Iofina Share Discussion Threads

[killerbudgie] 02/1/2014 10:08

Does anyone know what is happening with Ennismore?

[captain_kurt] 02/1/2014 10:06

With the way L2 is shaping, it won't be long before we are over £1 again

[engelo] 02/1/2014 10:03

Zac sold a few early on imo, picked up by grateful bargain hunters.

[sandbag] 01/1/2014 23:24

leecoyote
1 Jan'14 - 19:01 - 14260 of 14280 1 1

One of Zak Mir's shorts for 2014...
--------------------
Funnily enough one of his other shorts (Imagination Technologies) is the top tip for Christopher Williams of the Telegraph

[count chris] 01/1/2014 22:49

Sorry guys - when you submit it says it hasn't worked so you go back and try again - repeat until penny drops!

[count chris] 01/1/2014 22:46

Thanks Bogg1e - glad I asked. Do they plan to increase their capacity to produce derivatives as production increases or simply sell the excess?

[freshvoice] 01/1/2014 22:34

Why are recent posts repeating. Repeating?

[freshvoice] 01/1/2014 22:34

Why are recent posts repeating. Repeating?

[hurricane.] 01/1/2014 22:28

hxxp://www.storyleak.com/government-stockpiling-iodine-fukushima-meltdown/

hxxp://rt.com/news/fukushima-steam-nuclear-reactor-064/

[hurricane.] 01/1/2014 22:28

hxxp://www.storyleak.com/government-stockpiling-iodine-fukushima-meltdown/

[hurricane.] 01/1/2014 22:28

hxxp://www.storyleak.com/government-stockpiling-iodine-fukushima-meltdown/

[engelo] 01/1/2014 22:07

Rock Star 14247

Thanks for a good resume of the bear and bull cases here, succinct and to the point.

Some very helpful details of which I was unaware and hope you don't mind being repeated:

"On the cashflow side of things one positive thing for IOF is that for the chemicals division the first 4 months of the calender year are always the best for cashflow as new financial year deliveries are made. Also worth noting IOF's customers are generally large multi-nationals so late/non payment is not an issue."

"I still expect cash balances to bottom in Feb/March. This will probably depend on the exact timings of the first shipments of iodine cake. These payments will be relatively lumpy in size and likely in units of around $800,000 due to shipment sizes being 18mt-ie. one containers worth."

"IOF were sensible when they issued the convertible with Stena Investments that they raised around double the amount of cash they thought they needed."

My only real worry atm was about the cash position and your post has provided massive reassurance.

Assuming you are right that cash balances will bottom in Feb/March the old era of 'funding the rollout' comes to an end and the new era of 'what are we going to spend all this money on' begins :-)

[superg1] 01/1/2014 21:37

Just found a nice document for one of the official commissions in Chile.

It lists many of the exports including iodine.

On their graph for 2013, based on their own export data, they have iodine exports higher for 2013 than in 2012.

So much for any hint of a decline in demand.

[ansana] 01/1/2014 20:17

Shall I repeat my post as many times as he has posted the link? no maybe not, bad idea

[ansana] 01/1/2014 20:12

Sandbag an interesting read he has to be graded F according to the descriptors. Knows nothing and just keeps posting a link. Bless.

[ansana] 01/1/2014 20:12

Sandbag an interesting read he has to be graded F according to the descriptors. Knows nothing and just keeps posting a link. Bless.

[sandbag] 01/1/2014 19:55

Sorry,

Don't know how the post repeated itself.

[sandbag] 01/1/2014 19:55

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[sandbag] 01/1/2014 19:53

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[sandbag] 01/1/2014 19:53

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[sandbag] 01/1/2014 19:52

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[sandbag] 01/1/2014 19:52

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[sandbag] 01/1/2014 19:52

For anyone who hasn't read it or as a reminder to all of us-
The Bashers Handbook