and major upside beyond that.

Trap Oil (TRAP) 16.5p. UK North Sea.
£37m m/cap.
Small reserves base of circa 2-3 mmbo net but only from possibly part of field. Partner has stated reserves are higher.
Has other potential discoveries imo needing further investigation. £8m cash and producing about £1.5m/month. RNS (on 23/12/12) late so not picked up on and looks v cheap.
Circa 1500+ bopd net.
Numerous drilling throughout the year on free carrys and some at part cost on wide exploration base.
Expecting a North Sea gas field acquisition imminently.

Petroneft (PTR) 5p. Russia.
£32m m/cap. 2800 bopd production. 131.7 mmbo P2 reserves. Only producing from 2 out of at least 7 discoveries. Further major reserve upside potential as only parts of extensive licences drilled.
circa $40m debt max and $11m cash - debt being reduced via production.
Expecting production to rise via ongoing drilling circa 6+ wells by mid year and results from 3 shut-in wells having pumps maintenance due back on line mid January. Possible farm-in partner/asset sale in Q1 possible. Beaten down on missed targets earlier in late 2011 - early 2012 so looking for significant recovery. Current broker valuation circa 23p.


3 or 4 others but widely known in the market place. For fun only and dyor.

Merry christmas and happy new year for peace, health and prosperity to everyone.