Iofina Share Discussion Threads

[superg1] 01/11/2014 21:56

Spike

No lithium but I know while doing co2 disposal research a huge lithium brine source was found in Wyoming.

I wasn't just thinking about SQM and RB but the sector overall. I've read plenty of arguments re hard rock rock mining or brine. The initial read is mind blowing.

Yes the same circa do exist for iof, but more in terms of control of a resource that isn't yet recognised, or quantified.

With enough cash or backing they could dominate the market.

[spike_1] 01/11/2014 19:57

Very many thanks sg. What Enirgi Group Corporation 'appear' to be doing with lithium is very similar to IOF and Iodine.

With the massive headaches that SQM and RB face, SQM in Chile might as well just give up and close down within a couple of years, unless the phosphate market turns around.

Or of course - try and buy IOF if / when it can be seen to have a profitable business plan, which could be within a couple of months!

We shall see!

(I wonder if our brine has lithium??)

Best wishes -Mike

[woodpeckers] 01/11/2014 08:58

On helium..



AgilentTechnologies Inc. (NYSE:A) is exiting the large magnet business because of helium costs.

Also..



In the U.S., hydrogen costs about $2,000 for a single flight.
Helium used to be more common, but a worldwide shortage has made it impossible for the fiesta to get helium for the America’s Challenge. Even if it were available, the cost could be $12,000 for a single flight, according to the fiesta.

[che7win] 01/11/2014 08:57

Trend around nuclear plants?

[superg1] 01/11/2014 06:46

It seems like a stunning advance to me. If it's viable then it will be a real shocker to others developing in that sector. EG SQM said that if RB could get to 20,000 mt it would knock the lithium price. Enirgi plan to produce 50,000 mt.


'Radically reduces processing time from the conventional 500+ days to less than 24 hours'

When I read that line I double-checked that it wasn't some sort of wind up.

It sounds like a new diet advert on a shopping channel.

[1madmarky] 01/11/2014 05:37

Should go to make lithium iodine batteries cheaper which is good news for everyone

[superg1] 31/10/2014 19:14

This lithium tech sounds like a real pain for SQM and RB and anyone else in Lithium.

Enirgi Group Corporation ("Enirgi Group") today announced that its new proprietary lithium extraction technology has exceeded expectations.

KEY FEATURES OF THIS REVOLUTIONARY TECHNOLOGY

Produces lithium directly from unconcentrated raw brine at commercial volumes;
Radically reduces processing time from the conventional 500+ days to less than 24 hours;
Totally eliminates the need for capital intensive mega-evaporation pond infrastructure;
Reliably brings to the market high volumes of low cost predictable supply of high grade lithium;
Sets new industry benchmarks through superior extraction efficiencies; and
Potentially unlocks the value of other brine resources.
The technology was developed and validated by Enirgi Group's Applied Innovation Division, in partnership with the Australian Nuclear Science and Technology Organisation Minerals Division (ANSTO Minerals) at demonstration plant scale (1,500 tpa Lithium Carbonate Equivalent or "LCE").

"Enirgi Group's proprietary lithium extraction process is a game changer. It will release supply for pent up global demand for lithium by delivering high volume, low cost, reliable supply of lithium," said Wayne Richardson, President and CEO of Enirgi Group. "The technology will have significant implications for producers of lithium-based products by enabling them to plan for the future with confidence."

Enirgi Group's VP of Innovation and Technology, Cameron Stanton said, "The demonstration plant is able to extract lithium directly from unprocessed brine. We are not talking about technology that only produces small volumes from specific brines to just prove it can be done. This technology can be applied at high volumes and we are confident it can be applied to other brine resources. We plan to commence construction of an initial 50,000 tpa LCE plant at Enirgi Group's Salar del Rincon situated in Salta Province, Argentina in 2015 and to be in production in 2017."

