Iofina Share Discussion Threads

[king_roster_iii] 05/6/2013 15:21

mmmm mini Isosorbs - sounds like the start of an advert for a new ice lolly

[diggulden] 05/6/2013 15:21

Bobsworth, the company are confident it will happen as per the recent job posts:

'FIELD CONSTRUCTION SUPERINTENDENT � IODINE EXTRACTION PLANTS



'The Company goal is to ensure that a three more new IoSorb (processing) plants are built and operating effectively and efficiently by the end of 2013�as well as four new plants a year constructed and put into operation each year in the immediate future. '

SG confirmed that the above statement doesn't include IO3 (assuming that is already being constructed). What better indication!

[the librarian] 05/6/2013 15:20

Thanks for that Robo, I do hope that the situation is clarified at the agm, maybe they haven't got the builds or changeover sorted from the previous 'wet's' yet?

[bobsworth] 05/6/2013 15:17

superg1

With 6 IOF# plants due for build and commissioning in 2013 and half the year gone and only 1 extra plant built and commissioned in 2013 (IOF#2), how confident are you that Iofina will build and commission the 4 outstanding plants in the remaining 6 months left?

[jonnyno1] 05/6/2013 15:03

i think to be fair we are looking at two icebergs, creating good market at these levels, who will win??? i think i know.

[superg1] 05/6/2013 15:03

I see no reason why the 'iceberg' should suddenly disappear, just normal trading at the moment as has been for a while on it's uptrend.

I'm sure we will like what we hear at the AGM re progress, just like we did at the presentations.

I've no idea if the CEO will turn up for the AGM, but I wouldn't like to bet against it.

[n3tleylucas] 05/6/2013 15:02

Ever really thought why they chose Stenna? For the junk bond? If they have resumed the dump ... you'll know why.

[diggulden] 05/6/2013 14:58

Maybe warmsun, all buys being absorbed without moving the price, so looks like iceberg at 242/242.5 is still in play.

[n3tleylucas] 05/6/2013 14:55

If stenna are selling again, this is going to be the biggest laugh ever ...

(save this post 1018)

[warmsun] 05/6/2013 14:53

dig, given the gap on the Offer from 243.25 up to 248, perhaps they have moved the iceberg up a tad?

[n3tleylucas] 05/6/2013 14:50

diggers, are you able to put the recent trades up too? retiree used to do it ... right hand side mate.

[roboben] 05/6/2013 14:49

Lib - I asked Jeff at the presentation how many minis they'd have producing this year and next. He said "One" for this year and moved on to the next question. Unfortunately, I didn't follow it up later.

[diggulden] 05/6/2013 14:46

Level 2 firming up now. Warmsun may be right with the icebergs gone, the next hour will tell.

[the librarian] 05/6/2013 14:43

Mmmmm mini Iosorbs... can't wait for them to kick in, although Jeff didn't apparently say a lot about them at the presentations, I hope they have seen the benefits of getting them up and running as quickly as the large plants rather than waiting. However if they do have a small team focussing on that aspect... maybe they have?

[scrutable] 05/6/2013 14:34

jbe

Coincidentally today's unexpected RNS from AAZ is very strong, and will do a lot for the share price - probably move it up by 20p, when it will still be cheap. But I lost two years hanging on to no effect, and life is too short to repeat mistakes. I agree that it is worth trading for a while.

Mining takes relatively more investment in cash and time than most other industries, gold (and PGMs) mining in particular. It must be a consequence of the very low concentration of gold in the rock hence the huge cost per ton and the long haul to recover the outlay. After studying this for several years I find gold mining only worth looking at closely when the world economy is threatened and the shares become a hedge against the dollar.

I confess to a short term position on Polymetals (POLY), which is well run, and expanding as fast as gold mining can. I made a mistake to enter when it was far higher - as protection against a crash in the dollar. Now I am still in for hope of recovery in arbitrage against the prejudice/discount against Russian stocks.

