Iofina Share Discussion Threads

[n3tleylucas] 04/6/2013 12:25

How many brokers are covering this?

[skylite] 04/6/2013 12:13

I know RK, I live on a cul de sac of bungalows. It's like going back to the 80s on a sunday when the old boys give their Rovers and Jags a spin. They're all in good nick though; that's the cars.

[the librarian] 04/6/2013 12:04

Just a bit of 3in1 oil for my servicing and the occasional puncture repair... very cheap! Nice to hear how the other half live though.

[warmsun] 04/6/2013 11:59

was said in jest rk...always happy to hear of people sorting car salesmen out!

[ramu kumar] 04/6/2013 11:51

Sorry warm, just got carried away. L2 anyone, TIA

[n3tleylucas] 04/6/2013 11:47

If there's a profit warning, how much will this fall? 50%? Margin call?

[warmsun] 04/6/2013 11:44

Gentlemen....gentlemen, please......on topic please or else I may have to filter you all !!! :)

[ramu kumar] 04/6/2013 11:41

Hey Sky, I don't know your age but some guys love their cars more as they get older! Something about second wives......

[superg1] 04/6/2013 11:22

Don't ask Rik how much it costs to service his car. Hopefully he'll bring it to the AGM and take us for a spin, it's a jaw dropper.

[skylite] 04/6/2013 11:22

Jeez he must love that car! It's costing him more than it's worth every couple of years to keep it on the road.

[ramu kumar] 04/6/2013 11:04

Sky, I take it to my local Audi dealer and was never charged because of the free offer. My colleague who has an older A5 averages about a grand every visit - this of course includes replacement parts etc.

[skylite] 04/6/2013 10:55

A grand for a service!! Where do you take it? I've never paid more than 240 quid for a full Audi one at the dealership with a full oil change.

[ramu kumar] 04/6/2013 10:41

SG, did you got the A5 - fantastic car. Mine is now 2 years and drives like new. You're right about servicing - each visit can easily top a grand and I was lucky then to pick the free serv offer.

[meadow2] 04/6/2013 10:40

Thanks superg, I take on board the chemistry info. Pity I don't need a new car! My daughter was once told that the finance company interest rate was cheaper than bank finance - I got her £200 compensation after threatening the salesman with the law.

[superg1] 04/6/2013 10:38

Gad

re

'Although novel an invention may be deemed not to be patentable if it could have been readily predicted by one skilled in the art from pre-existing information.'

It took IOF 5 years to crack the code with some of the best experts available in the iodine industry, their intial tech caused them major problems.

Dr. Becker was the former vice president of Research and Development at H&S/Iofina Chemical. Iofina bought H&S in July 2009. Dr. Becker has conducted extensive research in both inorganic and organic halogen based chemistry. Dr. Becker has written a magnitude of published technical papers in his career. Prior to H&S Dr. Becker worked as a Oak Ridge Scholar on behalf of the US EPA and for various other chemical manufacturing companies. Dr. Becker earned a BS in Chemistry from Indiana University, and a PhD in Chemistry from the University of Cincinnati. He has extensive experience in scale-up of chemical processes from laboratory to pilot to full scale production and is the inventor on several chemical patents/patent applications.


As I say I have it as a given, but only recently realised that many add weight to the patent approval. Recent digging, not posted, hasn't changed my view.


It's probably why Proactive investors called it 'alchemy' within the iodine industry. Producing iodine is not easy. I seem to recall someone on another thread saying the site acquisition news couldn't possibly be the Arysta site due to their renowned ability.

However they could not make it work profitably.

This Iosorb tech is ground-breaking within the industry and has zero emissions.

All other tech used in Japan and Chile is as 'dirty' as it gets. That tech was seen to be the only way, it is no longer the case.

[superg1] 04/6/2013 10:27

Meadow the inference is that they are just waiting for it to be granted near term.

I hadn't added any value to it, as to me it was a given. Tech that produces zero emissions against and little chemical use, against tech that uses lot's of harsh chemicals and produce deadly mustard gas, must be significantly different to warrant the issue of a patent.

I know for sure certain sectors that you would have thought knew about the Japanese tech, it's banning in the US, and restrictions on the amount they could produce, would have been known.

Until a few weeks back they had no idea, and had Japanese tech expansion in the US as a risk to IOF's expansion.

They seemed to have missed the fact completely that the Toyota connection went off to Chile to increase production and it's for the reason above. That and there lack of understanding of what is in OK.

Those that were lacking the knowledge are the one's closest to the heart of IOF, so anyone paying casual attention won't have the first clue about IOF.

Picking on Fat Prophets again, they had that sell half advice back in the 60p days, due to the costs and infrastructure needed for mining. ??????


Scrut did warn me very early on to ignore tip sheets, analysts, and any other supposed expert report.
It's almost fraudulent with of what some 'advice' reports include and certainly incompetent.

I had the view prior to investing that all would be known about all shares with analysts knowing them backwards. In truth it's much of it is no better than dealing with the worst performers in the second hand car industry.

