Iofina Share Discussion Threads

[alfie4048] 07/4/2014 09:30

Stamp duty abolition will commence on the 28th of this month. Don't ask me why.

[noli] 07/4/2014 08:59

Shares tight and Ennis still have some to close.

[superg1] 07/4/2014 08:55

Results to come and not going to be fab reading for last year, and static v the prior year, going on a previous rns.

Production Q1 not fab, but surely io4 and 5 up and running, but that will all be irrelevant if positive water news comes prior. The timing of that will be all down to how busy the bureau are.

An interesting situation with shares looking tight now.

[woodpeckers] 07/4/2014 08:44

Don't know if Barclays have a bit of inside info but when I looked at my portfolio it had all my Iofina shares priced at 72p this morning! ;-)

[che7win] 07/4/2014 08:44

The OM news we all knew about, they wanted out before the new financial year at any price, hence the silly prices that IOF can still be bought at.

I'd say we are 20p below a fair bottom price right now.

[malachey] 07/4/2014 08:29

Yep and i believe stamp duty has now been abolished too.

level 2 looking good btw

[noli] 07/4/2014 08:28

Well that 1 mill sell must have been the last of it

[karmastuartra] 07/4/2014 08:28

One million! Buy or sell?

[orslega] 07/4/2014 08:24

New tax year = ISA season kicks off today.

At the moment you can buy shares to a value of £11,880 in a ISA but on 1st July 2014 this increases to £15,000. So hopefully a much more expensive £3,120 IOF top up then!



hxxp://www.hl.co.uk/nisa

[karmastuartra] 07/4/2014 08:23

That's the rif-raft cleared and good riddance

[yorkshiret] 07/4/2014 08:19

And don't forget that Ennismore notified that they have closed down over half of their short on Friday.

[superg1] 07/4/2014 08:15

Up

They never post and keep us up to date, so I prefer Mr B having them.

[superg1] 07/4/2014 08:13

Item 13 to save people looking

Please note that our position as of 04/04 is now zero. This notification is to show the first date that the holdings have fallen below 5%.

[uppompeii] 07/4/2014 08:12

Personally I'd have preferred them buying

[captain_kurt] 07/4/2014 07:49

That's the overhang dealt with. Good news that OM are completely out.

[grahamhacker] 07/4/2014 07:47

Goofy1Thanks - 7m shares sold!

[goofy1] 07/4/2014 07:41

Probably a new manager appointed, gets a short period to clear the decks and blame the previous manager. Good news for Mr B. A put through by his broker maybe. Very slick.

[karmastuartra] 07/4/2014 07:37

Fund managers running for the hills as per usual!

[cyberbub] 07/4/2014 07:32

More fool they! I suspect those are probably the shares that Mr Big bought :-)Onwards and upwards...NAI

[goofy1] 07/4/2014 07:30

Grahamhacker......read a bit lower down item 13. Partially explains recent weakness in share price

[grahamhacker] 07/4/2014 07:19

RnsOld Mutual sold +2m shares

[noli] 07/4/2014 07:05

Ammons, i agree with some of the above, however if you dont order the parts for plants they will not arrive which has not helped the current bod.

Like a said earlier re LB, we all expected 12 plants by the end of 2014, so what changed.

This was one reason i was a little concerned about when the rns was released regarding GL/CEO, i thought he might tinker with the plants now he was at the head of the company.

Mr Lantz (62) joins the Board with a demonstrable track record spanning over 30 years in industry. He was most recently a consultant to the Group division, Iofina Resources, Inc. During his time with Iofina Resources, Inc. Mr Lantz helped achieve a daily record iodine production.

==============================================================

After thinking about when Lance resigned due to his illness, the 12 expected plants by end of 2014 and GL becoming ceo.

I thought iofina has the prototype for future rollout so iof could do 12 as stated, i.e just buy them and build them from the prototype. What has happened is iofina resources or GL and the engineering team has been tinkering with the plants, things such as oil alerts in place/tower cleaning process, automation added, even removing parts etc etc. All these issues are changing the plants as we move along and i can now see why the board have put a halt on builds for now but that might change.

Saying that, LB gave us 2 plants, since he left with more board members in place in 12 months, up to now they have managed one, very poor indeed. Like i said, i can understand to a degree but it really needs someone with drive and determination and we dont have that at the moment.