Iofina Share Discussion Threads

[che7win] 19/9/2013 16:03

engelo 19 Sep'13 - 15:37 - 8560 of 8561 0 0

Yes, agreed, the market is regaining confidence IMHO.

[bobsworth] 19/9/2013 16:01

superg1

Been away overseas on business for last 2 weeks and not up to date on all key posts.

Any chance you can posts Bag's post number. TIA

[engelo] 19/9/2013 15:41

ansana: hadn't read your post: same hymn sheet imo! Are you going to PI presentation?

[engelo] 19/9/2013 15:37

che 8535: excellent take. As you say

"I do however like the statement today on IO#3. A deliberate slip out by the company ;-) That's what the market should and is reacting to."

The full deliberate slip is that they mentioned I04,5,6 also which implies confidence in all of these, and again tied in to the performance of the new CEO :-)

Expect more goodies being held in reserve for interims, ie I02, IOF Chem, perhaps even projections for I07 and 8.

Imo IOF are playing this very well, and confident that we are back in the Lance era for handling newsflow.

Which is just as well, as post interims there will be plenty more to come :-)

GLA: 3 more days :=)

[superg1] 19/9/2013 15:19

Bob

Bag made a good post re the extra costs for H1 as they have gone into a rapid roll out phase, so there will have been some spending going on in H1 with all the staff leases and various other bits. The chem div should have done fine yoy though v H1 last year.

H2 should see an increase in production so better than H1, plus they have that non-iodine related revenue kicking back in to some degree later this year, then in full for 2014 and 2015.

It's in an rns about 12/18motnhs back re a prior agreed break in the contract.

[ansana] 19/9/2013 15:19

From the company... Please remember don't forget,

"IO3-IO6 will not have any issues with brine volumes. We have more sampling
data on these sites than we did with IO2 and we are not worried about any
issues with receiving the necessary brine to produce.

I believe the market will be pleased with guidance provided in the 2013
interims in regards to both Iofina Resources and Iofina Chemical"

"I believe the markets will be pleased", I believe it too.

[bobsworth] 19/9/2013 14:54

Took me 3 attempts to top up!

Time to relax.

[noli] 19/9/2013 14:52

LOL, i was just going to post that sg.

[bobsworth] 19/9/2013 14:52

Short positions will be closing very soon with expected big operational news around the corner.

Fingers crossed Iofina's chemical division has continued to perform well in 1st 6 months and with all that raw imported iodine helped closed the gap towards profitability.

Shot in the arm for the share price will be confirmation that IO2#2 is back up to full production & more with it 8 new bore holes completed + commissioning of IOF#3 with IOF#4 on time to follow in 4 weeks and sites for IOF#5 & IOF#6 being prepared.

The Montana water rights approval will be the added bonus with expected production Q1/2 in 2014.

[superg1] 19/9/2013 14:45

Analysts forecast the Global Iodine market to grow at a CAGR of 3.56 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increased demand for iodine from developing countries. The Global Iodine market has also been witnessing an increase in the production capacities of major iodine producers.

However, the increasing capital expenditure required for iodine production could pose a challenge to the growth of this market.




Note that last line, we've been saying it all along, not a problem for IOF.


Oh and another SQM headache

[diggulden] 19/9/2013 14:43

Quite possibly Noli, I'm not aware of the exact details of the relationship between IOF and Viachem, but one would think that as IOC expands then there will be more products going to Viachem.

[noli] 19/9/2013 14:37

Just a thought dig, i wonder if ioc are expanding via viachem, i.e giving them more products to sell and ioc need an accountant in house at viachem.

[rickmay] 19/9/2013 14:31

Hammer Reversal on the stock which is very Bullish.Plus look's to be Breaking out.

[diggulden] 19/9/2013 14:31

Very true Noli, haven't got time to look into it at the moment but sounds like it could be Viachem.

[noli] 19/9/2013 14:29

Dig, it might be something to do with viachem/ioc as viachem are in Plano Texas and sell on behalf of ioc.

[diggulden] 19/9/2013 14:23

New Office Manager job post for US operations in Texas. Assuming it is us.

[superg1] 19/9/2013 14:18

Apols for engaging but they get busy on results with lies, some read them, so why not challenge them when you know it's complete tosh.

There is no point trying to guess what the market will do by applying personal expectations.

As I said recently, in a long chat with a significant investor, he wasn't concerned about CEO timings or delayed plants, just the business plan. So CEo appointed is big news only to those that seek that comfort. It does add confidence.

If they had appointed some big high flying CEO well known, that would have been big news, but I'd have been thinking the salary would wipe out the profits. You don't need Lewis Hamilton to push your trolley around the supermarket. It would be an expensive shopping trip if you did.

The whole point of many interested in IOF is the barriers to entry into the iodine sector. Lack of known commercial resources and then having the tech to produce it.

A few in recent years have gone to Chile to join in, but they are finding it tough, and nothing has gone to plan for any of them.

I repeat, Sirocco, general planned spends this year $34m plus $15m Q1 2014.

$51m with a hope to add 800mt at mid 30's opex. If they want seawater add another $50m but push up opex.

They simply can not compete with IOF.

Each plant, io2 on, looks set to add $10m to $20 revenue each. So on delivery for those in at higher prices, patience will more than pay off.


Don't forget that water permit. :-)

[rickmay] 19/9/2013 13:56

The start of a CHART -BREAK-OUT Next stop £2.This could move very,very quick now.If it holds the £1.50 tonight this will Rocket upto £2.

[bobsworth] 19/9/2013 13:29

Cheers King_roster_III

The stage is set!

[king_roster_iii] 19/9/2013 13:24

Well done Bobsworth,

Its beginning to feel like Spring 2013 again, a chill in the air but IOF on a warm zephyr floating gently upwards

[diggulden] 19/9/2013 13:23

Think we will have a good chance of a director share buy on interim day too. Will be in closed period at the moment but hopefully he can add to his holding next week.

[angel of the north] 19/9/2013 13:19

Happy days again!

[bobsworth] 19/9/2013 13:16

Looking forward to the coming weeks.

Just topped up with 10,458 shares!

[malachey] 19/9/2013 13:04

I will be very happy if we close over 150 today, which looks likely. If that happens then I don't think we'll see the 140's again.