Iofina Share Discussion Threads

[matrixtrader] 11/12/2013 10:45

new note just released

Investment Case-Unique iodine investment opportunity
Iofina offers a unique investment opportunity within the iodine industry. Iodine
fundamentals are set to remain attractive with Iofina excellently positioned as the
low cost producer. The shares offer a favourable risk/reward balance and with
compelling valuation merit investment.
The shares are trading on a 2015 PE and EV/EBITDA multiples of 12.1 and 10.1
respectively. The valuations overall compare most favourably with both the UK
oilfield services sector as well as the chemical sector.
Strategic issues – Production rollout to absorb market demand
Iofina is focused on establishing itself as a material producer of iodine and iodine
chemical derivatives through its three core businesses: Processing of mid‐stream
third party brine streams; Speciality Chemical division for vertical integration in
iodine derivatives and other halogens; Recycling of iodine using iodinated sidestreams
from waste chemical.
Iofina's immediate business strategy is to identify, develop, build, own and operate
iodine extraction plants currently focused in North America based on Iofina's WET®
IOsorb™ technology.
The key business growth driver is co‐produced brine water from third party natural
gas and oil wells which drives iodine production, which in turn drives the chemical
business and allows iodine recycling. Plant IO#1 and IO#2 provide the blueprint for a
rapid rollout of many plants thus enabling a potential of triple digit growth over the
coming years. The IO#1 plant was commissioned in late August 2012 and the IO#2
plant successfully commissioned in January 2013. Construction of IO#3 has been
completed and is now in production.
Locations for IO#4, IO#5 and IO#6 have been selected and procurement of plant
equipment is largely complete and site leasing is in progress. IO#4, IO#5 and IO#6
were scheduled for completion in Q4 2013 but timeframe is now Q1 2014. With
these plants fully operational annualised production will be around 700-1000mt of
crystallised iodine. Planning for additional plants in 2014 is being currently
undertaken.
Recent interims revealed record revenues at $11.6m and losses of $124,410 and a
cash balance of $16.2m following the $15m convertible bond issue in May 2013.
Iodine industry fundamentals are set to remain attractive with tight supply/demand
balances forecasted. Prices should remain around $55/kg even though prices havehave
eased slightly in recent weeks. (Sirocco Mining has announced production cutbacks

[nixonpaul] 11/12/2013 10:38

Thick skinned too

[shonny] 11/12/2013 10:28

Beware the rampers. Buy this at your peril.

[orslega] 11/12/2013 09:31

well CF won't be happy being under water on his last tranche at £1.50....what an opportunity imo....add if possible and sit it out...

[n3tleylucas] 11/12/2013 09:23

Swing a chart up titus bud... take it Dee Dee

[che7win] 11/12/2013 09:22

Nixon,
Ignore him, he deramps to get in cheap on trades.

[nixonpaul] 11/12/2013 09:15

Jeez, what a creep

[shonny] 11/12/2013 08:49

Looks like my prediction is on course. Already closer to £1 than £2 and still heading south. Merry Xmas rampers.

[woodpeckers] 11/12/2013 08:23

I've noticed that the "current" price and hence the % up/down tends to often only get updated when it's a sell with Iofina. I presume this is a mm game to try to scare PIs into thinking that the price is dropping more than it really is? If so, it's a little frightening how stupid they think people are!

[ansana] 11/12/2013 08:22

US politicians agree deal to avert another shutdown
07.30 US Business Editor Katherine Rushton reports on a US government spending deal agreed late last night between Republicans and Democrats.

[warmsun] 11/12/2013 08:21

Is it possible that one of the reasons for the constant drop is that people are still spread betting this (something I have never or would never do with any share)and the MMs know they can pick up shares by way of a large drop in the share price from time to time? If so, people...stop with the SBs...please!

[escapetohome] 11/12/2013 08:02

Theres yer chance - grab em shares -down 2p?

[orslega] 11/12/2013 07:59

Croc8 - entirely agree. Investors just need to focus on the fundamentals and value will out. Many here will have seen this scenario before, many times no doubt.

[woodpeckers] 11/12/2013 07:55

Hope Ennismore have seen this (stolen from spiritfinder on TLDH):

"What we're seeing is the potential for a perfect storm of short-covering and reallocation heading into 2014."

[croc8] 11/12/2013 07:50

So my question to investors here is, what has changed?

We have patented technology that allows the extraction of iodine from brines at an opex lower than any other in the industry.

Our competitors are closing down production, where we are able to increase ours, and take advantage.

Our capex for our equipment is very low compared to our competitors, who cannot grow their production, even if they wanted to.

We have secured a very large number of brine leases across a wide area, where iodine has been proven to be present at a high level. This excludes any competitor from extracting iodine in those areas, ad infinitum.

Our biggest non-fund shareholders are either on the BOD or very close to the board, and they have not sold any shares.

We have the water news pending, and according to phones calls I have made to the public body processing the application, it is progressing well.

All this remains the same.

The only major change over the past few months is the one pointed out regularly by Lib. Whilst PI's offload their shares the II's keep hovering them up. Why do you think that is?

As I have said before, be patient, and Iofina will deliver.

[freshvoice] 11/12/2013 00:45

I thinking have hit a record for the most filtered on one page!

[n3tleylucas] 11/12/2013 00:42

Unusually bearish tones H? You swinging 135-150 too bud?

[freshvoice] 11/12/2013 00:21

May be a big drop but the number of shares traded is still very low, it's the MM calling the tune, not a large number of people bailing out.

[hurricane.] 11/12/2013 00:11

Derampers having a party in their pants. JonnyBig Abit premature on Netley :)

[n3tleylucas] 10/12/2013 23:53

So this won't go to 135?

[cool hand kev] 10/12/2013 23:42

more listed buys than sells this is just a MM shake out preparing for the xmas rally

[n3tleylucas] 10/12/2013 23:18

posted a few tonight bud... the 1st? Saints? Oh punk band from oz, they were okay too, but it was short lived, had to be. They were good though, 76/77.

They were more akin to The Ramones than the Pistols or The Clash... and rightly so lol

good

[bogg1e] 10/12/2013 23:12

That first link you posted is ..I dunno..its a bit like Lou Reeds meets Interpol. Hmmm.

[n3tleylucas] 10/12/2013 23:10

Best Av's bog?

[n3tleylucas] 10/12/2013 23:06

got that in a 2 x 10'' pack somewhere Bog! LOL... x