Iofina Share Discussion Threads

[bobbyshilling] 24/3/2014 12:38

AotN, I suspect it is because there is no news yet on the water permit. Because there is only one week remaining of the 60 days, and we have heard nothing yet, the market forsees a problem.

EDIT:- good summary Bobsworth.

[bobsworth] 24/3/2014 12:38

Bad News?

Just the opposite we hope!

Some thoughts on possible news in next 3 months (In no particular order)

Iofina News:

1. Plants 4 and 5 commissioned and in production this month
2. Plant 6 commissioned and in production next month
3. Water rights addendum submitted with a decision to grant a permit imminent
4. Water rights subsequently granted and a significant rollout plan is revealed, headed by Dr. William D. Bellamy
5. A new Chairman is appointed. Fingers crossed it's someone very substantive.
6. Rollout plan for mobiles plants to target rich iodine sites is revealed
7. Confirmation that they are seeing very strong growth in chemical derivatives
8. Confirmation of a growing order book for raw iodine with further sales
9. With six plants in production + mobiles on their way, expansion plans revealed for the Chemical Division
10. First set of quarterly production data published and thanks to increased optimisation record output of raw iodine from plants 1, 2 & 3 and demonstrating to the market Iofina's potential
11. 2013 results flat line on 2012 results. Despite record iodine output from plants 1 to 3 and record chemical derivative sales, flat results are explained by operational cost of delayed towers + late shipment of chemical derivatives to 2014 + 20% drop in Iodine price in last 6 months of 2013
12. Roll out of some of the plants 7 , 8 & 9 may be delayed slightly in order to strengthen the cash position
13. Revelation that Iofina cash position is sufficient to see company through to profitability which is fast approaching with 6 plants in full production and growing chemical derivative sales
14. (Edit via Orslega) Further confirmation of a prilling unit to be built in 2nd half of 2014


If above happens i.e. no fund raising via an equity release then we should see:

1. Short positions quickly closed on revelation of no share equity funding needed
2. Buyers start to return and together with closing shorts quickly lift the share price
3. Share price recovery continues helped by an improving P/E as Iofina finally start to demonstrate their profit potential to the markets with published output data

Expected External News:

1. Chilean mines continue to struggle with rising Opex and flat lining iodine prices resulting in further mine closures
2. Confirmation that Oil exploration east and west of Iofina lands continues

Unexpected News:

1. An agreed merger with a cash rich company
2. An acquisition by Iofina of a chemical derivatives company
3. A Significant deal on brine waste disposal for iodine extraction
4. A takeover approach
5. A major equity fund raising scheme
6. A joint partnership deal
7. Return of Lance
8. A part sell off of non-core business to raise funds
9. A rise on the price of Iodine
10. A Junior partnership deal with an Oil and Gas Company
11. A Junior partnership deal with a water supply company
12. A second water rights application

[shonny] 24/3/2014 12:34

The chief rampers are very quiet today. Maybe they're busy wiping the egg of their faces now that my prediction has proved to have been correct. £1 by xmas anyone?

[angel of the north] 24/3/2014 11:57

N0-one can call it right or wrong until end of play, however have to admit I do not like intra-day movements like this!

[uppompeii] 24/3/2014 11:24

Are you saying he called it right with minimal analysis qprjohn121?

[qprjohn121] 24/3/2014 11:23

bryproj
Unfortunately your humour may be lost on poor Shoddy. His compulsive-obsessive IOF activity is medically correlated with his inability to understand nuances of human relationships such as sarcasm, humour and the formation of any friendships.

[freshvoicem] 24/3/2014 10:36

Shonny
What bad news are you expecting,
Tell us what you see in your balls!

[bryproj] 24/3/2014 10:15

You're amazing Shoddy.

[shonny] 24/3/2014 10:04

Well into the sixties now. Looks as if there could be more bad news in the pipeline for this dross. I warned long ago that this would happen but the rampers persisted with their garbage comments and derogatory remarks. Anyone who listens to them deserves to lose money here. I don't think Ennissmore will be closing their shorts anytime soon.

[nashwan123] 24/3/2014 09:57

Yes Ennismore are slowly closing the short they opened in May 2013. See latest entries below:

Ennismore Fund Management Limited IOFINA PLC GB00B2QL5C79 1.29 2014-01-31
Ennismore Fund Management Limited IOFINA PLC GB00B2QL5C79 1.47 2014-01-30
Ennismore Fund Management Limited IOFINA PLC GB00B2QL5C79 1.53 2013-11-27
Ennismore Fund Management Limited IOFINA PLC GB00B2QL5C79 1.44 2013-11-25
Ennismore Fund Management Limited IOFINA PLC GB00B2QL5C79 1.36 2013-11-22

[nixonpaul] 24/3/2014 09:47

A man who is aledgedly short but sleeps in.
Yeah, pull the other one Shonny

[freshvoicem] 24/3/2014 09:34

TFC
Could be a white Knight in shining armour coming to the rescue from left field?

[shonny] 24/3/2014 09:02

Good morning rampers. Looking a bit red today. Is that the sixties I see. Oh dear, I think someone mentioned last week that this was heading for the sixties. Now who could that have been?

[the fat controller] 24/3/2014 08:46

News from Ormonde. they have signed a long term supply agreement. Copy of RNS extract below.

"Ormonde has arranged to sell 100% of the mined product from the Barruecopardo tungsten project to the Noble Group, a Singapore-listed business specialising in the sourcing and supply of a range of essential natural resources. Its sales in 2013 were $98bn and it currently trades in Spain in the agri and food sectors. There is provision to extend the agreement after five years."

1. IOF could do with something similar.#
2. Could Noble Group be interested in IOF? Sales of $98 BILLION?! And we seem to fit with their business.

TFC

[meadow2] 22/3/2014 07:26

Miss-read in my dotage, figure is 1.29% as I eventually managed to get to! No sign of it being closed though!

[beeezzz] 21/3/2014 22:57

Not sure where you got the 2.9% from. However, they are closing it slowly.

www.fca.org.uk/static/documents/short-positions-daily-update.xls‎

[jasp2] 21/3/2014 22:16

1.29% since Jan 31st

[meadow2] 21/3/2014 22:13

Ennismore short has been at 2.9% since 31st Jan, Oops 1.9%. Oops, Oops 1.29%.

[monty panesar] 21/3/2014 22:10

I see Ennismore are closing their short after the CF departure and are down to 1.3pc.

[ramsey11] 21/3/2014 22:06

You'll bend over for nada tetley

[n3tleylucas] 21/3/2014 21:59

johncsimpson,

I'm very busy atm but if you need abusing I'm sure my friend jonnybig will be only too happy to oblige if you ask him nicely.

I'll return to meet all your abusing needs in the summer.

I may charge though.

[shonny] 21/3/2014 17:00

Another stellar performance by IOF today. If it was a horse (instead of a donkey) it would have been put down long ago. The hurdles have been set too high and it can't get over any of them. Oops I forgot - It has been put down,it's totally lifeless.

[freshvoicem] 21/3/2014 16:52

It will not be production figures, those are second week April for first qtr.
IO4 IO5 approval only.

[freshvoicem] 21/3/2014 16:51

Well AOTN my dog keeps barking, thinking he has heard the postman!
He told me the last one coming but one day out!
I think you may be right with Monday, that's the trouble with second class postage.