Iofina Share Discussion Threads

[hitsha3] 23/6/2013 17:46

SG, so are we going to be taken over very soon?

[madchick] 23/6/2013 17:38

superg - I'm a bit curious as to why this new potential suitor now makes you feel that IOF will sell up the iodine side when other big potential suitors did not previously make you feel so confident on that view? As you've pointed out before, other potential interested parties are huge, so it can't be market cap?? I just don't follow the logic in your change of view. If it's something you can't say, just say so here and that's fine! Many thanks. Or have I misunderstood and you are speculating that "interest" will be shown earlier than we may think rather than that IOF will accept any offer?

[battery] 23/6/2013 17:34

Bobbyshilling. Ref your 3107

IOF use 42 US gallons per barrel - the O&G size not a water barrel.
That works out to be 159 litres of brine per barrel.

[chrisis33] 23/6/2013 16:31

Was just scouting through the boards - and was curious so thought I'd ask. No position here, but I read the discussion from time to time.

[chr1sjs] 23/6/2013 16:29

chrisis33 - I emailed Investor relations on June 1 & still awaiting a reply

[n3tleylucas] 23/6/2013 16:25

Presentation not on the website? Look, the reason is as likely to be lack of gumption or tardiness than secrecy. If the website updater is who I think it is, then that guy has various tasks, and he's actually breaking a couple of rule 26's as we post.

[n3tleylucas] 23/6/2013 16:20

Yeah SCRUTABLE!

Behave, and do what these non-subscribers tell you! lol

[chrisis33] 23/6/2013 16:19

Chr1sJS
23 Jun'13 - 15:50 - 3115 of 3119 0 0

Hi Scrutable - I recently (June 14) asked sameish question about presentation/s availability and got the "iodine world can be secretive, so don't publish" response from superg1. Seems a strange strategy to me .... Why give a presentation then hide it from public view? Beats my comprehension.

----------

Why not ask the company directly, rather than a BB poster??

[warrensearle] 23/6/2013 16:16

Can you also stop mentioning ASOS and Warren Buffett at every opportunity straight out of the rampers handbook that one

[n3tleylucas] 23/6/2013 16:08

Philosophy eh? Okay, I'll assume it has been asked and the reason we've heard nowt is because it's a no-no.

If it hasn't been asked? Then I'm assuming nobody bar us has spotted the obvious. It has been staring us in the face for ages.

[freshvoice] 23/6/2013 16:06

SCRUTABLE
As a blue subscriber PLEASE carry on your chats with nutter3 by pm rather than clutter up this board like the last one. We are not interested in his discussion on linear time or whatever.

Thanks

[uppompeii] 23/6/2013 16:01

According to the Dr., time is all "bumpy wumpy"...and he should know.

[chr1sjs] 23/6/2013 15:50

Hi Scrutable - I recently (June 14) asked sameish question about presentation/s availability and got the "iodine world can be secretive, so don't publish" response from superg1. Seems a strange strategy to me .... Why give a presentation then hide it from public view? Beats my comprehension.

[scrutable] 23/6/2013 15:28

netley 3098
why hasn't anybody previously done what they have now just done?
Is time linear and in only one direction?

[dropside] 23/6/2013 15:22

bobbyshilling - thank you for the clarification. I agree they must be quoting ppms by weight. If they were doing it by volume they would be understating the actual production by nearly 5x, in which case on Monday I am selling the house and putting the lot in here!

[scrutable] 23/6/2013 15:19

I wanted to send the May presentation to several close friends today but cannot find it on the company site - nor even download any of them - though annual reports etc are all accessible.

Can anyone explain, or help by giving me a link? Is it embargoed?

[worraps] 23/6/2013 15:10

square1.... Why are you continually trying to control what everyone would like to say on here?

