Iofina Share Discussion Threads

[rogerbridge] 04/12/2013 08:47

Excellent news regarding the competition, thanks SG & CK.

[johncsimpson] 04/12/2013 08:42

55k buy . . . Going up Sir? Ist floor gentleman's underwear . . .

. . . . Just to your right Mr E.

[superg1] 04/12/2013 08:33

Let's see what happens to SCM bullmine, they have the biggest costs out there. They are my top pick to go bust, and I can't see how they can survive at these prices.

Especially as they are a volatile family set up, where tensions run high at the best of times.

On Algorta, if all they made in H1 was $10m, and they claim they will do 3000mt this year, where doe that fit in with costs.

If 1500mt, they were only making about $5 per kg and that was on higher prices than now. The truth is they seem to have only produced 1000mt in H1 and are talking BS re 3000mt.

That means $10 per kg profit, but again on higher prices than now.

A perfect storm for IOF, and Toyota Tsusho knowing exactly the high cost of getting involved in Chile.

2014 is the big year for iof it seems.

[orslega] 04/12/2013 08:29

good spot sg1, thanks

[king_roster_iii] 04/12/2013 08:27

Great read CK. Many thanks.

From their presentation at the end of September they had predicted production to be 2200 mt. Now its been slashed to 1000 mt !

IOF's will be significantly more than Sirroco's in 2014 - game on.

[superg1] 04/12/2013 08:26

In the last few weeks

SQM closed mines of around 3000mt

Sirocco pulled back on 1000 mt plans for next year, 500mt less production than this year.

Cosayach have pulled expansion plans and withdrawn applications.

ACF seemed to have a cancellation too and I'm working on that.

Algorta figures seemed to suggest they were lying about production figures this year (working on that too)

The market says it underpins the current price. What the market doesn't fully appreciate (due to limited private company data) is that some can't cope at this price and could go bust. With so much iodine apparently being withdrawn it seems to me prices will rise in the next few months.

Just 3 months ago they were all talking big production increases, which we new was BS and an own goal. Now a complete U turn as predicted. :-)

[johncsimpson] 04/12/2013 08:21

Brownie points SG . . .

[superg1] 04/12/2013 08:20

HA HA

TOLD YOU SO.


Sirocco mining overnight have slashed their intended production for 2014.

Reduced to 1000mt from the 2000 intended. 1500 this year

Things delayed until 2015

For those that do research it was obvious what was going to happen.

Sirocco collapse predicted for months.

Oh and by the way, the market is aware and has put a BUY IOF comment out. :-)

Who knows what will happen next, but as WE predicted, the Chile iodine producers are falling apart

[the librarian] 03/12/2013 18:46

madchick, there were plenty of retraces between the 20p and £1, i.e. I bought some at 42p and it moved back to 34p quicksmart and languished there for a while. QFI has started on it's retrace, with mostly PI buying the mm's will have some reservations and not take any risks on their profits. If insti's are interested, they will wait for an opportunity to buy in lower.

[bobbyshilling] 03/12/2013 17:54

roger well done. I spotted it later than you , but have my head above water there, but good to hold on to, as you say. I don't hold that many shares actually, but IOF is my biggest by a long way. I am of the view that it is hard to beat, so why not stay with it. We are fortunate to have some good/excellent contributors on the IOF main board, so combined with my own research too, I am happy with that situation. Good luck!

[rogerbridge] 03/12/2013 17:33

bobbyshilling, I have at 10 x as many IOF than QFI and I am very happy with IOF. QFI is a long term punt and even now a one bagger for me. Will let it run and see what happens re LONOs.

[festario] 03/12/2013 16:29

Yes...FV, and today it coincided with me top slicing some QFI profits, as a tumble set in over there.
A nice piece of bizzo!

[freshvoice] 03/12/2013 16:27

Aback to the 4.15 dive again on paper thin volumes.

[festario] 03/12/2013 16:19

Hmm, thought I would just take advantage of the usual 'end of day' spike down.

Another 3672 for me! Anywhere around this level is a fine price to buy in at.

[bobbyshilling] 03/12/2013 16:09

roger, madchick, looks like the fireworks have stopped for now over at qfi. The really big news will be the LONOs, but that could be mid next yearish. When (if) that comes through it should fly. As you say roger, huge prospects , but I am holding far more IOF; I feel more certain of their way forward, and we are within touching distance of news on water and ios4 & 5 early next year.

[garfield31] 03/12/2013 13:35

Sg1 will it be advertised generally? Boards like XEL have become very hard work to follow.

[johncsimpson] 03/12/2013 13:26

Rock on Tommy . . .

[superg1] 03/12/2013 12:57

Jcs

Just checked, it will appear and not in the too distant future.

[madchick] 03/12/2013 12:49

That's the problem - you can just never tell whether to chase or not. I am also watching QFI and feeling like I've missed it. But people could have watched IOF move from around 20p to £1 last year and there was never really any significant retrace (heaven forbid that it should ever happen now!). That's what makes shares so interesting, IMO, the sheer unpredictability of it.

[johncsimpson] 03/12/2013 10:54

crosseyed - have you tried Firefox plus Adblock? - see post 11843.

[crosseyed] 03/12/2013 10:44

Spike,

Like most users, I find ads, especially those with movement, extremely irritating. Not just those on the side but also those at top and bottom.

I have for many years adjusted the window size to obliterate the top/bottom ads. Sometimes the right-hand-side ad disappears if one narrows the window, but not always. Sometimes a wider ad is replaced by a narrower ad (usually about ADVFN) which just hides the post text when the window is further narrowed. Other times it disappears altogether. But I always think; why should I have to do that, especially being a bluey.

I use IE8 on an antiquated laptop with Windows XP. Quite adequate for my needs after many years though I expect that I shall be forced to "upgrade", ie pay for lots of facilities that I shall never use, before long.

c

[superg1] 03/12/2013 10:31

Johnc

I have it all down to ad revenue re pay per click. If posts contribute to revenue due to numbers then this site will never moderate/police posts.

If something useful did appear, with a decent backing, then there would be a bit of an exodus I suspect.

I doubt sites like this would try to match it, as if it is all to do with advertising revenue, then setting that up would cost, and revenues would go down. They make far too much elsewhere to worry about minor issues like threads.

[johncsimpson] 03/12/2013 10:22

SG (last paragraph 11846) oh how I wish.

Sadly, I can't find a 'real-time delivery' site as good as this so I persevere and put up with the occasional PM from ADVFN telling me of there latest tipping service for a fiver a month or whatever plus all the idiots and morons who post hereabouts.