Iofina Share Discussion Threads

[pigeon1] 23/10/2013 22:41

Surely we get news soon on IO3 and latest at IO2?

Anyone any ideas?

[rogerbridge] 23/10/2013 22:10

Yes thanks all. Have made a few bob for the ISA.

[monty panesar] 23/10/2013 20:23

High 5's all round!!

[escapetohome] 23/10/2013 20:20

Well done Monty - Good tip!

[monty panesar] 23/10/2013 20:19

Me!!

Monty Panesar - 08 Jul 2013 - 16:35:49 - 572 of 753
It is worth taking a look at Angle(AGL) It looks as if they have a block buster product that is far superior to the Johnson and Johnson product Cellsearch.
The Parsonix system collects Circulating Tumor Cells and is an early detection product. The product is already in research institutions but should have EU Approval before end of year. Broker Cenkos have �2 pt verses current price 60p.

[escapetohome] 23/10/2013 20:13

and one other on this thread!

[engelo] 23/10/2013 19:21

Think VMH's answer will be 'nobody' :-)

[superg1] 23/10/2013 19:20

Aoth

I hope it goes on for a while yet as I enjoy the post.

Same time, same place, tomorrow. :-)

[n3tleylucas] 23/10/2013 19:11

Good to see you back mm3.

[angel of the north] 23/10/2013 19:07

It pi$$es me off!

[monkeymagic3] 23/10/2013 19:04

Spongebob?

[monty panesar] 23/10/2013 18:46

Big on going buyers I hope.

[crazycoops] 23/10/2013 18:39

Ennismore?

[croc8] 23/10/2013 18:25

Enlighten us VMH

[verymaryhinge] 23/10/2013 17:50

so who has an interest in making the close as low as possible ?

[bobsworth] 23/10/2013 16:35

Gosh it must be that leaking supply line dripping shares into the market again!

Still its churning away nicely as we eventually crawl up to new levels ahead of news.

[the fat controller] 23/10/2013 16:31

Nope! Another quick plummet at the close.
One day this will surprise us on the upside.
Tick tock, etc
TFC

[bobsworth] 23/10/2013 16:27

Now that's a bit better!

Let see if we can hold onto that small gain before close.

[escapetohome] 23/10/2013 16:24

Hi All
Another very good day for my AGL tip.

My tip is just a small token of my gratitude for sharing your thoughts with me on IOF, and keeping my interest up for a couple of years, so I kept hold of my IOF shares rather than sell them.

Escape

[superg1] 23/10/2013 13:08

Meadow it's far more simple than that.

beneficial need and demand (customers) means they can apply for a permit. Rights are not fully appropriated at this time.

In other words the bureau consider there is plenty of water to be appropriated at this time before they consider too much is being used.

That's why IOF are applying for rights in the normal way. The USFW swap and direct Atlantis supply are extra's that IOF could use in the future if the demand is there. That option will always be there.

On the flipside IOF applying for rights in the normal way, helps hasten the bureaus pulling the plug for further permits, which in theory ups the value of their rights swap deal, and Atlantis water. A no lose situation.

[meadow2] 23/10/2013 11:46

Re: water permit - Bearing in mind the power of the oil and gas industry in the USA, I think that it's just a matter of time, and not too much time at that!

[danster4] 23/10/2013 11:39

Many thanks crazycoops and SG.

[superg1] 23/10/2013 11:33

What Bob Shaver (recently retired) said on the subject a while back, note the last line. Also note this was pre the USGS announcing the 3 forks will double the oil in place.

The sales are raising uncomfortable questions in a region where fewer than 15 inches of rain falls each year. In many places, the nearest water is 1,000 feet down in a large aquifer that flows freely to the surface in low-lying areas. But it recharges slowly, and the level at which it flows without pumping is dropping more than a foot per year from overuse. Meanwhile, most of the fracking water comes from a series of smaller, shallower aquifers, some of which are already stretched to meet drinking and irrigation needs. The Missouri River has begun to provide some relief, though federal agencies are already tussling over the possible negative effects of withdrawals. To make matters worse, the fracking water ends up contaminated and must be injected thousands of feet underground, removing it from the hydrologic cycle.

There's plenty to supply the oil companies for now, says Bob Shaver, director of the water appropriations division for the Water Commission, which monitors the state's aquifers and regulates all surface and groundwater withdrawals. The best estimate for oil-field use is about 3 billion gallons, based on last year's activity, with demand projected to double over the next decade. But it's only a matter of time before the state's water is fully appropriated, he says, and any new use will have noticeable effects. That day is nearing as the oil rush drives population growth in rural areas with little infrastructure, further straining water supplies. McKenzie County, in the heart of the boom, has grown 20 percent in two years.

Each new depot draws more opposition from neighbors and other interests, Shaver says, highlighting the resource's increasing value -- and scarcity. "To me, water is going to be the oil of the 21st century."


NOTE the 3 billion gallons comment the actual for 2102 post that report was 5.4 billion gallons

WILLISTON - The oil industry used at least 5.4 billion gallons of water in North Dakota in 2012, a record high and at least a 75 percent increase over 2011, according to preliminary figures from the State Water Commission.


In many reports all the concern is about aquifer permits and there are many of them, as aquifers take a long time to replenish. Surface water permits like the Missouri are not an issue.


Bob Shaver, a hydrologist with the State Water Commission, said while it may seem like a lot of water, his agency is taking a conservative approach when it comes to approving water permits. Water sources are not being depleted, he said.

"Our management goal is to accommodate as much development as we can on a sustainable basis," Shaver said. "But we don't know what that sustainable amount is."

Because hydrologists need three or more years to know how an aquifer will respond, the commission tries to limit the amount of water drawn from an aquifer at first, Shaver said. After evaluating the aquifer, more water use may be permitted.

"There are probably more complaints that we're not getting water fast enough," Shaver said. "I'll live with that."

[tackems] 23/10/2013 11:18

I'm with you AotN but I'm hoping this will pay off my mortgage and like you I'm getting more confident...