Mr. Richardson said, "This technology will not only deliver one of the lowest costs of production for brine-based lithium resources, we estimate it will be up to 50% less than the processing costs of existing hard rock operations. The ability to extract lithium directly from brine is significant. It reduces processing time from conventional lithium brine extraction techniques through evaporation from an industry average 550 days to less than 24 hours. The technology de-risks production vulnerability of conventional extraction techniques to seismic and weather events. It also eliminates the need for mega-evaporation ponds and the associated capital required for construction and maintenance of the mega ponds."

The technology also dramatically increases the recovery rate compared to conventional extraction technologies. Mr. Richardson explained the significance of this feature: "Resource statements measure the amount of extractable lithium in a salar by reference to the recovery rates of conventional technologies. By increasing the yield and significantly reducing capital investment, our technology potentially unlocks the value of other lithium brine resources."

[engelo] 31/10/2014 14:04

thanks stevo. just filter please.

[arlington chetwynd talbot] 31/10/2014 11:46

It had, it was that Redstone, gave it solid earnings te fund the rest. I was wrong. Still might, didn't ramp it that much. Did I? Gave fair warning? You just love me being wrong, don't you? lol ;)

[stevo2011] 31/10/2014 11:42

But you were sly with it - ie saying that this company has great growth potential bla bla blaDress it up how you want.Last I will say on the matter

[arlington chetwynd talbot] 31/10/2014 11:35

Really? I look at numbers bud, I'm not sentimental ;)

I started it @3.85, it went te 6? then fell, and now 3, probably worth 1-2.

How is that hypercritical? It's fair & honest?

[stevo2011] 31/10/2014 11:23

Pointless netts - think you are being hypercritical over there though as you was ramping coms over 3 months ago under your previous mantel

[arlington chetwynd talbot] 31/10/2014 11:21

Yeah got shot of the scum... pay for once and you'll see ;)

Or... ????

[stevo2011] 31/10/2014 11:17

You got bored of coms eh netts , no one talking to you there and they have moved boards so only yourself to talk to - you need a hug ?

[arlington chetwynd talbot] 31/10/2014 11:07

...and Banks, you owe me £50k for this! ;)

[arlington chetwynd talbot] 31/10/2014 11:06

Banksy,

Took the 100 from Chris? lol

You paid too much... tell yer brokers te bid 30

[arlington chetwynd talbot] 31/10/2014 11:04

Oh please Graham, let's not have a SXX v this agenda? Have a word Spike ;)

[neddo] 31/10/2014 10:56

iof , disappointing s/p, good job the market is positive, ?

[che7win] 31/10/2014 09:25

Andy,
Sentiment misplaced here.

There are some dog stocks around like ULS, IOF isn't one of them.

[andy] 31/10/2014 08:28

roundup,

It's all about sentiment!


serratin,

But the lower the price goes and the more production coming online, the harder it's going to be for SXX to raise that huge finance required, IMO!

With the Russian rouble declining on FX markets, their receipts are in US$, so they can afford to lower the pirce and oush out production!

[superg1] 31/10/2014 07:48

SQM

Perhaps I should apologise to analysts. Details in the 2013 form 20 F would have told them a mine and plant had closed.

SQM only announced yesterday that it had been submitted ??? It's been on their website for months

SANTIAGO, Chile, Oct. 30, 2014 /PRNewswire/ -- Sociedad Quimica y Minera de Chile S.A. (SQM) (NYSE: SQM; Santiago Stock Exchange: SQM-A, SQM-B) announced today that it filed its Annual Report on Form 20-F for the year 2013 with the U.S. Securities and Exchange Commission on April 29, 2014. The Form 20-F is available on the Company's website (www.sqm.com).

[flyingbull] 31/10/2014 00:54

The November oil stock challenge is now on. Deadline for entries is midnight this Sunday!!! Good luck. fb

Enter your choices here please


Previous results

[engelo] 31/10/2014 00:48

1mad: agree re fracking. Russian theory interesting. Piece from OPEC here but think that even they have got the US fracking picture completely wrong.

[superg1] 30/10/2014 21:01

Monty

Such matters can take time from chats to the final product. However with Hal in particular the full cycle to point of signing has been done before.

I anticipate early interest will be good. Hal stated they are looking for reliable surface water supplies and the Missouri is the only one listed as all seasons reliable.