I for one am enjoying all these discussions, it's good to hear so many points of view coming from all aspects. I thought that's what bulletin boards were for? No-one is being offensive or rude or anything, it's just all speculative chatter, harmless and interesting as far as I'm concerned, and enlightening too, for those of us who aren't so good at 'digging' as superg etc.

[angel of the north] 23/6/2013 15:10

hxxp://www.mississippi-lime-produced-water-2013.com/

hxxp://www.american-business-conferences.com/c139/mississippi-lime-production-and-produced-water-2013/

hxxp://www.mississippi-lime-produced-water-2013.com/3/agenda/23/recovery-optimization-for-production-professionals/

Iofina to attend and Sponsor conference on 26th and 27th June 2013.
Iofina President forest Dorn to address the conference.

[bobbyshilling] 23/6/2013 15:08

Just looked at some tables and 1 cubic metre of liquid iodine weighs 4927.28kg.

If ppms were quoted by volumes instead of weight, then indeed Dropside you are correct, but I consider it must be weight because of the numbers the board are themselves using. If it were volume then WOWWWWW, but am pretty sure it is weight.

[square1] 23/6/2013 15:05

One more try!!- the number of daily posts speculating at things way off and making all sorts of claims is making this stock very attractive to shorters. The talk essentially says nothing just trying to talk things up, The price will look after itself over time, I would ask that people think about whether they have something real to say before posting, as I suspect you're working against your own self interest in most of what is being posted.

[bobbyshilling] 23/6/2013 14:42

Dropside, re: calcs

There are 31.5 gallons of fresh water to one barrel in most US states. Approx 264 gallons in a cubic meter. 1cu mtr water weighs 1mt (1000kg) at 4deg C.

30,000bpd X 31.5 / 264 = 3580mt (approx).

At 300ppm iodine = 1.07mt (This assumes ppm are by weight, and not volume).

Hope this helps.

EDIT: There is another probably more exact formula on IOF website.

[scrutable] 23/6/2013 14:08

please note that the further fall in the price of gold to below $1300 for the first time since Oct 2010 has effectively raised the value of the $. We will now get 65p for each $ earned - roughly 8% more than 60p a year or two ago worth 16p on the share price

[dropside] 23/6/2013 14:03

Sorry, I'm a bit of a newbie round here, but I can't see where the oft-quoted numbers are coming from or what the assumptions are behind them, I hope someone can help me!

For example, most would agree that IO2 should achieve 1Mt per day based on 30,000 bbls per day and 300-400 ppm.

Well doing the calculation myself, I get 30,000 bbls = 3577 cubic metres. At 300 ppm then we get 1.07 cubic metres of Iodine. 1 cubic metres weighs 4927Kg , so in total we get 5.27 tonnes, not 1 tonne!

Maybe I am doing the calculation wrongly. I wonder though if some base figures for actual iodine produced have come from the company and everyone is just flexing these original numbers for ppms, bbls of water etc. In this case the company's assumptions in these original figures become quite interesting. For example, they may already have included operating efficiency or downtime so there is no need to apply these again ourselves.

This stuff may have already been gone though, apologies, but would appreciate any thoughts..

[scrutable] 23/6/2013 13:51

naphar -
your point Lance/royalties - my impression from talking to Dr Fay that $12/kg covers it all including royalties though it surely can't cover the Cost-of-Sales of IOF-C.

That is the figure I have used to arrive at for exit rate at 31 Dec 2014:
minimum annual profits of £89-119m (300mT/pa per plant)and add pro rata for upside success towards 400-450mT/pa as the evidence unrolls.

[bogg1e] 23/6/2013 13:35

Fair play. I wouldn't want to see iof spread their reserves too thin though or become bogged down by constantly shifting focus, even if each company is self managing, its still adding complexity at a time when a simpler, more focused approach will yield better results on the bank sheet, but only in the near term. I would love to see them dodge an offer and go full steam ahead on as many viable profitable fronts as is manageable. That would raise a few eyebrows for potential suitors.