Iofina Share Discussion Threads

[che7win] 03/10/2014 14:34

This is a new interview, just incase you ignored the link above:

[spike_1] 03/10/2014 14:30

Wooly,
I was buying at £2.40 so don't follow my advice. Sept figures are not going to be great i.e. still suffering from the 'hiccups', expecting >20 mt but not by much at all. So no rush to get in quite yet. October figures need to be much better: around 35 - 40mt will indicate back on track (if they can maintain it). This will generate more interest and a rising price.

HOWEVER - it seems possible that we might get water news mid Oct. If good, price will spike up then begin a slower but positive climb (dependent on how IOF intend to exploit the opportunity.

Sometime in November (30 - 60 days) they expect to announce the end of their 'review'. Logic suggests they will at the same time announce their 'near' term expansion plans. IF that involves 1 or more new plants straight away, then again the share price will gradually reflect that.

[che7win] 03/10/2014 14:26

So cash is up to $7.5m 😄

[loading] 03/10/2014 12:31

VIDEO Tom Becker, the new chief executive of Iofina (LON:IOF) - IOF News
- Today, 12:31 PM

[woolybanana] 03/10/2014 11:42

Thank you guys, much appreciated.

[madchick] 03/10/2014 11:40

Thanks Bob, fingers crossed they are not exaggerating the truth.

Wooly, probably best not to listen to me, but basically they key for me is to think whether your money will do better here or elsewhere. The average share price that you currently hold isn't really the issue. It's how your deciding to spend your money. FWIW, I agree with che and fresh - I feel IOF is now turning back up, we have a good few months ahead of us with increasing production if we are to believe the interview. The share price is currently too low (IMO).

I couldn't get that TB interview to load last night, but watched it this morning and had to laugh when he rolled his eyes at the end. I thought both he and the interviewer seemed a bit nervous, but TB came across as balanced and fair. Thanks CK for spotting it!

[che7win] 03/10/2014 11:20

Wooly,
Generally, better to average up than down for me. Run your winners, cut losses quickly.

As I think we are past the worst here, I hold more here than ever, why we are not 10p higher right now I don't know.

Good Info Bob, looking forward to further tweaks to the latest plants.

[freshvoicem] 03/10/2014 11:20

If Bob's news is right and also the water decision comes this month then50p will be history.

[woolybanana] 03/10/2014 11:10

Just out of interest, chaps and chapesses, what is you policy on averaging? My numbers on Iofina are still pretty bad and I was thinking of getting a few more, slowly, to get things onto a better level.
I dont want advice, just opinions, svp.

[spike_1] 03/10/2014 10:46

Thanks Bob, all good to know.

[captain_kurt] 03/10/2014 10:44

Nice on Bobsworth :@)

[bobsworth] 03/10/2014 10:39

Just had it confirmed by Iofina that the increased fracking in their plants 3 to 6 area is now in decline resulting in less interruptions to the brine supply.

Also told that the brine flows to plant 2 have increased further since the SWD unit upgrade to remove 98% of the oil from the brine. The latest flow volume is now at 80% and rising and the efficiencies gained following recent tweaking are great.

[woolybanana] 03/10/2014 10:30

Would that medal be in the shape of a large concrete block, like the ones I am having to paint at the moment, and would he be leaning right out over a river bank when it is put round his neck? Seems reasonable.

[cyberbub] 03/10/2014 10:28

I suggest the medal round his neck should be concrete LOL

[stevo2011] 03/10/2014 10:18

Reeks of desperation

[freshvoicem] 03/10/2014 10:17

ACT must be on a bonus, posting from 8 am to 3.20 am the following day.
I always wonder when I get so many filtered posts on the same page, something must be coming soon!
What devotion to saving other investors money, the guy deserves a medal. A large one round his neck!

[gadolinium] 03/10/2014 10:16

Just looked in and seen the Tom Becker interview, a very competent and insightful interview. I feel much reassured. I knew we could rely on a chemist to steady the ship!
Thanks Capt

[captain_kurt] 03/10/2014 09:54

Positive September production figures coming ? :@)

[superg1] 03/10/2014 09:35

OT

I felt the need to share this one. You know the countless scams that arrive in the junk folder. I had a chuckle at this one due to the name of the sender

'Herma Swindoll'

I just wish the first name was Hyma as that would have been perfect.

[cyberbub] 03/10/2014 08:23

Alright for some... mine are all 'green' so far.. at least that's better than 'red'!

[che7win] 03/10/2014 08:06

Nice blue day across my stocks after DOW recovery after close yesterday.

[orslega] 03/10/2014 07:51

see many filtered posts in last 24 hrs - so Iofina definitely turned the corner then!lol

thanks CK for video link; Tom very impressive and definitely the right choice for CEO; shame it wasn't earlier but hey ho we are where we are; get the distinct impression that the tide has turned : ) Am very much looking forward to seeing the strategic review.

[count chris] 03/10/2014 07:27

Still posting at 3:20am? You should close your short if it's worrying you that much.

[arlington chetwynd talbot] 03/10/2014 03:20

See mate,

I am one of the few who actually thinks about people.

Hope yer okay bud.