Iofina Share Discussion Threads

[sandbag] 15/1/2014 07:29

Very good construction weather in OK:

[microcline] 15/1/2014 00:16

brhukatee

Shorting? I'm looking forward to a batting collapse.

[brhukatee] 14/1/2014 22:51

Any sort of water knockback is going to hit this for another six. It's all unravelling spectacularly here for this former AIM darling.

[bogg1e] 14/1/2014 21:49

Hi SG, im discounting water for now. I think it will probably happen, but the iodine is what i am focused on. Im thinking end feb cos that gives IOF 6 weeks to get IO4 and 5 completed ready for commissioning. Thats when i feel the market will take notice again.

[gadolinium] 14/1/2014 21:08

Looking at the Zauba website for Indian iodine imports for January I noticed three new deliveries booked on the 10th January for 7000, 2199 and 801 kg lots (total 10000 kg) of crude iodine imported from the United States. The price/kg was $51.66. I don't imagine this delivery was from Iofina, but it does illustrate the prices which US producers are presently commanding on the international market.

Looking back over 2013, US producers accounted for 4.5% ($13.4 mill) of Indian iodine imports by value. Others were Chile (71.7%, $220.44 mill), japan (11.3%, $34.9 mill) and Turkmenistan (5.6%, $17.12 mill).

Average monthly prices/kg in 2013 across all iodine grades varied between $62.13 in January to $41.91 in October (I am ignoring a curious dip to $2.07/kg for 130 kg in August).

[superg1] 14/1/2014 21:05

'Boggle - could all change at the end of Jan on water news'

Or before, you just can't tell with so many aspects

[serratia] 14/1/2014 20:57

Thanks for the replies the other day, I'm working through various financials. Does anyone have a link to the IOF production costs of $15-20/kg. Does anyone also have an e-mail link to either the FD or CEO ?

[n3tleylucas] 14/1/2014 19:43

GMP are here for a reason, and it's not to write research notes.

[timbo237] 14/1/2014 19:38

Boggle - could all change at the end of Jan on water news

[bogg1e] 14/1/2014 19:33

Thinking similar thoughts over the short term Netters. I think we shall have to wait til end february/beginning of march for the climb to be renewed in earnest.

[nixonpaul] 14/1/2014 17:40

I see the puppets are back, how predictable.

[n3tleylucas] 14/1/2014 17:34

Oh dear, s/t uptrend broken, this will now test support @76.5

[square1] 14/1/2014 17:32

News and delivery will be the key, as ever. Confidence in the Co is clearly dented by their failure to hit targets but confidence is a transient factor and delivery will turn the perceptions and the price, if and when it occurs, according to guidance. Lessons I believe have been learnt, so hopefully we'll get updates confirming targets met in due course. Until we hear the price is at the vagaries of sellers, buyers, shorters, rampers or whomever.

[n3tleylucas] 14/1/2014 17:26

What happened to your 100 support cheggers?

[uppompeii] 14/1/2014 17:23

phoenixs - I dont know, I had a good x run as I think did many others

[shonny] 14/1/2014 17:16

IOF and the rampers have been found out with their fantasy jam tomorrow predictions. No sensible investor will touch this with a bargepole now. I wouldn't be surprised if this fell another 5p tomorrow.

[phoenixs] 14/1/2014 16:28

uppompeii,...so yet again the real money will be made by institutions with deep pockets who have the funds to stay in until either the business pays dividends or is taken over.

[woodpeckers] 14/1/2014 16:27

A good rns would change that in an instant though. I suspect there are many waiting on the sidelines waiting to buy back/more.

[uppompeii] 14/1/2014 16:22

fresh - if as commentators have said this is/was a pi darling it probably stands that a lot of the price drive up was from the very same. Consequently the huge fall from the top will have taken many out or forced sales/closes. Likely many wouldn't touch it again no matter how cheap it appears. It can't be a coincidence that one of the busiest threads is now very very quiet.

[phoenixs] 14/1/2014 16:21

freshvoice. Agreed. I have quite a lot of these. Tempted to buy more at these levels, but I want to see whether company is now delivering.

[freshvoice] 14/1/2014 16:13

The price does make you feel something is not right, yet all the data says should be a lot more than this.
Low cost product in an expanding market.

What could not be as we believe?
Process can't roll out? Will see when IO4 and IO5 arrive.
Costs higher than expected?
If brine rate is a lot lower (due to oilers switching around)
If ppm are wrong.
Will see at next financial report
Competition is better than we thought?
NO CHILE IS IN TROUBLE.

The only conclusion is the market doesn't understand the story as told by IOF and Investec.

This must mean a buying opportunity.

[nashwan123] 14/1/2014 16:03

Feel I should top up at sub £1 but equally worried that its got this low! Will wait for positive update and pay more for that assurance; when/if it comes.

[freshvoice] 14/1/2014 16:03

Very low volumes still, new advisers haven't brought many buyers with them. :-(

[woodpeckers] 14/1/2014 16:02

upp - I'm just guessing really as I can't see why anyone would want to sell at the moment with possible new broker notes due, feedback from presentations and most importantly a possible award of the water permit.