Iofina Share Discussion Threads

[bad robot] 23/4/2014 14:08

But your post below is a question?

So you know the answer? LOLOL



Big7ime 23 Apr'14 - 14:01 - 19653 of 19656 0 0

All these small trades computer buying?

[bad robot] 23/4/2014 14:03

Big

why would computers buy? Can they enjoy the money?

So many idiots around they see a share that has tanked by 60% and they buy. The next day another -50% tanking

[bad robot] 23/4/2014 14:02

Look it's ole Dear Tracy

[big7ime] 23/4/2014 14:01

All these small trades computer buying?

[big7ime] 23/4/2014 13:56

Could be best thing as day trading shorters close this afternoon

[roundup] 23/4/2014 13:55

Someone is constantly buying lots of 5329, what a bargain.Sadly I'm fully committed so will have to leave and wait and hope Lance can bring some degree of sanity to the BOD.

[napoleon 14th] 23/4/2014 13:54

cross - must be shareprophets' figures!

Mr big is on the other side of the planet, so a good 6 hours behind us, timewise.
Still, I'm fascinated to see what he has to say.

If this Mr big really is what he says, he should get on the board & kick ass.
I'd certainly back him to do that...

[crosseyed] 23/4/2014 13:53

Amazingly, ADVFN's (estimated) Buy volume (5.214 million) is well in excess of Sell volume (4.548 million) though with 1.389 million non-allocated.

[napoleon 14th] 23/4/2014 13:51

DOG status now achieved!

First, they should get some trucks sorted & supply IO4 & IO5 to produce.

I suppose any spare cash would be best put into mobile units, so today's problem would take a couple of days to erase.

Yes, they were mugs to put in plants based on one supply only. Any fields nearby that could use a pipeline to supply IO4 & IO5?

IO6's location is raising questions... Is it impossible to relocate plants built & at what cost? Too many units depending on one Producer is just plain daft.
You live & learn....

What sort of take-off contract do they have with the oilers? Perhaps if they paid for brine & included a damages clause in cases of non-delivery, the brine producers would take IOF more seriously?

The moratorium period until autumn was well timed, & they'll have plenty of aspects to straighten out. Perhaps they'll now be short of time to do it in.

I'm not going to put any more money into this until I've regained today's PAPER losses. I hope Lance enjoys working under pressure........

[monkeymagic3] 23/4/2014 13:51

No Big7ime, that was the whole of last yeat.

[1madmarky] 23/4/2014 13:51

I also thought IO 2 and 6 were close together so maybe possible to pipe brine across But maybe not from a disposal contact point of view. Have to wait and see.

[festario] 23/4/2014 13:41

SuperG,Oh I think Mr Banks is awake and well aware of this debacle.He is either feeling angry at being duped (by CF perhaps?), or he is feeling smug as he has duped us.One or the other must be the case.

[big7ime] 23/4/2014 13:40

I am tempted, 60% fall mid day is prob way over the top, I'd guess a close around 30? bit of a bounce tomorrow. Maybe worth a punt at this price

[timbo237] 23/4/2014 13:38

piri - which afternoon???

[piripiri2] 23/4/2014 13:37

BACK TO 30P IN THE AFTERNOON... EASY MONEY..

[piripiri2] 23/4/2014 13:36

BIG BOUCE COMING PILE IN.. LOADED THE TRUCK UP.

[crosseyed] 23/4/2014 13:34

A further point for those who look at the technical details, the RNS indicates that IO#6 is one of those affected by the reduced availibility of brine from "the principal Operator" though...
"Plants IO#1 and IO#2 remain profitable are unaffected by fracking schedules and continue to produce iodine as planned."

The RNS of 17/12/2013 stated...
"Construction on IO#6 has commenced with the decision to proceed with a site in close proximity of the Group's IO#2 and IO#3 plants."

IO#2 is, I believe, supplied by pipeline from Midstates. It was my understanding that the original location of IO#6 was altered to benefit from that supply source.

Today's RNS seems contradictory.

c

[volsung] 23/4/2014 13:32

Ah yes Numis..they know stuff

[big7ime] 23/4/2014 13:26

Looks over done to me, I'm not a holder but if I was, would not sell now. Numis reiterate buy today.

[bad robot] 23/4/2014 13:25

You can bet this will close sub 20p in auction. Many waiting to throw the towel on this dog