On the second hand car side, I've been into 3 reputable main dealers recently, for new, and nearly new cars. All lied quite seriously about certain aspects, all of which in theory amount to criminal offences, but as I do my digging they were caught out there and then.

The best advice on any BB is to do your own research.

Oh and if you are looking to buy an Audi, take part finance and pick up 2 years free servicing.
They will tell you that you have to keep the finance in place for 6 months to qualify.

It's a load of bull, take the finance, then pay it off under the 7 day cooling off period (no exit fee). The 6 month qualifier is lie's to ensure your finance payments cover the service costs. You still get your 2 years servicing as the purchase/finance and servicing agreements are independent of each other.

(Sorry Nigel, but I know you won't be there much longer, lol, by choice).

[meadow2] 04/6/2013 10:23

Patents can be refused if the methods claimed for patent are not particularly new or essentially different to existing systems or 'special' to the applicants, as judged by the patents office.

[gadolinium] 04/6/2013 10:21

Supreme and Neddo.

Generally in these cases the final rejection was based on non-patentability over the prior art. Although novel an invention may be deemed not to be patentable if it could have been readily predicted by one skilled in the art from pre-existing information. As I have indicated the final rejection may be appealed (within 'I think' three months) of the decision. See below for more information.

http://www.invention-protection.com/ip/publications/docs/Final_Rejection_of_a_Patent_Application_What_to_Do.html

As I indicated previously I believe IOF are trying to keep a low profile on the patent front by not disclosing themselves as assignee on their patents, so I am somewhat reluctant to post on this topic except in general terms.

[neddo] 04/6/2013 10:07

why wouldn't these patents be approved, if refused , what have they infringed upon , for the refusal ?

[diggulden] 04/6/2013 10:04

That is where the tech AND the leases go hand in hand. We have the top leases in place so even if someone else does copy the tech, they will not have the premium sites that we have.

[superg1] 04/6/2013 09:58

It's no secret that I think FUM will do very well over the next 12/18 months.

Post CE mark for the first product it should see a 50% plus rise before the year end. If CSD launched early next year then it should be multiples of this current price next year.


On the short side just like on PDX, AVN and more recently OCG at £2 (dropped back), I found myself head scratching over Pure circle (PURE)

I could have made very decent returns by shorting AVN and PDX but I chose not to short.

Pure circle seems to be juts momentum play and seems to be getting well ahead of itself to me.

'Well ahead of itself' to me, is my basic rule of investing in shares that can match their share price in terms of profits within 12 to 18 months. IOF for example should do that by some margin hence to me the current price is quite some way behind the 6/12 months potential. FUM is also dropping into that 'rule' but needs the CE mark in a timely fashion (H2)

For pure circle though, I fail to see how they can get anywhere near what the share price represents, in that time frame.

So to me it's a momentum play, still on the rise, but looking like at some point soon in the future, will be heavily shorted. So for those that play it both ways, I'd keep an eye on that one.

[meadow2] 04/6/2013 09:52

With reference to patents: It is worth remembering that IOF do not need them in order to produce iodine (as they are doing), but to stop others from using Iofina's methods. IOF are so far ahead of the game, even if the patents are not granted, the overall negative effect, in my opinion, will not be great.

[superg1] 04/6/2013 09:30

On 250 with the recent 'supply' probably created by hedging/shorts that should keep it pegged back until decent news arrives. Unless of course serious buying starts on anticipation of good news.

I know we mention the shorts, but many are there betting IOF is just a momentum play, they been going in since below £2 and now it almost feels like up are in an average up situation, much like PI's investing averaging down. For them imo they are going to need luck, as all the research (some not posted) suggests they are going to need it. As each week passes we get closer to news that could significantly push the share price up. Some need to read about the CEO and his history, he is a shrewd investor, I know what his thoughts will be, re short positions.

So my thoughts on events that may appear to kick things on.

I 'suspect' one playing it the other way is doing so partly on a bet that no patent will arrive. However that is a blind bet based on no research, hence the mention of the likely patent arrival soon.

Io3/io4. We all know they are due soon, timely builds of those and evidence of it, will kick things on. From details it is apparent staff will be fully trained and ready to go on the roll out, as they will have been working on io2. io3 and 4 should therefore get up to speed in fairly quick time, assuming 30k bpd brines are available. With suspicions of at least 1mt per day from io2 on. 3 mt per day with io3 and 4 kicking in puts us near $1m profit per week in theory, based on the details available.


AGM presentations. Many doubt they will come over and just do the AGM, a few last time were first timers, I could name some but won't. So a few believe presentations will go on again from 19th June. Considering the water permit timeline was said to be 3 months it will be half done so they may have an indication of how that is going. Also that may indicate how things are looking re io3 to 6. News that things look good for the H2 roll out will be of great interest.

Water permits as above. That first one could be achieved in Q3 as indicated. applications for ND water.

I suspect IOF will get a mention soon elsewhere.

The Oil potential and helium have unknown timelines. Oil is obvious but many won't have noticed Linde, Air gas, Weil and others actively hunting out commercial helium. Most won't realise that with IOF are involved in speciality gases which already has them linked with some of those names.