Iofina Share Discussion Threads

[superg1] 25/3/2014 07:22

A story from AP Mobile:

Chileans worry over string of 300 quakes in north

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SANTIAGO, Chile (AP) - More than 300 earthquakes have shaken Chile's far-northern coast the past week, keeping people on edge as scientists say there is no way to tell if the unusual string of tremors is a harbinger of an impending disaster.

The unnerving activity began with a strong magnitude-6.7 quake on March 16 that caused more than 100,000 people to briefly evacuate low-lying areas, ...

Published: Yesterday


SANTIAGO, Chile (AP) - British mining company Anglo American Plc has halted operations at its Los Bronces copper mine in Chile, saying it wants to guarantee safety of its employees after violent protests by contractors.

Los Bronces is in the Andes cordillera 65 kilometers (40 mile) from the capital of Santiago. The company's website says the mine produced 365,000 metric tons of fine copper in 2012.

Anglo American said in a statement Monday that it decided to evacuate the mine's workers after contractors took over roads leading to Los Bronces by setting mining truck tires on fire and vandalizing the mine.

The company says it is open to talks with worker unions.

Its says normal operations continue at all other Anglo American mines in Chiile, including Mantos Blancos, Mantoverde, Chagres and El Soldado

[rogerbridge] 24/3/2014 21:29

Good time for traders I prefer to sleep at night. Short term price is disappointing but give it time.

[superg1] 24/3/2014 21:15

Interesting re the filtered activity today and a suggestion the 'selling' is suspected to be shorts trying to force it down. Not difficult pre tax year end time with all the profit/loss securing v CGT going on. They will have to buy that stock back at some point.

Not a lot anyone can do about the falling chart, Nano seems to be under the same pressure probably from the same bunch.

General market has been in a tumble, for a few weeks, weak China and Japan, Ukraine/Russia issue, all helps the bear case.

Low relative iodine prices v a year ago, weak peso etc etc.

I assume they steer clear of the apparently immune VLS due to the Abramovich connection, who could squish them like a gnat for the fun of it, if he felt the need to so.

[magpie99] 24/3/2014 20:19

Truly shocking share price performance - dire- capitulation still to come.

Well done to those rampers/spreadbetters who gave ennismore the perfect opportunity for their short.

A steadying hand badly is needed.

[freshvoicem] 24/3/2014 19:55

Shonny,
You haven't taken up my offer yet to buy your shares at Christmas for £1.00?
Why not?

[shonny] 24/3/2014 19:15

Superglue will be appearing with a comforting essay for the rampers shortly telling us how everything in the IOF garden is rosy and the share price will be £1 by xmas.

[jasp2] 24/3/2014 18:46

According to LSE there were two trades reported after the bell worth £55k in total, one of which was delayed. This meant that buys exceeded sells for the day. Anyone care to confirm?

[woodpeckers] 24/3/2014 18:27

Call me stubborn, but these guys just make me more determined that they are not having any of my shares under £2. (...and I reserve the right to raise that figure over the next month or two as we get confirmation that this is the business that I firmly believe it to be.)

[che7win] 24/3/2014 18:17

If that's the case, then I'd be interested in your analysis of TUNG, forecast eps of 4.3p next year.
Didn't you value TUNG at £3 on two years out forecasts?

IOF on forecast eps of 11p next year and no water, I know which one I prefer.

[freshvoicem] 24/3/2014 17:46

I don't think putting Shoony's quote in the header has done us any favours, gone down ever since.

[beeezzz] 24/3/2014 17:38

When they issue a positive cash flow, it's AIM a paradise for short sellers.

[beeezzz] 24/3/2014 17:38

When they issue a positive cash flow, it's AIM a paradise for short sellers.

[magpie99] 24/3/2014 17:18

When will this nightmare end?

[shonny] 24/3/2014 17:11

Sixties it is then, as predicted. No sign of that muppet alphacharlie today. I wonder why. More red tomorrow by the way. Easy money for the shorters every day here.

[square1] 24/3/2014 15:53

A lot of small caps that have performed badly are seeing tax related selling

[beeezzz] 24/3/2014 15:49

I would assume if bad news was coming Ennismore would not be reducing there short, these city folks always know more than us PI's that's for sure.

[shonny] 24/3/2014 14:14

The rampers are at it again. Just take a look at the chart. Heading south with no sign of a u turn. Could see the fifties very soon.

[orslega] 24/3/2014 13:07

good summary bobsworth

one more important announcement expected.....re Prilling depot

From RNS 17/12/2013

"The Board also believes the mix of product sales achieved in 2013 sets the stage for good growth in derivatives revenue in 2014. Third party sales of produced iodine will commence in 2014. The Group intends to market both crystal and prilled iodine. Prilling unit design has been completed and site selection is underway. The earliest expected completion of any prilling unit is second half 2014."

[postman_pat] 24/3/2014 12:46

Thanks Bobsworth