![](/cdn/assets/images/search/clock.png)
We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Iofina Plc | LSE:IOF | London | Ordinary Share | GB00B2QL5C79 | ORD 1P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.25 | -1.09% | 22.75 | 22.50 | 23.00 | 23.00 | 22.75 | 23.00 | 133,698 | 14:40:56 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Offices-holdng Companies,nec | 42.2M | 7.87M | 0.0410 | 5.55 | 44.13M |
Date | Subject | Author | Discuss |
---|---|---|---|
29/1/2014 07:37 | Iofina gives upbeat progress report January 29 2014, 7:24am Iofina (LON:IOF) said construction of its new iodine plants is progressing to plan, leaving it on course to hit production targets for 2014. The group, which extracts the element from brine taken from onshore oil and gas fields in the US, said its IO#4 and IO#5 plants will be built and handed over by the contractor next month. After that, "start-up activities" will commence. Work on IO#6 is underway. The bitter winter conditions appear to have had little impact on construction or production. Output and volumes remain consistent from producing plants IO#2 and IO#3, Iofina said. However the firm is working with field operator supplying brine to IO#3, where significant fracking and drilling activity is affecting overall iodine production levels. "The increased drilling is a positive indication of the operator's view to continue expansion and the company expects newly drilled wells to be tied into existing and planned locations potentially increasing brine volumes," Iofina told investors. The group said was "encouraged" by its first external raw iodine sales in January and will continue to market the product externally as production increases from new plants. January sales are as planned and order activity is promising, it added. Chief executive George Lantz said: "The board is encouraged by today's update. "Against a backdrop of severe weather, the construction of IO#4 and IO#5, located in Oklahoma, are progressing well. "We look forward to steadily increasing production as additional plants continue to come on line and we look forward to updating the market on production levels on a quarterly basis. "Management continues to expect iodine production during 2014 to be on plan." | ![]() captain_kurt | |
29/1/2014 07:35 | N3 isn't it already price in down from 1.80p to 81p (However incoming brine volumes have been affected recently due to the Operator's significant fracking and drilling activity in the area, which is affecting overall iodine production levels.) | ![]() monet | |
29/1/2014 07:34 | Nice for the bears to highlight the positive impact of more brine. I guess the no iodine sales is behind them now Lmao | hurricane. | |
29/1/2014 07:32 | This which N3 points out will effect us going forward, the wells have to be shut for safety reasons if the wells are connected to the near by plant, its not bad news its good news as it means more brine flow once the well has been drilled. However incoming brine volumes have been affected recently due to the Operator's significant fracking and drilling activity in the area, which is affecting overall iodine production levels. Edit, brine flow will only be affected while drilling is ongoing, it not a big issue as some are making out. | ![]() noli | |
29/1/2014 07:30 | You see what they've done is hide a big production warning in the middle of the usual. | n3tleylucas | |
29/1/2014 07:29 | It was a nice update, until I read the problem with "Operator's significant fracking and drilling activity in the area.." "Which is affecting overall iodine production levels." So, IOF Shareholders not only have to worry about how their baby is progressing, but how an outside source which probably wasn't know / taken in to account (?) could / might / will affect production. | ![]() bulltradept | |
29/1/2014 07:28 | With two new plants coming online in Feb, they can drill as many holes as they like. More brine water for the cash machine | ![]() captain_kurt | |
29/1/2014 07:28 | N3 - why don't you put up all of the release? | ![]() tsmith2 | |
29/1/2014 07:28 | "........which is affecting overall iodine production levels...." Indeed. Nothing to do with the effectiveness of the plant itself which would be bad. Extreme weather would do the same thing. Wonder why they didn't comment on IO1 or on the planned mobile units? | ![]() ammons | |
29/1/2014 07:27 | Overall a v v good update..Quarterly operational updates defo welcome..plant roll out on track, Unaffected by weather External iodine sales commenced and promising activityI wonder of the dirs buy.. | ![]() tsmith2 | |
29/1/2014 07:27 | I'm sure the bulls will post which bits they like. I'll post the bit that's important. | n3tleylucas | |
29/1/2014 07:26 | Isn't it great to have all those nice oil companies drilling more holes for our use. | ![]() microcline | |
29/1/2014 07:25 | N3 - what does the rest of the para read? | ![]() tsmith2 | |
29/1/2014 07:23 | ".......newly drilled wells to be tied into existing and planned IOSorb locations potentially increasing brine volumes....." I like the sound of that! | ![]() ammons | |
29/1/2014 07:23 | However incoming brine volumes have been affected recently due to the Operator's significant fracking and drilling activity in the area, which is affecting overall iodine production levels. | n3tleylucas | |
29/1/2014 07:22 | SG1 - would you anticipate that leases signed with operators have commitments to volumes of brine they are expected to provide IOF ? | ![]() dcgray21 | |
29/1/2014 07:22 | Yes, we are selling raw iodine and we have been promised quarterly production updates! :-) But inconsistent brine volumes at IO3, at least brine flow has not stopped like it did at IO2! And we are on track! Finally a good update I think! | ![]() naphar | |
29/1/2014 07:22 | Mr Burns says 'exxeelllent' | ![]() gadolinium | |
29/1/2014 07:22 | Throw in potential water permit bonanza in the next week or so.. | ![]() tsmith2 | |
29/1/2014 07:21 | Big blue flag today. | hurricane. | |
29/1/2014 07:21 | Seems like a "steady as she goes" update to me. | ![]() ammons | |
29/1/2014 07:20 | Iodine SalesThe Group was encouraged by its first external raw iodine sales in January and will continue to market raw iodine externally as production increases from new plants. January sales for the Group are as planned and order activity is promising.Order activity promising - given the highlighted Chinese problems etc, doesn't come as a surprise.. | ![]() tsmith2 | |
29/1/2014 07:17 | Excellent update, everything looks on track and just the fillip the market wanted to see on raw iodine sales. | ![]() che7win | |
29/1/2014 07:17 | "we look forward to updating the market on production levels on a quarterly basis" Good news - set realistic production targets , update the market quarterly , show you are in control of your business . | ![]() dcgray21 |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions