Iofina Share Discussion Threads

[peterz] 25/6/2013 23:21

Blimey, glad I didnt ask :-)

[titus10] 25/6/2013 22:55

Sorry cyberbub. Try Mystic Meg. And DYOR.

[hitsha3] 25/6/2013 22:55

Right, thanks SG.

[superg1] 25/6/2013 22:51

hitsha

I think 2.5 million acres plus is plenty myself. (Chesa, Sandridge, Devon and Mid-states already done.).

Glad to see a few are leveling with Bag.

There is a difference between those with a cautious approach and muppets. Sometimes the line between the two is hard to spot. All you can do is let it run to a point where engagement is futile, and you know/suspect their motives. Poor old Sab had a 'beating' too, just blind bad timing for him on posts.

Oh by the way, played some golf today, drive sorted, so now up for 50p bets.

TFC has the perfect venue.

[cyberbub] 25/6/2013 22:47

Titus10, after IOF do you have any other suggesitons for a stock about to do an Elliot 5-up-wave 10-bagger?? :-)

[titus10] 25/6/2013 22:43

awolagain (3744)

If I could readily post charts from the platforms I use to this BB I would. Child's play no doubt for the latest generation but at 83 when every remaining minute is valuable, wrestling with 2 more new applications across 2 operating systems because copy & paste doesn't work is not attractive.

See my posts 3143 & 3741 here.

[hitsha3] 25/6/2013 22:37

Might sign some deals.

[che7win] 25/6/2013 22:17

On the roll out, there are teams in place that should be able to expedite the process:

"Specific project teams have been set up to manage the rollout of additional plants and the mobile units. Iofina has in place a broad depth of experienced personnel who have learned greatly from the IO#1 and IO#2 plants and will lead these efforts".

[baguette] 25/6/2013 21:03

Lib You of course are spot on. Cheers

[monty panesar] 25/6/2013 20:27

Apologies Lib.

I feel sorry for those who have been stop lossed out on what is a fantastic company. I feel really sorry for those who are new to spread betting/leveraged products as seemingly time and time again people lose a fortune by being margined out at the bottom of the market. It puts people off investing in interesting smaller companies like this and is bad for the market as a whole.

I am long in the tooth but was alway told you should never borrow to buy shares.

[the librarian] 25/6/2013 20:18

Hey Monty, I'm trying to stay out of the argument :-), it is true that I don't like the volatility and going to unsustainable highs in the short term, don't mind the shares being a little ahead of themselves that is what investing for the future seems to be all about.

All things in moderation, nothing wrong with leveraged positions as with all types of trading (including shorty :-)) and the methods that people use to increase their financial position.

Everything involved in shares makes the market what it is, so it needs s/b's, shorters, longs, day traders, rampers, derampers, daft statement I know, but all are needed are they not?

Now that BAG has explained his previous roles in life I can understand his reticence and impatience, want to get in there and sort it out, don't you BAG :-)

They are on track, the share price is on track, just patience required.

[spike_1] 25/6/2013 19:15

RUGRATZ: your post 3758 is astonishing and puts into perspective our 'suffering' over the last few days.

As ever your delving is magnificent. Best wishes - Mike

[monty panesar] 25/6/2013 19:10

I have been here over a year and so am a happy investor. I would prefer a steady appreciation of price rather the volatility that the leveraged positions invariably cause. I think Lib will agree with me! I am very enthusiastic about H2.

[ramu kumar] 25/6/2013 18:55

Monty, not sure if it has been totally eradicated. Many experienced investors managed to get back in at lower prices - see Dorset's excellent post 3568.

[monty panesar] 25/6/2013 18:43

Not sure whether to call it a healthy shakeout is the right way to say it but the leveraged position has been largely eradicated which personally makes me happier as a longer term investor.

[peterz] 25/6/2013 18:24

Baguette.

Your points regarding a need for clarity of who is doing what, and a sense of unease about several points associated with certainty in management is recognised by some already. They have made mistakes.

From my point of view does this detract from the company fundamentals or whether they will achieve the goals driven by Lance. I think they will do all that is necessary (supported and directed by II and SG and co) to keep the company on track and (eventually)give the info that will move the share price of course it will help them and us when a new CEO is announced.

[rugrat2] 25/6/2013 18:18

Testuser

I found this accident report re Woodward Iodine some time ago - just underlines how dangerous their chemicals can be if procedures are not in place and followed.


hxxp://www.osha.gov/pls/imis/establishment.inspection_detail?id=313693475

[noli] 25/6/2013 18:14

Baguette, we will rise without doubt, anyone who fully understands what is going on will be in the same mind set. Plenty is going on in the background, i bet the landman is run off his/her feet.

On staff hiring alone i must have seen another 8 or 10 jobs advertised only a few days ago, the rollout continues in OK rather than Texas, different areas need different paperwork, i.e Texas v Oklahoma, training all the plant operators/chemists/engineers, no doubt all training on IO#2.

There is plenty of good news to come and a challenge here or there for iof, new FRP to be installed, this should be a quicker build time than titanium, however its a new plant/material so teething problems may exist.

One thing we all need to remember, these plants are still being tweeked and as the standard plant size rolls out, i would still expect iof to upgrade them where possible as per IO#1 V IO#2.

Moving to FRP was a great move by iof, as these plants are much much cheaper by all accounts compared to titanium.

Overall i am very happy the way things are going and i believe we will have a great second half to the year and a much better year next year.

[bobsworth] 25/6/2013 18:12

Bagutte appreciate your questions but who knows if the shareprice will go back upto where it was without news.
If we truely believe in the potential of Iofina and we are happy to take a medium to longterm view we should, like some institutions, be taking advantage of this drop in shareprice. As for Iofina management, having spoken to the current key players at the AGM I was very very impressed with them. All they need now is a new CEO to lead them and the company to totally fulfil their excellent business plan. AIMHO and topped up again.

[dcgray21] 25/6/2013 18:12

Jamonit - LOL ...first sentence as well...Thanks

[baguette] 25/6/2013 17:51

Skylite we all see things from different perspectives. Where I differ from a number of others is that for me yesterday cannot be written off as just a mugging. I predicted that the share price could well drop to possibly 1.20/1.30 - not foreseeing the traumatic events of yesterday, that was a massive shock to us all, but just reflecting my own feelings which I have now expressed several times in the last day or so, that for me there is an overriding feeling of limbo, vacuum, inactivity behind the current plan.

Only providing some more detailed understanding of who is doing what plus some actual deliverables rather than promises and excuses will get the share price to recover. Yes the 1.20/1.30 was the bottom end of my thinking but in fact where we are today (1.60) is nearer to me than many who thought it would bounce straight back above 2.00.

Does anyone here believe that the current price will change significantly upwards until some deliverable is achieved I doubt that.

Thats quite enough from me

[rogerbridge] 25/6/2013 17:37

Ouch, I have just arrived home from holiday and did not have the laptop on yesterday. Probably for the best. Although I have made several purchases around the 35-45p mark, I also topped up along the way and my last top up was around £2. I am still well ahead, but it hurts and sorry to those who have only purchased recently.
Having skipped through a few hundred posts, it appears that the end game has not changed. My SIPP and share account are looking very sorry compared with a couple of weeks ago and I am sure that my phone will be ringing as soon as some investors know that I am home, having suggested that they invest in IOF.

I will have to consider whether to sell some other stocks to take advantage of this very low share price, or wait for another rns. I am investing for the long term and a strategy that has always paid off for me in the past is to buy when there is blood on the streets. It looks as though at least one institution is doing that.
On balance I think I may just purchase a few more.