Iofina Share Discussion Threads

[1madmarky] 07/10/2013 19:16

If the US continue playing their game of bluff wrt their debt obligations. Then Ennis could be lucky.... But I think not.

[superg1] 07/10/2013 18:25

TFC

Trouble is the moment they try it we can see it via the reporting system, which I doubt is a very popular recent addition in that sector.

They can't say 'sorry guys, got that wrong' while others are short, now comes the smoke and mirrors imo. :-)


EDIT

I suspect they do, and post. We've probably been 'arguing' over a few points for months.

Once the water permit is awarded it will be 3-0 to the BB, with just 1 minute of time added on left.

[the fat controller] 07/10/2013 17:46

superg1,
That suggests that if they have any brains, then Ennis should be closing?!All they have to do is read this board!!
TFC

[superg1] 07/10/2013 17:30

Ennis won't be closing. Their first 2 reasons for the position have been proved wrong.

Item 3 on the menu is that IOF won't get a water permit.

As I pointed out a while back, there are laws that show if the criteria is met then they have to be given, a tick list.

IOF's tick list is complete hence the application says-:

'application correct, and COMPLETE'

So item 3 will be gone soon.

[the librarian] 07/10/2013 17:21

Welcome Norry 2.

Makes you wonder if ennis are the buyer... in a furtive way :-)

[monts12] 07/10/2013 17:11

orslega
board members have stated that they have no intention of listing in US.

[spike_1] 07/10/2013 16:42

I read somewhere the US presentations were for 2014

[orslega] 07/10/2013 16:41

engelo, many thanks. Was at London presentation but did not hear that Europe presentations were being postponed....hopefully only postponed short term.

But in some ways would much prefer US presentations as priority over European. After all, they aim to be largest US iodine producer - will be well received - reduce iodine import, less pressure on budgets, lol

And yes, they certainly have much higher PEs for growth companies : )

So dual listing within 18 months..

[engelo] 07/10/2013 16:21

orslega: Believe original plan was to present in London in w/c 24th and in Europe w/c 30th. Europe dates were then cancelled in favour of more presentations in the UK (London, Leeds, Edinburgh etc). My supposition (I don't know) is that the BoD would be back in the US last weekend. Don't think they would want to take any more time away from the action.

Another piece of news coming out of the presentations was that IOF have firm plans to present to US instis but don't know the timescale for this. They have higher PEs over there :-)

[norry2] 07/10/2013 16:13

Just joined the gang. 168.4p

[orslega] 07/10/2013 15:59

but at the same time, the share price has been holding reasonably well, so sells being soaked up...ie buyers happy to accumulate...on face of it doesn't look like a large seller or maybe drip feeding..

in any event, current share price pretty irrelevant in the scheme of things for longs...

be interesting to see some new buyers lining up after all the II/Fund presentations last week...guessing a weeks lead time for internal decision making...so later this week might get some positive response to those presentations...or maybe money being parked until US get their budget act sorted...

but intervening IO#3 update might kick start sp


...does anyone know if II presentations now finished?

[malachey] 07/10/2013 15:49

thanks for the updates retiree. I have L2, but your commentaries help me understand what I'm seeing, as I still have my L2 L-plates on.

[orslega] 07/10/2013 15:17

retiree - agreed but better 97% buying.....rather than 97% selling, lol

whilst there is a supply, doesn't appear to be in very great quantities...ADVFN currently showing 277,000 buys v 61,000 sells...whilst not the full picture, show trending on buy side

[hew] 07/10/2013 14:30

Show a little respect for fiddlers, please! YEE HAW!!

[orslega] 07/10/2013 14:22

Hargreaves Lansdown stats for this morning....formatting a problem but it reads that through HL, Iofina 3.28% as sells but 96.72 were buys.....someone interested!lol

Morning buy/sell ratios

(top 10 traded stocks)

The buy/sell ratios of the top 10 stocks traded through Hargreaves Lansdown this morning.


l
45.52% Lloyds Banking Group plc
l
54.48%

l
74.31% Tesco plc
l
25.69%

l
65.98% BP Plc
l
34.02%

l
62.37% Barclays plc
l
37.63%

l
31.43% GlaxoSmithKline plc
l
68.57%

l
35.29% Gulf Keystone Petroleum
l
64.71%

l
24.62% Unilever plc
l
75.38%

l
31.75% Royal Dutch Shell Plc B Shares
l
68.25%

l
3.28% Iofina
l
96.72%

l
50% Vodafone Group plc
l
50%
Sell Buy

[bobsworth] 07/10/2013 13:13

Mike
The USA impact on markets has been very significant - see Australian markets fell back again last night on lack of USA progress. I just hope and pray the yanks pull their fingers OUT soon & sign off their government budget and reset their debt ceiling by the 17th Oct deadline. A USA default on non payment of their debt interest will be a disaster.
More than happy to wait post 17th Oct for IOF#3 commissioning news + update on IO#4, 5 & 6.

[superg1] 07/10/2013 13:09

Spike well they said on 25th it will be built on time, so surely no issues re sorting that.

Generally they 1 to 2 weeks to run the brine through to get it optimised, and a decent idea on production and yield rates.

io2 may well have some decent increased rates of production to report about too.

[spike_1] 07/10/2013 13:00

Personally I wouldn't be surprised if the announcement for IO.3 came after the U.S. funding crisis is resolved (no more than 11 days away).

It also gives them time to get the plant up and running stably and be able to announce the bpd (barrels per day) throughput.

Best wishes - Mike

[dorset64] 07/10/2013 12:51

N3tley's an 'old time fiddler', perhaps he'll be able to report back.

Old time fiddlers at a livestock meeting... that surely spells danger!

[superg1] 07/10/2013 12:33

It looks like the trolls are having an event in Montana..... unless I have misinterpreted what it's about of course-:

Montana Standard

THREE FORKS - The Montana Old Time Fiddlers will hold the 6th annual Headwaters Fiddle Contest at the Headwaters Livestock Auction Barn, near .........

[superg1] 07/10/2013 12:29

ors

Midstates have generators in or going in too

[orslega] 07/10/2013 12:12

engelo, yes IOF are planning to install back up power generators, that is also covered in PI presentation...so they won't be reliant on third party electrical hiccups (which occurred earlier in the year and stifled production..)