Iofina Share Discussion Threads

[superg1] 26/6/2014 10:11

Nixon

Nice one, perhaps the tip was a bit too short ion detail, I missed it. :-)

I have one or two on that I've been tracking for a while, arranging a meeting with the CEO of one, they won't get a mention until I fully understand them, could be duds, could be something. I very much like the sound of the direction one is going, but need to understand it better, market oblivious as always, but if you query things they start to make sense.

[rhwillcol] 26/6/2014 10:05

nixonpaul: congratulations on a great call: stonking!

[nixonpaul] 26/6/2014 09:36

Hmm, feel free with your praise chaps

[nixonpaul] 26/6/2014 09:19

See post 941 re HUR
Hope at least a couple of you have made a quick shilling or two this morning.
GL

[joestalin] 26/6/2014 07:36

Here's another poem, my favourite, if you have not had enough already.

hxxp://redcarblog.blogspot.co.uk/2006/11/evidently-chicken-town-poem-by-john.html

[neddo] 25/6/2014 16:30

rovi
nice one. a little light heartedness from the same old drivel ,we have heard a hundred times,

[woodpeckers] 25/6/2014 13:24

Hurry up Lance, show your cards
And save us from these wannabe bards!

[spike_1] 25/6/2014 11:19

There once was a Curate at Kings
Who's heart was set upon Heavenly things
His one Earthly desire
Was a boy in the Choir
Who had buttocks like jellies on springs.



EDIT: it's clear we didn't all go to the same school ;0)

[engelo] 25/6/2014 11:11

'tis the voice of the sluggard, I heard him complain
'Guaranteed floor? We're sub 50 again'

Then madchicks great lines put an end to the pain
and the sluggard relaxed: 'I can slumber again'

[joestalin] 25/6/2014 10:47

No news = boredom, Charlie

[alphacharlie] 25/6/2014 10:38

OMG - the threads turned into poetry corner!!

[che7win] 25/6/2014 10:23

If we do get a June production update, the unknown for me is IO4.

Some disruption for it in May, that should be ironed out in June.

"IO#4 Production Plant
IO#4 had a record month but did not meet the Company's targets. Minor issues were addressed and performance is on track to meet June 2014 production. The issues were a result of debris still being contained within the system which needed to be removed and cleaned. We see consistent brine capacity at the site even during fracking which is encouraging. The Company is moving forward on improvements to allow greater volumes of brine to IO#4 which currently is maximized at 20,000 barrels per day. "

Io6 perhaps a couple of weeks away from commissioning, should influence July production (if we continue with monthly production).

Then we have io1 experimenting with chemical reduction, we need a few months in sure before we prove it either way.

[superg1] 25/6/2014 10:05

The Chile water code situation, bits and pieces picked up from recent media comments, in short it sounds like there are some tough changes coming for mining companies, and looking at the comments ( "much more robust in the amendment of the Water Code".... "substantially modifying the Water Code")

It seems the 150 rule contained within the reforms, based on the comments is more or less nailed on. I very much look forward to SQMs comments on the matter as and when a relevant finance period gets reported on. :-)

I estimate $5 plus per kg increase on opex for seawater use. Fresh water has a been a bit of a free-for-all for some years, not in the near future though.


"The goal is to realize the promise of the President: "recognize water as a national asset for public use." Deputies advocate a constitutional amendment to point to its nationalization

"In early August they will disclose the scope of the new Water Code that is part of the reform proposed by President Michelle Bachelet in the art and may also include an amendment to the Constitution."

"The drought we have seen is not an emergency, it is here to stay," he said, and pointed to "recognize water as a national asset for public use in its various states, substantially modifying the Water Code."

" The initiative aims to establish roles and priorities of water use that the State must guarantee. "

According to the deputy, "through some alternative indications is intended to present a much more robust in the amendment of the Water Code."

"we must as a priority human consumption, use small-scale family farming and later for other activities, whether industrial or mining."

[madchick] 25/6/2014 10:04

I'm in a faffy mood today, so to relieve the boredom, a little poem from me:

Let me play the IOF song,
How things went right and how things went wrong
At IPO the promise was there
This was reflected
in the price of a share
90 pence
for a technology dream
a little land
with riches unseen
Then enter the recession and the share price fell
Suddenly all did not look so well

Let me play the IOF song,
How things went right and how things went wrong
A placing was conducted with such finesse
That IOF purchased
The entire H and S
After one year
It had paid for itself
Then mobiles were promised
Direct off the shelf
But the technology, it failed to work
In the teens, the share price lurked

Let me play the IOF song
How things went right and how things went wrong
Schneider exited and Baller reigned
Technology proven, the shareprice gained
IO.1 and IO.2
Water maybe, and oil too
Fifty the share price
Now, that was nice!
But Lance fell ill
and off he went
Now enter in
bad management

Let me play the IOF song
How things went right and how things went wrong
Out with the old and back in with Lance
Shareholders await the next IOF dance
The following verses have yet to be penned
We await JVs and a mobile or ten
A happy end to the IOF dream
And our lives fulfilled by its iodine

[joestalin] 25/6/2014 09:38

The funds are probably waiting on the monthly update RNS with June's figures - only a few days now.

[superg1] 25/6/2014 09:13

Just a point on funds.

They certainly don't ignore world issues when investing.

Russia/Ukraine and now Iraq will have them sitting on hands in the high risk, or any other sector for that matter.

[count chris] 24/6/2014 22:08

You got me wondering so I checked IG Index 'insight' on it's own SB customers open positions on IOF:

Between 51 and 250 clients have an open position
95% are long
This week 85% of trades were sells
This month 52% of trades were sells

Not sure you can draw anything from it and not sure it even effects the market - depends if you believe IG hedge against clients positions or not.

[superg1] 24/6/2014 21:03

Fresh

I understand but if some have time restricted credit type buys, reliant on perfect execution, then it will generally end up the wrong way for that type of bet on any share.

In those circs it's not an investment, as the cash isn't there just a bet and which may end up with the gambler being forced to close on the 'bet', and selling more fully paid for shares to cover the loss.

Get a few of those running together, and the problem can be to some extent self-perpetuating.

It seems to be the curse of the stock market.

90% plus of investors I suspect go long, hence 90% plus of forced closed trades are sells.