Iofina Share Discussion Threads

[yorkshiret] 04/3/2014 21:44

Yep, in about 15 minutes Che7

[che7win] 04/3/2014 21:20

Isn't SQM results out tonight?

[rogerbridge] 04/3/2014 21:11

Just a matter of time before we are propelled upwards.

SG, I have a friend who sold out and said he would never go near an AIM share again. Today he tells me that IOF is looking interesting but he wants to wait until IO4 production is confirmed before buying back in.
I dare say there are quite a few who are thinking the same.

That Sandridge presentation is some presentation RUG.

[bobsworth] 04/3/2014 21:10

johncsimpson Cheers for that key snippet of info. Must admit I was surprised to see so many sells post good news. I was blaming putin but maybe not!

Superg1 - sorry to ask but can you elaborate on "confirmation of certain aspects"

[che7win] 04/3/2014 21:01

Agree Rugrat,
They are a major player, largest SWD in the nation.

[johncsimpson] 04/3/2014 20:39

Ooohh ah missus – got some information from a broker friend earlier, according to her, rumour is that Ennismore might have been selling some of the shares they recently bought into 'another account' for just this contingency, in an attempt to hold the price down*. Clever tactic eh – I said they were professional.

* see what I did there – used someone's catch phrase, mentioned a believable profession in the circumstances, kept it vague – a friend, according to, rumour is, might have been etc. Got the idea from months of reading the other thread.

Now the serious point - I actually did have a conversation with a friend and it was along those lines.

[johncsimpson] 04/3/2014 20:35

Croc8 - you don't spell masturbating like that.

[rugrat2] 04/3/2014 20:15

Very detailed Investor Analyst Presentation from today's meeting. Can't be long before IOF commits to a plant or two with Sandridge.

[makday] 04/3/2014 19:02

Now I don't think somehow we will see that tawt this evening!

Anyway onwards and upwards!

[naphar] 04/3/2014 17:06

cyberbub
I think I would agree with building cash flow, in some ways it is chicken and egg, cash flow versus new plants.
A potential answer, is a couple of mobile units, targeting the very high ppm sites, should be high output relative to the investment. However, there is also a risk with implementing something new and unproven, simply because it is new and unproven.

[cyberbub] 04/3/2014 16:50

Agreed we want to see progress on the further plants, but after IO6 I would prefer them to start building cashflow first...

[bobsworth] 04/3/2014 16:42

Yes I remember Lance telling me last year that mobiles will have a big impact when launched with their lower capex and opex.

[che7win] 04/3/2014 16:31

knackers,
agreed.

Bob,
I'm sure we'll hear about 7,8,9 plans in due course, they probably have sites they want to locate them on.

Also, I expect mobile units this year....

The prilling tower also in the mix.

I guess they have their hands full with 4,5,6 for now.

[bobsworth] 04/3/2014 16:26

Superg1
Email sent!

[bobsworth] 04/3/2014 16:21

Che7win and Knackers

Totally agree!

How confident are you that Iofina will build plants 7,8 & 9 this year? With 2 months gone already and IOF#6 build going well I would have thought Iofina would be procuring new plant now inorder to keep the momentum going and to avoid having to build in the depth of winter.
Having rightly lowered expectations on new plant builds in 2014 I hope and pray they deliver on 7,8 & 9.

[knackers] 04/3/2014 16:09

Spotted that, Che7, irrespective of the technical manoeuvrings this company remains fundamentally undervalued given the infrastructure now in place and about to be commissioned. Ridiculously oversold IMVHO, and a bit of patience should be well rewarded.

[che7win] 04/3/2014 15:57

Share price came back this week to test the bottom of the channel and has been rebuffed so far.

It's looking strong today, only a matter of time before we break that descending wedge pattern, hopefully with volumne.

Two new plants on schedule for producing this month, another one this H1, finally we're getting up a head of steam.

[yorkshiret] 04/3/2014 14:09

Ansana, he said he was having Alphabetti spaghetti, but couldn't work out why it only contained the letter 'O'.

[ansana] 04/3/2014 12:51

Nearing the end of the descending wedge pattern, well if it is it's good bye to Shoddy for a day or two but just in case he is still hanging around I can hear his Mum calling him to come in and wash his hands before he has his spaghetti on toast. Not sure if it's hoops or numbers, if it's numbers it might improve his mathematical abilities. We can but hope.

[superg1] 04/3/2014 12:34

Yes test 9 to 1 the general, I've not seen 49 to 1 before.

But in 2007 1.2 billion barrels per year were going down SWDs in OK. Over the next few years that number is going to fly and is already.

I believe IOF are with Devon, Chesapeake, Midstates, Sandridge and others, millions of acres.

[cyberbub] 04/3/2014 12:17

Agree Che7, it looks like a bottom around here, especially with news of final completion of the next couple of sites due later this month.NAI

[che7win] 04/3/2014 12:02

Nearing the end of the descending wedge pattern.