Iofina Share Discussion Threads

[n3tleylucas] 06/7/2014 17:58

Might as well start drilling for oil because this bloody scam's unraveling fast ;)

[gadolinium] 06/7/2014 17:56

More Iodine pricing gloom from Laura Syrett at IM. The end of the abstract is particularly tantalizing 'edging towards......????



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Iodine prices weaken further as suppliers struggle to tempt buyers

By Laura Syrett
Published: Monday, 30 June 2014

Chinese buying activity remains quiet; prices predicted to bottom in H2

Iodine prices have moved down again in the last week as producers have cut offers in an effort to attract buyers, sources have told IM.

Europe and South America-based suppliers told IM that their lower range offer prices were edging towards...

[gadolinium] 06/7/2014 17:26

Mad,
Your $38.38/kg for July refers to just one delivery of 1 mT on the 3rd of July so not very representative. Smaller deliveries usually command a higher price/kg anyway.
We have no way of knowing if the original orders were negotiated on contract or spot price. They will lag current price somewhat of course, if only because the sea journey from Chile to India takes 30 days.

[n3tleylucas] 06/7/2014 17:05

Oversupply and you're adding to it AND discounting? LOL What a model ;)

[1madmarky] 06/7/2014 16:27

July looks like 38.58 on the graph on that site. Also surely these are contract prices so will lag the spot price on the way up....?

[gadolinium] 06/7/2014 14:26

Writz,

Zauba site, import analysis trends, search term 'iodine 99.5'.

[writz] 06/7/2014 12:37

gadolinium - what is your source for that data? TIA.

[freshvoice] 06/7/2014 12:07

Iodine production
Iodine price
Iodine sales?

[freshvoice] 06/7/2014 12:06

Not good news for our profitability gado, let's hope it rises later in the year.
15% drop over 6 months suggests the trend is well established.

[gadolinium] 06/7/2014 11:53

Rockstar,
are your 3 key metrics:

Iodine production

Iodine production

Iodine production

LOL

[gadolinium] 06/7/2014 11:50

Looking at the Zauba site for 99.5% iodine imports to India in the past month it seems import prices are still continuing to slowly decline.

Average import prices for the year to date are as follows, month ($/kg):

Jan (43.73), Feb (40.87), Mar (38.97), Apr (39.08), May (38.29), June (37.37).

[n3tleylucas] 06/7/2014 00:50

Less than was the best posting look for you madchick ;)

[madchick] 05/7/2014 20:43

Rockstar - not sure if this is the issue or not, but I was tearing my hair out on here once until I realised that the "less than" and "more than" signs cause a post to be aborted mid-flow... hope that helps!

[n3tleylucas] 05/7/2014 19:57

Well I drank 12 500ml cans of Carlsberg Export yesterday without any adverse effects, only 4.8', so erm... just shy of 29 units.

A litre of 'neat' Pimms is 25 units.

On with tonight's 12, cheers!

[rock star] 05/7/2014 17:34

apologies issue with computer. Will throw in sea!

[rock star] 05/7/2014 17:32

Not sure what happened to yesterdays post however I was trying to look at the big picture of how things have progressed at IOF after the disasterous mis-management that took place from September to March.

If you look at the 3 key metrics that will drive profitability all 3 appear to me to be heading in the right direction.

Iodine production:
Q1-

[engelo] 05/7/2014 11:47

Rockstar (22508): looking forward to the full post: can you reissue please?

[engelo] 05/7/2014 11:41

Che: thanks for your post. We used to say a year ago how unusual it was to hold a share where the major risk was a takeover :-) Sadder and wiser now, but this still applies and any takeover would have to be at a very substantial premium and your estimates are absolutely realistic imo.

[neddo] 05/7/2014 10:41

a pint of tetleys bitter and a game of dominoes tonight at my little country local , paradise.

[thailand] 05/7/2014 10:40

Neat Pimms has an ABV of 25% but has been lab tested to have as little as 2.5% alcohol content at Wimbledon when diluted with lemonade and melted ice.

[flying pig] 05/7/2014 09:57

Most Pimms has little more alcohol than lemonade. It is too sweet to drink in real quantity - so Mr Big perhaps has minimal capacity for booze?
I think the currency plays are correct and I hold IOF - so no real criticism.

[phoenixs] 05/7/2014 09:15

my word mb, you have been busy!! not only buying shares but also drinking pimms!what next for the man who doesn't stop? More IOF I dare ask?

[mister big] 05/7/2014 07:16

True - I'm waking up with a thick head after all day drinking in Wimbledon . You drink pyms like lemonade and pay price later !!