Iofina Share Discussion Threads

[neddo] 10/6/2013 11:28

doesn't take much to move it.

[chumbo] 10/6/2013 10:53

So, in the meantime all eyes on IO3, unless IO2 suddenly sprouts an extra 10k bpd, unless I've misread it?

[diggulden] 10/6/2013 10:48

Mid July by my reckoning CK, for the prelim approval anyway, then public notice in the local newspaper for 45 days I think. I think it may be end of October until we get final rubber stamp.

[captain_kurt] 10/6/2013 10:42

Are we nearly there for the 99.9% certain water permit award ?

[chumbo] 10/6/2013 10:31

An upbeat start to the week. So, the next leg up to coincide with the AGM/presentations then.

[orslega] 10/6/2013 10:00

ZM, chapter & verse...

"The fact that and extremely negative looking April reversal set up on the daily chart of Iofina only proved to be a dip to buy into, still backs the buy argument at the iodine explorer. It also suggests that the resolution of any consolidation in recent weeks is likely to be a very constructive one.

Apart from what appears to be a near parabolic ascent for the stock over the past year and a half, we have a couple of indicators which underline how positive the situation is here on a technical basis. The first is the way that the shares have not been below the 200 day moving average since the beginning of last year, and the second is that they have not even been below the 50 day moving average currently at £2.12 since the middle of December. Indeed, even in the wake of the April sell off the 50 day line was not touched at any point. This allows us to have the luxury of a stop loss which would be end of day close back below the 50 day line and look at the way that over the past month we have been seeing new support the shares coming at or just below the former April resistance of £2.33

At least while this old April high remains in place to prop up the shares we are justified in holding the most bullish perspective on how high Iofina could climb in the near-term. The favoured destination at this point would be for a move towards a red resistance line projection from December currently heading as high as £3.05. Given the way that the RSI is currently at 56 and supported by a post-November uptrend line in the oscillator window it would appear that we should see Iofina make a move to the upside within a matter of days. But remember to enforce the 50 day moving average and stop loss just in case of an unexpected negative break"

- See more at: hxxp://www.shareprophets.com/analysis/612/iofina-iof-the-calm-before-the-surge#sthash.XfRMNCBu.dpuf

[the librarian] 10/6/2013 09:24

Interesting free... and encouraging, Zak Mir changed his mind then!

a better link hxxp://www.shareprophets.com/analysis/612/iofina-iof-the-calm-before-the-surge

[malachey] 10/6/2013 03:37

with you on that one Warmsun. To be fair there were a few snippets of interesting info that emerged through the debate (Orslega's post 1279 springs to mind), but the jeering and accusatory posts(that guy was NOT on a shorting mission) have no place on a bb of this calibre - let's leave all that sort of carry on to the monkeys on the O&G share bbs. They love it!

[warmsun] 09/6/2013 23:59

Great posts yes (by many here, thank you), but I can't help feeling we have made a mountain out of a molehill re CR..let's try and move on...please!

[bobsworth] 09/6/2013 22:35

Scrutable.

Great posts. Lets hope that puts CR's case to finally rest in peace.

[rogerbridge] 09/6/2013 22:24

Well said Scrutable.

[scrutable] 09/6/2013 22:09

After soliciting evidence from DR to back his negative posts - and askimg that he replace bland assertions, with evidence - and receiving none, CRr's case seems to be stuck up a cul-de-sack. RiP.

Those he frightened should pick up their confidence again

So I will add a positive point to the debate. NANO and TRT have been, wrongly, quoted as comparables. NANO is currently where IOF was two years ago with a convincing business plan and potentially a huge global future but not yet derisked. NANO's basic product is still being developed for mass production. Their first contracts, though mightily impressive and with global giants DOW Chemical for Screen Displays,, Osram for LED Lighting,, and Tokyo Electronic for Solar Energy, have yet to produce anything marketable. In short the IP has, crucially, for the comparison with IOF, not yet been monetised. TRT has nowhere near the economic scale of promise for NANO or IOF and is a year still further away.

IOF is today almost fully derisked with only an execution risk, including slippage, in the roll out of the fibre glass enlarged version - and that is relatively small. The value to be added, by each plant installed, of minimum £1/share per plant installed is imminent, and there is a share price bonus on the upside for huge profits from water for fracking, which is not yet in the share price - and difficult to believe - could be of a similar order of magnitude to that derived so far from Iodine

There is little comparison.

[orslega] 09/6/2013 22:06

libs....yes, agreed, it really doesn't take much digging to get a much clearer picture.....

