Iofina Share Discussion Threads

[the librarian] 08/6/2013 09:15

LOL, I must try it sometime engelo, hours of research concentrated into one day. The one benefit is that amongst all of the detritus one or two usually look a bit deeper and invest for the future, hope they do, because the next couple of years here will see significant returns, luck not required.

It doesn't seem quite right to earn so much off the sweat of others brows, but that is good old capitalist conservativism I suppose :-)

[engelo] 08/6/2013 09:07

Lib 1280: maybe seeing how the thread copes with unexpected Exocets when he has a day off :-)

One of the benefits of stirring up a hornets nest is that you sometimes get a crash education in your target in a matter of hours, and this one has been excellent :-).

[the librarian] 08/6/2013 09:04

I agree madchick, I hope that the fount of knowledge that is CR takes that on board, not bad results for 'foreign' AIM companies

'The U.S. companies on AIM have always outperformed the market'

[madchick] 08/6/2013 08:57

good post, orslega!

[noli] 08/6/2013 08:56

Hi johnsimpson

Having said that IOF currently has very low turnover, no divi, just took on a $15m bond having said it didn't need any financing, is a foreign company, Aim listed etc.

The 15 million bond iof took on, did they really need this, imho No. iof could have just carried on with 2 or 3 plants running until the cash came in to build the next plant and so on.

Its obvious why they took the bond, most competitors are on their knees as we know, why wait and give them room to manoeuvre and put infastructure in place.

IOF are in a great position to take market share, what business would not raise cash to increase market share. IOF are striking while the iron is hot.

[the librarian] 08/6/2013 08:41

Probably not bloody interested in clogging up the board with posts about CR John!

[orslega] 08/6/2013 08:39

blimey, one day out and 128 posts!!

anyway, a little insight.....AIM and US companies - blinkx (head quartered in San Fran) generate over 90% of their revenues in US have been successful - 100% year on year top line growth - no divis yet but share price starting to catch up with the potential...am sure there will be quite a few others...

this was interesting...came across this US AIM advisory outfit.....IOF will feature, no doubt....note 3-5yr plan (markets permitting) to move away to another(main)listing....purpose served, job done (hoping blinkx will move to nasdaq in next 24 months..)..


About the U.S. Companies Listed on AIM

The 57 U.S. companies on AIM make up the largest foreign contingent and come from a range of sectors such as oil and gas and technology, including; computing, biotech and cleantech.

These 57 U.S. companies raised an aggregate of £1.4 Billion ($2.3 Billion) at the time of their IPOs for the company and selling shareholders and a further £0.8 Billion ($1.3 Billion) in Secondary Offerings.

The average U.S. company IPO on AIM raises £25 Million ($40 Million) with the average U.S. company raising an additional £14 Million ($22 Million) in Secondary Offerings.

The U.S. companies on AIM have always outperformed the market, returning 68% in 2009 compared to 66% for the FTSE AIM All-Share Index.

Most of the U.S. companies join AIM as a 3 - 5 year bridge for a dual or primary listing on NASDAQ or as a platform from which to be acquired


hxxp://www.aimadvisersinc.com/

IOF might be referenced in here somewhere...surprised, not that many companies US based listed on AIM...but clearly (although not identified) some good successes...

hxxp://www.aimadvisersinc.com/files/newsletter_24.pdf

....and talking about sausages, enjoy the bbq weather!

[the librarian] 08/6/2013 08:38

Iodine is currently produced in nine countries, with output concentrated in Chile, Japan and the USA. Chilean companies currently control about half of the world's nominal capacity and account for around 58 per cent. of global production while Japan produces 21 per cent. of the current global supply of iodine. In the USA, which only accounts for 5 per cent of global production, three producers of crude iodine, all Japanese owned operating in Oklahoma, supply about 28 per cent. of domestic demand, with the remainder having to be imported. The supply for iodine has been and continues to be extremely limited. Worldwide Estimated Consumption of Iodine by Region and Country

hxxp://www.iofina.com/mid-stream-iodine-business/iodine

[johncsimpson] 08/6/2013 08:37

I've occasionally followed CR's thread (also Top Traders etc.) in an effort to keep 'abreast of current thinking'.

In many ways, they're all cliques of one sort or another, each with an agenda; just as this thread is.

