Iofina Share Discussion Threads

[n3tleylucas] 26/4/2014 10:20

neddo,

He got 12 inches.

[bobsworth] 26/4/2014 10:18

Thanks che7win

Lance believes mobiles offer big upside for Iofina!

[n3tleylucas] 26/4/2014 09:43

che7win,

Please answer the question! How much money DO YOU THINK Iofina PLC will make in the years 2015 & 2016?

[che7win] 26/4/2014 09:38

Bob,
I believe it's two of the plants most affected, plant 3 and 5.

On mobile units, they always have the option to do plant financing when things settle down; it is being looked at by the company.

[bobsworth] 26/4/2014 09:26

Puzzled as to why plant 6 should be affected by the pending fracking impact on brine supplies when it was decided to reposition the plant adjacent to the unaffected plant 2 which has productive brine flows which exceed current IO#2 capacity. Here are the RNS snippets to confirm its sitting and why.
...................................................................................
31st Oct
Large, productive brine flows which exceed current IO#2 capacity may warrant diversion of the equipment staged for the IO#6 plant to a location adjacent to IO#2 which the Board believe may have both short and long term financial benefits. Iofina engineers are currently studying the merits and implications of such a change
...................................................................................
20th Nov
As announced on 31 October 2013 the Group is continuing to evaluate the brine stream at IO#2 to determine the advantages of repositioning IO#6 to a location nearer to IO#2.
...................................................................................
17th Dec
Construction on IO#6 has commenced with the decision to proceed with a site in close proximity of the Group's IO#2 and IO#3 plants
..................................................................................

[senden11] 26/4/2014 09:17

I see Iofina made the London Evening Standard again on Wednesday - for all the wrong reasons - "On Aim, Iofina, which extracts Iodine from a by-product of oil and gas wells, saw its value tumble after a warning that a switch to fracking among many of its US suppliers means that production will be significantly less than expected this year. Iofina crashed down 31.75p to 23.62p." (Oscar Williams Grut, 23/04/2014). Hopefully, it'll make next week's paper for all the right reasons, if it hasn't already that is.

[n3tleylucas] 26/4/2014 08:19

che7win,

Can you suggest a realistic pre-tax profit forecast for IOF in years 2015 & 2016 please.

[che7win] 26/4/2014 08:16

Superg,
Your last sentence spells it out, some of these recent plants are maybe 6 months premature on arrival I guess?

Meanwhile, there are other locations more mature in the fracking cycle with much higher iodine ppm concentrations which we would love to site a full plant at.

Now, if someone could fund a plant rollout, we could maybe talk business with them.

[n3tleylucas] 26/4/2014 07:55

Graham,

Do you think we can survive? (serious question)

[superg1] 26/4/2014 07:50

Ammons/cyber

Opex Sirocco(now RB energy.

Alp plant final opex 41 dollars per kg. basically ions corroded it they claim 'wear'.

At the time they forecast lower 30's 'like other Chile producers'. That is a quote from the then president to me.

Our forecast here was that there ALP would fail. The result is a production forecast around half where they wanted to be.

The last public comment from Algorta (seawater) on earnings suggested opex of at least 35 dollars per kg.

Power costs in Chile have risen 11 percent per year for over a decade. One Chile company using seawater said that extra power use took overall power costs to about a third of all costs.

Now an additional 5 percent tax will arrive in stages along with other matters like carbon tax.

It would seem that all Chile folk will have to use seawater not fresh water going forwards. Sirocco know that, it would cost them 50 mill. SQM 250 mill.

Pumping stations put up costs. If the 150 litre per second rule is passed by the government (seems certain). SQM and Cosayach, will have to go for seawater under current production levels. SQM as demonstrated in recent results slashed spending. 250mill may be forced on them to stand still and then put their opex up.

For Cosayach they are in a really tight spot if that happens (if the cash rumours are right) They would have to cut production or pay for a pipeline. None of which seems an option under the rumour circs.

So keep an eye on the 150 rule, if that kicks in opex goes up for around 30 to 40 percent of world iodine production.

Chile are looking at rising costs, IOF should by targeting higher ppm and more consistent brine supply (combined with forecast efficiencies) are looking at falling opex.

EG in theory SqM costs for a pipeline cover 80 plus IOF plants. Which would more than cover SQM production with what looks like a future near half the opex.

That's why the IOF business opportunity is vey impressive. IOF already know 19000 mt per year of iodine is going down wells in OK. That is old data though. It's probably well over 20,000 mt by now and will grow rapidly.

IOF have the business plan the tech and the patents, just not the financial muscle or size to progress rapidly.

[n3tleylucas] 26/4/2014 04:13

Graham,

You have a chance mate, but you have to make some money. Have I given up? Not yet, I am still bearish overall.

Can this succeed? Probably not, but hey... you never know eh? I'd love to be proved wrong.

Your bitterness? I can understand. You have to dismiss me as a nutter, like most of ADVFN's stupid ignorant rampers like you do. Here's a song Graham...

Did I like beating Arron? lol (as soon as I saw him, I knew)

[ammons] 26/4/2014 01:59

Masurenguy and Festario both filtered until their public love making has finished. Get a room you two pathetic freaks.

[n3tleylucas] 26/4/2014 00:41

'You and Netley are very obviously out of the same mould !'

[festario] 26/4/2014 00:30

MasurenGuy

Don't you see that every post you make comes across as a rant? Certainly including your last one. I have come across your type before many times.
But, because we seem to be upsetting sensitive souls on this board (a board which I respect, and have been an active contributor to since 2012), then I do not wish to engage you.
If you will just KINDLY stop posting in bold font, as has been requested many times, we can all just move along. It is a reasonable and polite request.

[n3tleylucas] 26/4/2014 00:11

crosseyed,

Confused?

As at 31 December 2013 the loan note had a balance of $14,608,674 and accrued interest relating to the loan was $137.140. The convertible note has been split into its respective debt and equity component and a credit to equity in relation to the conversion of the option of $569,771 has been recognised using an 8.5% per annum discount rate.

[engelo] 25/4/2014 23:41

Bocker: your earlier post re mud and cake: we've previously been informed by IOF that mud, cake, raw and crystalline iodine are all alternative names for IOF's iodine product. Crystalline iodine sounds best, though :-)