Iofina Share Discussion Threads

[roundup] 18/4/2014 09:24

It's a pity iof hadn't found out the criteria required by the water board before attempting to make an application. We are made to look like a school boy, with limited ability, trying to pass an exam.

[1madmarky] 18/4/2014 09:23

Reason for continuing with the water application.... It's easy money and once all is appropriated then there are no new entrants into the market. So a limited supply of an asset into a growing market. Restricted supply and potentially increasing demand. Who the heck would not want to be in this market. This is an absolute no brainer. I ho I ho it's off to a hearing we go!

[shonny] 18/4/2014 09:14

Mr big sounds a bit deflated this morning. I expect the water news has spoilt his cruise. Something else to add to the long list of IOF failures. Oh well, at least I've saved him a thousand pounds. One would have to question the investing judgement of someone who was prepared to make such a ridiculous bet offer.

[bogg1e] 18/4/2014 08:48

Heres the link:

hxxp://www.dnrc.mt.gov/wrd/water_rts/appro_info/applications/application_status.asp?id=30066181

[stupidboypike] 18/4/2014 08:45

Please could someone post a link to the water news?

Best regards SBP

[danster4] 18/4/2014 08:45

Hopefully the last of the negative news will be out of the way after next week's results, and this can slowly start to track back. It sure will make a refreshing change following the last 10 months!

[noli] 18/4/2014 07:24

Any downfall in the share price wont last long. On the plus side it can only go 60 odd p lower.

With 5 plants running, no 6 on the way with mobiles expected later on in the year, fill ur boots.

[mister big] 18/4/2014 03:28

Incidentally , as I intend to hold and build position , welcome lower prices if mr market delivers up. Suspect news flow on annual results and update will focus investors in the current flow of iodine and future prospects which are looking satisfaction .

[shonny] 18/4/2014 00:08

It wouldn't surprise me to see the share price in the forties after this news and the upcoming poor results. What does surprise me is that such an allegedly savvy investor as Mr big was, up until yesterday, willing to throw away a thousand pounds on such a rash bet. IOF are now going to have to pull a huge rabbit out of the hat to get this to £1 in a few weeks. Talking of hats,it doesn't look like I'll be eating mine anytime soon.

[richi_rich13] 17/4/2014 23:33

Its a shame that the water permit keeps kicking us. It has great potential but to be fair to the company they have always maintained that it is non core. In fact the first point it is mentioned in the recent presentation is the last point of the last slide.

At 200p water was factored in but at 65p I cannot see how there is any water value. Undoubtedly there will be a heavy fall on Tuesday, and with the poor results to follow in the week it may get ugly. I am looking forward to some cheap iodine shares :-)

Anyway it is not over yet. Hearing will take place within 45 days, where IOF have the opportunity to show that the DNRC has 'erred' in its decision. And a final decision will be taken within 90 days of the hearing.

[ansana] 17/4/2014 23:08

Or you Dig you can buy. Shame, the water would have been a welcome boost but don't lose site of the core business and that is Iodine. They are aiming pdq for 2mt a week. 4/5 now in production as well as 1,2 and 3. 6 isn't that far off. The trolls will appear Shoddy already has and will bad mouth the company. But focus on this Lance is back and he and we are focused on iodine and the future. The Mms will rattle people on Tuesday and so many who watch the share price all day will be panicked into selling. The noise will be deafening on Tuesday some of that noise will be the Instis and Mr Big rubbing their hands together in glee at the thought of all the cheap shares they can pick up. The reason they want the cheap shares is because its all about the iodine, its always been about the iodine, the water has muddied the waters because short term it will be an opportunity to panic some into parting with their shares. Think long and hard before you sell.

[ramsey11] 17/4/2014 23:06

Err trading on stocks isn't gambling????? DerrrrWho wouldn't take easy money????,DerrrrrrMoney...mouth

[shonny] 17/4/2014 23:03

If I were a gambler it would be easy money. Massive drop here next week and that's a dead cert. This will be lucky to see £1 by xmas far less in a few weeks.

[ramsey11] 17/4/2014 23:00

Your the bottler shonny...a whole thousand quid and u didn't want to know I say he is still up for the bet and you'll bottle it....AGAIN

[shonny] 17/4/2014 22:56

Looks like Mr big will soon be able to buy some more at 50p. Probably next week. I expect he'll be having second thoughts about his thousand pound bet offer, now that the water permit application is dead in the water (pardon the pun). Not even the remotest chance of £1 by 10th June now. It'll be nearer 50p than £1

[hurricane.] 17/4/2014 22:51

No one is invested for the non-core water at these silly prices. The iodine business
moves forward with five plants operational. Soon to be six.

[ramsey11] 17/4/2014 22:49

Dead in the agua???Hearing shonny u bellTake mb up on his betOh but u don't gambleInbred

[shonny] 17/4/2014 22:46

Looks like Mr big will soon be able to buy some more at 50p. Definitely no chance of £1 by 10th June now that the water permit application is dead in the water (pardon the pun). I expect he'll be be withdrawing his thousand pound bet offer now.

[diggulden] 17/4/2014 22:45

FWIW, the 'potential' water business has not been priced into the current share price so I would think the reaction will be minor, MM's may try to panic a few people into selling but Iofina is and has always been about the Iodine.

Not one broker note has included water in their projections and we are still only 50% towards broker targets. I would think that any pullback will be met with solid buying by some big fish, maybe Mr B tempted to grab some more if they get cheap enough.

[count chris] 17/4/2014 22:29

Re the market being shut for four days - what's wrong with you guys?! I was just thinking how dull it was going to be!

[diggulden] 17/4/2014 22:29

Preliminary Determination to Deny Completed

4/17/2014 12:00:00 AM

This will be why they have been saying it is non core all along then, because we don't have it!

[ramsey11] 17/4/2014 22:28

Let's just say it looks like we are doing it the hard way..

[count chris] 17/4/2014 22:25

Tell us more?