Now some might want to argue that CR is laying down the first salvo in an attempt to scare PIs into selling (a shorting agenda) but having made his point(s) the acid test will be if he continues to return or if he just moves on. Or if we suddenly start getting a number of others all with similar 'negative' views.

None of any of this will prove anything one way or the other. IOF is news driven and in my time here (and abouts) the news has always been good. Having said that IOF currently has very low turnover, no divi, just took on a $15m bond having said it didn't need any financing, is a foreign company, Aim listed etc.

But DYOR and don't be reliant on reading the research of others. For my part, I'm mindful of RKH and AVN both of which were 10 plus baggers only to fall from their lofty heights. If you were in early enough you would still have been out (or still in) with a substantial1 profit. But in the case of IOF anyone who only joined the party this year needs to be more vigilant than others.

I'm also surprised that sg hasn't contributed these past twelve or so hours (unless I,ve missed something).

added - just checked - I haven't.

[the librarian] 08/6/2013 08:15

"Around You Every Day"

Thomas had became an authority on iodine, something most people think of as a liquid antiseptic for wounds, but which actually has thousands of other derivative uses.

Iodine is mined from kelp beds found in places where oceans receded millions of years ago. It comes primarily from Japan and Chile, with a small amount mined in Oklahoma. It is mixed in water and dried into purplish chunks, which is how it arrives at IodiTech.

When Thomas and Sunderman formed IodiTech, the company produced only basic iodine products for a few limited industrial uses. They have since branched into a wide range of consumer products, packaged at their plant and sold through a network of outside distributors.

Shortly after starting IodiTech, the company also formed a joint venture with another company and bought out an iodine derivative business in England.

"What we've tried to do is diversify and to expand our ag and consumer products," Sunderman said.

The company's iodine now goes into animal feed and medicines, soaps, cleaning solutions, metal finishings, bath salts, mineral oils and many nylon-based materials.

"We have two completely different product lines-the raw materials and all those other things we are making," Thomas said. "Those are the finished goods."

Kansas City, centrally located and in an agricultural region, is an ideal place for an iodine products facility, Thomas said. All of the shipping is done by truck, much of it to distributors in the Kansas City region, he said.

Nylon is the primary end-use for iodine in flexible products that must withstand high heat, such as jet plane tires, machine conveyor belts and plastics that come in close contact with engines, including car air bags.

"We are actually around you every day, and you don't realize it," Sunderman said "That air bag in your car has to be able to take the heat and not explode."

IodiTech now produces about 30 to 40 more products than it did when the company began a decade ago. The company grew from nine to 22 employees three years ago to handle its expanded product line.

"Every year, the demand for iodine gets larger," Sunderman said. "But it's just kind of a limited resource."

hxxp://www.ithinkbigger.com/how-to-strategies/news-updates/item/21317-kc-entrepreneurs-innovating-with-ioditech.html

[escapetohome] 08/6/2013 08:09

To be honest I think CR is having a chuckle- His comments are designed to stir up a hornets nest - no research in them whatsoever.

[the librarian] 08/6/2013 08:01

Well done John... I hope they get a bill through parliament and allow fracking to go ahead... good to see an MP talking a bit of common sense (wonder if he has shares in the company... hmmm :) ). Very interesting synopsis though and I agree with him. The Greens go too far sometimes, we will be in mud huts if they had their way!


5HUGGY - 29 May 2013 - 07:41:13 - 1971 of 2170



FOR THOSE WHO DON'T DO LINKS!

* * * * * * * * *

Christopher Pincher MP: Exposing the mythical horror stories about shale gas

Christopher Pincher is the Member of Parliament for Tamworth. Follow Chris on Twitter.

Shale gas is back on the agenda in Village Westminster. An all-party group chaired by my colleague Dan Byles was recently launched to a packed audience. The Select Committee for Energy & Climate Change has also just published another supportive report (free of carbon targets). DECC has lifted its moratorium on drilling and is launching a new round of licenses. The Chancellor has promised proposals on community incentives to support exploration. And the leader of rhe Greens, Natalie Bennett, has been inveighing against the horrors of fracking.

Despite the latest positive pressure, that Green attack continues to be significant. Laying aside for the moment their axiom that �If it don�t blow, we don�t want to know�, consider the cumulative impact their tightly-focussed opposition campaign, allied to lazy journalism, complacent industry PR, sloppy scientific analysis, miniscule geological data and half-hearted political backing, has had on the prospects for shale gas as a significant energy source, job creator and revenue generator for the United Kingdom.

