Iofina Share Discussion Threads

[uriney] 10/4/2014 08:16

Best RNS since may 2013!

Uriney

[diggulden] 10/4/2014 08:15

Oh Shonny do come back, the day of eating your hat is rapidly approaching.

'SHONNY
18 Mar'14 - 10:08 - 17159 of 17172 4 5

Another pathetic day for IOF I see. If this ever sees £1 again I'll eat my hat.'

[jointer13] 10/4/2014 08:14

absolutely brilliant.

what this man doesn't know about the iodine industry isn't worth knowing.

welcome.

[mr paul b] 10/4/2014 08:14

Excellent news , welcome back lance

[jackster193] 10/4/2014 08:13

Best news I've heard for a long time :)

[soggy] 10/4/2014 08:12

I would have thought there would have been an immediate bounce on that news! And interesting that Evil's taken a hit to buy back in just before it...I wonder if he knew it was going to be announced - he does say the reason for his reversal is because of confidence in the management.... hmmmm...

Message to any other shorters out there...you might just want to review that strategy...

[bobsworth] 10/4/2014 08:12

Welcome back Lance!

[superg1] 10/4/2014 08:12

It's his knowledge in the industry that surpasses the others at IOF, that combined with being involved with all aspects of the business, sleeves rolled up, since the start.

No more subject to regulatory approval, brine sign-overs on future plants I suspect.

[noli] 10/4/2014 08:10

Fantastic news, time to move forwards now.

[beercapafn] 10/4/2014 08:09

Brilliant Lance back, he will be very quick with the review.

[skasher094] 10/4/2014 08:09

54 shares must be some kinda code

[captain_kurt] 10/4/2014 08:05

RNS out!

The return of the prodigal son

:@)

[warmsun] 10/4/2014 08:05

Lance is back!

[1madmarky] 10/4/2014 08:03

On the subject of electric vehicles and range. My first petrol car would only do about 250 miles to a tank of fuel. The important point is how long does it take to recharge the battery. If we go down the liquid battery route then there is not a problem (assuming that there are plenty of places to refuel). So you will not need a massive battery.

[count chris] 10/4/2014 07:49

I don't follow it anymore but I know Formula One has embraced energy recovery systems. F1 is the motor industries best funded R&D lab and the current regulations were drawn up with real world relavence in mind. My point - find out what batteries F1 teams are using and you'll get a big pointer to what wil be on the road in the future (assuming the technology can be made commercial)

[captain_kurt] 10/4/2014 07:44

'Just spotted this update from Evils diaries:

"I bought back my Iofina (IOF) short since I am emphatically told that the management are OK and will deliver. This has cost me circa £35,000. It happens."
'

Looks like we will get more shorts closing today on the back of EK's comments imo

[superg1] 10/4/2014 07:08

Lithium iodide

Current lithium batteries, when a better option appears will go. As we know Lithium ion batteries carry fire risks due to the heat and there have been a number of cases where they have gone on fire, including static aircraft when the batteries are in use.

Such full scale commercial batteries are way down the road, but equally have existed for some time in pacemaker batteries so in that regard their longevity and safety levels are proven.

I did note the solid state battery company and the price took off re the news, BUT even if it does appear it is a long way into the future.

It just highlights why I like iodine as it's such a versatile element that they are finding news uses for all the time.

Various uses with grapheme is one, and powering small satellites is another. It just happens to be the best in class for many applications and can't be replicated synthetically. Expanding technology seems to keep finding new uses for it.

Thus iodine is not a one trick pony, with many more future uses to come.

[bogg1e] 09/4/2014 23:34

Regarding the Iodine batteries, as has been pointed out, the global output of iodine wouldn't cope with the demand widespread uptake would require, 30,000 tonnes per year = 30,000,000 batteries.And they would want to make a lot more than 30 mil of them, thats on top of all the other uses for iodine which already consume that volume.

[bogg1e] 09/4/2014 23:31

crosseyed thanks. I suspect $200k for the mini is too low. Maybe its best I send an email to IOF to find out. Cheers.

[mister big] 09/4/2014 23:02

Fracking hell !!
Lol - I am amazed you chaps can keep the enthusiasm going.
Nite nite x

[owenga] 09/4/2014 22:55

What about the 290,000 acres of land iof leases with 1.2tcm of gas in the ground? Surely this must have huge value? What is the company doing to exploit this?

[crosseyed] 09/4/2014 22:55

double post

[crosseyed] 09/4/2014 22:55

bogg1e,

Re the costs of the new mobile IOsorb units, are they the same as the earlier mobile units that were deployed some time back, or a more sophisticated development?
If the latter, $200,000/unit might be too low.

You also imply that the larger, fixed plants cost about $2 million each, a figure I have read in previous posts. The annual reports indicate capital spending suggesting higher costs, perhaps $2.2-2.5 million/plant, though there may be other capital costs included, as there is no breakdown given.

c

[bobbyshilling] 09/4/2014 22:19

Battery, thanks for your reply - most people would not even be able to lift a battery of that weight. In any event though, it looks as like these batteries may use a large quantity of the iodine produced anually simply through the scale of car numbers we are talking about. Certainly a good plus for IOF in the future I should think if the technology is used.