...always another agenda lurking when a share does exceptionally well (agenda - not necessarily here and in said situation but lurking) dyor is of course so important...

ps we are spoon fed here (thanks superg and others), better than dyor, lol

...only joking, good mood tonight, lots of fish caught offshore in sunny but difficult conditions......easterlies : (

[the librarian] 09/6/2013 21:28

Out of all the 'noise' that has been going on there are always positives that come out of it, in particular the reference to 'foreign' AIM companies. Orslega's post, purely factual, turned that around and made me think... maybe I ought to look at more of the US companies listed on AIM.

So for me, a negative point made turned into a very positive result.... again :)

'The U.S. companies on AIM have always outperformed the market, returning 68% in 2009 compared to 66% for the FTSE AIM All-Share Index.

Most of the U.S. companies join AIM as a 3 - 5 year bridge for a dual or primary listing on NASDAQ or as a platform from which to be acquired'

(post 1279)

[superg1] 09/6/2013 21:16

Jam

I argued against him re IOF and that's because I've done the research.

In comms pure circle was pointed out to me as an accident waiting to happen too, but that came from a guy that has known investing back to front from the top for many years.

It was described as a 'house of cards'.

Another source suggesting the BOD are taking out big loans on the back of the share performance.

I had a quick look, and I find myself head scratching re where it's at. It does truly look like a share getting way ahead of itself and I fear the shorters will have a feast soon and cause the price to collapse. I say fear only from the viewpoint of hoping that PI's who may have prospered there don't 'keep the faith'.

The saving point is that it has not seen a lot of daily action so it's not a case of dozens of PI's stuck in on highs.

As you know I've been mentioning it in recent times, saying watch for the turn.

I've had a look, read a bit, checked out the product, and I'm not impressed.

I spotted PDX at 50p way back but chose FUM to invest in. I watched PDX keep going and just couldn't believe how the hell the price could be justified as it just kept going up. Well that is history now. Big spat on AVN at £6/£7 too.

I don't hunt for over-priced shares, Pure was mentioned, I can find nothing to defend it's price. We'll see what happens.

[johncsimpson] 09/6/2013 20:44

Good post?

Brlliant post scrut . . .

[orslega] 09/6/2013 20:41

scrut, yes, your post 1399, good post....in many respects..... points well made..

superg...yes, H2 starting very soon might just be a wake up call : )

[roger melly] 09/6/2013 20:17

Thanks SG1
:@)

[superg1] 09/6/2013 18:46

Dr A

That puts it well.

IOF are not trying to enter a new market, it is well established, and is used in a myriad of products from computer chips to baby milk.

Some iodine uses will drop off, and others will appear. That has happened already. Thankfully technology is a driver for iodine demand as it can be the best product to use in many applications.

For the future we can already see that graphene compounds using iodine derivatives in the process, improves the product. Then the more recent mention of iodine used in making a compound for catalytic converters, which is better and far cheaper than using platinum. Clean coal is another. So iodine has a long history of growing demand over many years, and new uses appearing all the time. IOF have already created new products for niche markets and no-one else has the product.

The demand, lack of commercial resources, and rising costs for producers, has pushed the price up significantly. That price rise has not dented the demand overall.

All IOF have done (bit of an understatement), is find a way to produce it at price levels, that absolutely no-one in the business can possibly live with currently. Then somehow they have managed that with zero emissions.

Logic suggests US end users will want US iodine. Carbon footprints will further be helped by the transport distance.

Japan was the world number 1 iodine producer. It is now finished as a producer that can add to world demand, year by year their resource is dwindling until it probably won't be commercially viable.

Chile has it's fair share of new entrants, but they have arrived at a time that Chile is in it's worst power and water situation for many years. Employee's over the last few years got fed up of working themselves to the bone in a desert for little pay, many strikes have been and gone in the last few years, so employee costs shot up.

Toyota in 2012 rather stupidly stated that Chile is the only country left that has commercial iodine resources, so they were happy to spend big money there with high opex as they use seawater, it must be near $40 per kg.


So everyone put together in Chile are producing 58% of the worlds iodine, 18.5k mt, having spent billions in capex to get there.

Iof on it's own, have deals and sites, that could exceed that, by spending half of what SQM need to add a seawater pipeline, and have opex way below many of the major producers. With the lowest predicted opex anywhere.

I suggest if some frac tech company found a way to produce oil from shales in the US, at $25 pb, instead of $50, and and had access to resources that could produce over half the worlds demand, making them the biggest oil company in the world, a few would take notice.

That's what's coming, but in the iodine world. SQM, Toyota, Mitsubishi, Dow and Troy will never have seen anything like it in iodine history. Even the USGS are completely oblivious

That is why, we don't need water.

[noli] 09/6/2013 18:44

Excellent summary scrutable, a fantastic post.

[ammons] 09/6/2013 18:18

DB4, post 440, agreed.