You might care to look at Sierra Rutile - a play on Titanium mining. The price of rutile (naturally occurring titanium oxide TiO2), quadrupled two years ago and SRX's version is the highest quality in the world. The price has held and the production development plan is showing a very high return (forward PE of 4, historical 6).

After years impoverished, the company is suddenly so cash rich that even after allround investment and modernisation it has signaled a dividend of half the excess cash flow. Not bad when production growth is likely to hold at 30%/pa for a few years yet. They just scoop the rutile off the beach in Sierra Leone at 125,000 tons/pa

[n3tleylucas] 05/6/2013 14:32

You're saying SCRUTABLE fell into my trap? No, he is no fool, and he's learning a lot about you guys & gals as he ... goes along.

[n3tleylucas] 05/6/2013 14:28

rybnikcat,

This goes back to the investor meeting mate, it's been brewing a while. It had to come out, they're using me as the spark ... I'm cool

[rybnikcat] 05/6/2013 14:25

Warrensearle - post 999

It is arrogant for you to attempt to dictate to Scrutable about not mentioning other shares here, especially as he was only defending himself from your 'ramping GDL' comment; which comment was breaking your own rule! Perhaps you should also try to lay down the law against superg1 and others who often mention other companies.

[diggulden] 05/6/2013 14:25

A welcome change of topic!

[superg1] 05/6/2013 14:21

Scrut a question was asked about apparent different treatment so I answered it.

As for GDL, again I think the small print has been missed. The same was said early in 2013 about being able to grab a chunk of CNPC wells being drilled this year.

The math doesn't stack up re the number of rigs they have to achieve that, or the supply time if they were to order new rigs.

On that thread test results were claimed to be out early Q1, the small print suggested it wouldn't be until H2, but as you know that point of view was not welcome on the thread.

Backing ground-breaking tech which claims to be able to change the Chinese Coal bed methane industry, is frightening imo, due to the history of Chinese IP theft.

Doing one well to test it with a state company, proves nothing whether the flow test is positive or negative. One well can't show it does work if positive, or doesn't work if negative. What it does do is show the Chinese exactly what the tech is, and how it works.

A very high risk share to invest in imo for that reason alone. Never mind the fact that the company were quite happy to allow investors to fly in on the back of a vague rns which had many believing test results would be out in early Q1.

A little research showed logically, that was impossible.

I wouldn't touch GDL with a barge pole due to the IP theft risk. VW did a JV for engines and soon found many of their protected engine parts in various Chinese cars.



I think it was Schlumberger that are in China on a JV, but they wanted a cut via a JV so if the tech theft went on at least they'd get some pay back via part ownership.

If GDL tech works in Chinese CBM, I will be absolutely amazed if the Chinese don't copy it. In fact if it's that good, the chances of them not copying it, are probably very remote.

My advice is get the H out of GDL, as it was a while back, at a higher price.

It might fly, but, it's far too high risk imo.

[n3tleylucas] 05/6/2013 14:13

"you will understand the benefit of ignoring posters that are undesirable on this BB. Whatever our views SG has set up this BB"

What benefit would that be then? Who's undesirable? No, this isn't SG's thread, it's ADVFN's.

What happened to the new private thread? How's that working out?

Funny how most of the criticism comes from non-fee paying "members" against the actual people who are paying for them! LOL ...

[peterz] 05/6/2013 14:09

Warren - you have made your point, clearly. I do not feel apologies necessary.

Scrutable - I understand your wish to clarify with posters. As you will understand the benefit of ignoring posters that are undesirable on this BB. Whatever our views SG has set up this BB and has made only one request which I feel is proper and is only fair to adhere too.

Incidently I really appreciate your knowledge and generosity in your occasional sharing of other company details for us less informed to then look at.

This is an exceptional BB with exceptional posters.

[hurricane.] 05/6/2013 14:06

Scrutable your in danger of coming across as a hypocrite.