It has been near disastrous for the industry and may have set back our energy supply and security policy by several years. Only now are we beginning to see a concerted rejection of the Green charge sheet. Yet concerns remain and the doom-merchants still point across the Atlantic, where shale has revolutionised the energy market, muttering darkly about environmental disaster. Their claims must be countered and critiqued. The myths they market must be exploded. Here they are:
Myth One: Shale gas is different

The first myth is bound up in the jargon in which all experts like to cloak their specialism. �Unconventional hydrocarbon� sounds mysterious, even menacing. And because it sounds different, people are uncomfortable about it. Yet it is gas, just gas, like any other gas that heats the home or cooks the dinner. Hydraulic fracturing (fracking) is another baffling buzz term. Yet it is essentially no different to oil or gas drilling which we have done for years, which have their own dangers, but which everyone accepts as ordinary and understood. So the first myth to be busted is that shale gas is different. It is not. The industry itself must stop using strange slang and stop others from using it too.

Myth 2: There�s no point in exploring for shale as there isn�t enough of it, anyway

It is hard to assess accurately the volume of shale gas locked beneath the British Isles, and that is because no one has done any significant exploratory drilling. However, the British Geological Survey (BGS), based on geological analysis, estimates UK onshore shale gas reserves to be 5.3 trillion cubic feet (tcf). They also admit they are really just waving a wet finger in the air, and are happy to accept the Cuadrilla (who have done a bit of drilling) estimate of 200tcf. Other models suggest there could be much more shale gas, perhaps even half as much again. Of course we cannot squeeze every last methane molecule out of the ground � thinking that is as bonkers as some of the claims made by the anti lobby. But we can squeeze out a significant amount (the US recovery rate is 18%), and certainly enough to support our needs for decades to come.

What we need is more information. And the way to get it and bust this myth is for companies to get on with their drilling and for the government to give them the help they need to do so. And while they are at it, DECC might want to release the extractable reserve estimates the drilling companies have given to it � and which they say they are perfectly happy to be published � to scotch the story that there just is not enough gas to bother about.

Myth 3: Shale extraction causes earthquakes.

It is true that there have been tremors reported near the drilling sites in Lancashire and that fracking contributed to the seismic event. However the two tremors felt at the surface have not been anywhere near enough to cause any damage. The fact is that there are seismic movements documented on a daily basis. In March alone there were 16 tremors across the British Islands of greater intensity than the movements picked up near Blackpool and Fylde. Though the drilling companies must take care to reduce the risk of inducing seismic activity, we should not think shale gas exploration is going to result in earthquakes. That is just scaremongering. Remember that coal mining results in landslips, yet no one seriously cited that as a reason to close the collieries.

Myth 4: Shale gas will have no effect on my bills.

The US now benefits from some of the lowest gas prices in the world thanks to its shale revolution and it is on the way (once their terminals are redeveloped) to becoming a gas exporter. That is not to say that we will benefit in the same way partly because our gas market is so integrated with Europe. However, significant exploitation of British shale gas across the continent could reduce our exposure to hydrocarbon price volatility on the world markets. That could contribute to the stabilisation of British energy costs � good for homes and for businesses � at the very least. Indeed, initial assessments suggest that production levels of 12bcf per year will start to have a positive impact on our domestic energy prices.

Myth 5: Shale isn't green.

Those opposed to shale gas development (in fact opposed to almost any energy source which does not involve wind) claim it will add to our CO2 emissions, not reduce them. Though no one denies that gas has a carbon footprint, it is far smaller than coal and oil and can be a viable method of bridging the short-term gap between hydrocarbons and cleaner fuels such as nuclear. In 2011 42 million tonnes of coal was burnt, producing 90million tonnes of CO2. Natural gas emits half as much carbon, saving 45million tonnes per year or 8% of the total CO2 released.

Since the shale explosion in America CO2 emissions have fallen by 450million tonnes in just five years - more than in any other country. The global economic slowdown and other economic factors may have also contributed to this decline but there is little doubt that shale has been a major factor in the US carbon clean-up.

