Iofina Share Discussion Threads

[freshvoice] 12/8/2013 16:16

Bog
It will be you know who!

[bogg1e] 12/8/2013 15:05

SG cheers.

P.s How can one get a thumbs down for saying thankyou? lol.

[uppompeii] 12/8/2013 14:53

Hi SG, I don't disagree and am holding a lot in my sipp, but non pension ones I'm a little more careful with. I tend to trade with two mentalities, longer term pension where swings dont bother me, and personal ones which I wont develop any attachment to. If I see a downtrend in place irrespective of potential I'm more comfortable selling them and maybe missing a 10% bounce. Works for me. Most times...!

[warmsun] 12/8/2013 14:40

Intra-day reversal in the share price ...excellent!

[superg1] 12/8/2013 14:39

Hydrosorb = mini plants for the hyper/extremely high ppm's. The low bpd high ppm wells, bit still on low bpd they can contribute 50/100mt and more each, I've done the maths.

IOF said they have found multiple sites of extremely high ppm. Standard pods that deal with up to 6/8K bpd on any wells with very high ppm. Pod cost was said to be around $200k. Hydrosorb will be less, as they are smaller etc.

Pods could also assist plants that are getting brine above their capacity. I think they have 6 pods in the locker at the moment which they have had all along.

Where hydrosorb differs is that there is no need for the blow out process, it seems they have a technique to remove iodine straight from high ppm brine.


Maxsorb listed alongside pods in the rns, are units larger than 30k. as we know from the 2.1m to 4m tower comment, that would cover a range of 35k bpd to 120k bpd. My best guess for early one's would be 50k bpd as they mentioned that in a recent presentation.

A 100k bpd site lurks somewhere. I haven't dug around to look for it yet, but would probably find it with a bit of effort.

I imagine they will pursue that size nest year on.

[bogg1e] 12/8/2013 14:02

Yes, the "patent pending technologies" referred to I guess. I assume that IO plants, mini-pods and these two new technologies will have all brine sources, throughput volume and ppm variables covered. Are there other iodine sources being looked at which would require further innovations or patents, not that i have seen anything hinting at other sources mind you?

[orslega] 12/8/2013 14:01

boggle

"Can we safely assume then that Hydrsorb units will probably be similar to mini-plants, ie truck mounted, just involving a different technology to a standard pod?"

Could well be....but we have not been advised....

[orslega] 12/8/2013 13:58

and am assuming that as these are based on new and unique processes, further patent protection will be sought : )

[bogg1e] 12/8/2013 13:58

orslega cheers. Id collected quite a lot of notes and opinions on it and some of it lead down ambiguous lines of thoughts. Can we safely assume then that Hydrsorb units will probably be similar to mini-plants, ie truck mounted, just involving a different technology to a standard pod? Cheers.

[orslega] 12/8/2013 13:55

boggle - based on the latest operating statement - relevant extract below - they appear to be developing new technologies...so no, imo not generic marketing, so it would seem...

"Based on the Company's exploration and sampling program, Iofina has already identified several locations beyond the four committed sites. Through this on-going exploration, the Board is pleased to announce the discovery of multiple sites with extremely high iodine concentrations. The Company is developing a unique Hydrosorb processing unit to match the characteristics of these sites. This plant will be able to produce significant volumes of iodine without the expense of processing large water volumes. The Company is also in the process of developing its Mobile and MaxSorb units to meet the needs of additional production profiles"

[bogg1e] 12/8/2013 13:41

Back on topic, I just want to be absolutely sure of something regarding Maxsorb and hydrosorb. Are they new patent pending technologies or simply generic marketing names for standard technology? Ie is Hydrosorb a new technology or the new name mini-plants/pods will be marketed under? Similarly is Maxsorb a new technology or just the name given to a standard plant configuration processing 100k bpd? Silly question I know but i just want to get it right. Tia.

[bogg1e] 12/8/2013 13:32

Hi upp, I bought in at 224p after id heard about IOF on the QFI board and wont sell for a long time. In the mean time though i am placing further trades and taking shares as profit to get the break even down. Im hanging on in there for 130p-ish before buying in again.

[shonny] 12/8/2013 13:29

I'm sure there'll be plenty opportunities to buy much lower than this for any mugs so inclined.

[uppompeii] 12/8/2013 13:29

Bogg1e - also people selling to protect their gains. You have to respect the fact that not all are traders/bots. Some are selling because it is currently a sensible thing for them to do, as you have just conceded its 5 weeks to the interims and only a possibility of an update before then.
Though by your own reckoning you should be buying now as I would classify a drop from the 240s to the 130s as a major dip!

[bogg1e] 12/8/2013 13:20

We have 5 weeks to go before the interrims (TDWaterhouse have 17th september pencilled in), there is the possibility of operational/recruitment/water etc updates in the mean time however it is equally possible that the BoD may update the market with such news at the same time as the interrims. So until news is made available that changes market sentiment, the share price will get pushed around by traders/bots etc. I'm intending to buy into any major dip or flash crash should it occur again.

[bazzerp] 12/8/2013 13:13

SHONNY 12 Aug'13 - 12:37 - 6883 of 6886 1 0 (Filtered)

Microcline 12 Aug'13 - 12:56 - 6884 of 6886 0 0 (Filtered)

rhwillcol 12 Aug'13 - 13:00 - 6885 of 6886 0 0

"Tu quoque" to poster "S" above.

SHONNY 12 Aug'13 - 13:01 - 6886 of 6886 1 1 (Filtered)

[everybodywangchungtonight] 12/8/2013 13:13

Unfortunately the down trend is well intact, and this could easily test the flash crash intraday low before the end of the month.

Not what most want to hear, but will present a fantastic buying opportunity.
No advice intended.
EWCT

[shonny] 12/8/2013 13:01

Big boys sitting on big losses.

[rhwillcol] 12/8/2013 13:00

"Tu quoque" to poster "S" above.

[microcline] 12/8/2013 12:56

Shonny, in the nicest possible way please go and look after your widows and orphan shares and leave the likes of IOF to the big boys.

[shonny] 12/8/2013 12:37

Share price setting of for 130p now. Should get there by Friday if not sooner. The desperate rampers are still spewing out the same old garbage I see.

[bogg1e] 12/8/2013 10:42

edit: Just reread my notes. I'm rewriting them as i speak. I have condensed over 60 pages of notes into about 25 pages, but its getting difficult to keep information compartmentalised!! Balancing known information with probable information and trying to extract future revenue from it is giving me a headache!

[superg1] 12/8/2013 10:38

Lib

I keep thinking about delivery of io6 and on over the next 6/12 months and how that will impact Chile supply lines. If IOF have a customer lined up for 1600mt per year (US imports near 6000mt. mostly form Chile), then who is the supplier/s that will see a sudden drop in their business.

That will be a 'ping' indeed, as that simply doesn't happen in the iodine industry.

[testuser123] 12/8/2013 10:38

Just want to clarify a bit here. Potash and Nitrates are 2 different types of fertiliser component (they are the N and K in the NPK ratings on fertilisers). Potash (potassium salts) is the one which are currently being investigated for price fixing. There aren't any investigations going on regarding nitrates.

That said, Nitrates will never amount to much in the way of profits for Sirocco (or anyone else) because they are not in any way rare. Being composed of nitrogen and oxygen you can, literally, make them out of thin air (although the usual process is to create ammonia from natural gas and use that to make nitrates - see the haber bosch process).

So both revenue streams have issues with them, it's just different issues for different chemicals.