Myth 6: Shale gas extraction leads to contamination of the water supply

This is frankly rubbish. The shale deposits are buried deep, many hundreds of feet beneath the earth. Aquifers are much closer to the surface. Between the two lie hundreds of feet of solid rock. Fracking in itself cannot lead to pollutants permeating the rock and rising up into the water supply. The only way that fracking chemicals can find their way into the water table is if the well bore hole itself is compromised. And the efforts to avoid that, such as boring then concreting twice over to make the bore hole secure, reduce the risk massively. The ECC Select Committee found no risk to underground water aquifers whilst further developments could see chemical free fracking with extraction using vibrations and sound waves to release the trapped gas. And lest anyone forget, the chemicals used in fracking do not make you glow in the dark. They are the sort of chemicals everyone has under their kitchen sink (and which they flush down the plug hole) every day.

Myth 7: Shale gas extraction wastes valuable water

Another myth. Shale gas fracking certainly requires quite a lot of water � but no more than is used to irrigate the average golf course. And though some of it stays in the shale beds, much of it is pumped out and carried away for treatment. It does not all stay stagnating underground. And as I have already pointed out, advances in shale science mean new and even cleaner methods of fracking could soon be on the way.

Shale has the potential to represent 21% of gas supply to the United Kingdom and that could keep LNG imports below 50% of our needs. It could, in conjunction with continental shale deposits, be a significant source of European energy. The Government must remove the obstacles to successful exploration and extraction of shale gas at scale. It has made a good start by lifting the drilling moratorium and announcing a new licensing round after too many years without one. Crucially the government should look at planning rules for shale drilling. The biggest roadblock most companies highlight when turning plans on paper into holes in the ground is the negative reaction of local planning committees.

Clearly winning community acceptance through better local engagement is essential, and companies that fail to do that are foolish. But we must not be foolish in assuming that shale gas exploration will now simply forge ahead. Perhaps a Private Member�s Bill in this session could look at ways of fast-tracking planning applications whilst ensuring communities are properly involved in the process. The best way to bust the myths about shale gas is to turn the plans into reality.

May 29, 2013 in Christopher Pincher MP | Permalink

[ansana] 08/6/2013 07:42

Battery can you add 5000 real shares for me please. Off to Iofina today, no no I mean Iona ;-).

[the librarian] 08/6/2013 06:25

Sandbag, perfect weather for the builds?

I assume that they have all of the necessary permissions in place for the plants, just a matter of levelling the sites, putting in the reinforced concrete pads, bunding walls and utilities, banging up the steel framed building and then off to the next one whilst team 2 put the plants together.

A bit simplified I know, but being in the same area with the same contractor and the best building weather between now and December is perfect timing for the roll out.

[hurricane.] 08/6/2013 04:16

I think CR comments come across as sour grapes and uppompii is right, we invest for our own reasons. And CR and his followers are lining up to short for their own ill researched reasons.
Let the games begin. Is Iofina a scam or the real deal.
CR followers place your usual bets

[n3tleylucas] 08/6/2013 02:09

Been thinking about something for a while now ... why would Stenna sell millions of shares, then take up all the $15m junk bond?

I can't quite fathom it ... you know why?

Because you all told me they were in trouble, and needed to sell.

Why did you tell me they needed to sell?

[n3tleylucas] 08/6/2013 00:39

Hey Stoke? I remember who stoked all this up you know ... you threw it in ... then gradually took yer leave. These things always intrigue me ... XX

[n3tleylucas] 08/6/2013 00:18

I like people who include the word indeed, early doors in a sentence. Touch of class.

hic!

[angel of the north] 08/6/2013 00:10

Yes indeed DG - had a fair write up on this one ready - will keep a dry powder for now.

[diggulden] 07/6/2013 23:54

Change your mind Angel?

[freshvoice] 07/6/2013 23:20

The only doubt in the plans of this company if whether they can roll out the units at the rate they stated. Once IO3 has been commissioned and we have a figure for its throughput any doubts will have been dispersed and the price will justly factor in IO4 - IO6.

End of story.

If they are late the price will retract I guess about 20% and then pick up when it's commissioned.

It's only if IO3 fails completely that people like CR will be able to say 'told you so'

[randolph and mortimer] 07/6/2013 22:56

Bioprogress, formerly. Every man and his dog had them up to 153p. Now suspended.

[roundup] 07/6/2013 22:42

CR what do you remember about Meldex?

[n3tleylucas] 07/6/2013 22:31

SCRUTABLE,

Come on mate, let's be having a post from you! You're the only one worth reading.