Iofina Share Discussion Threads

[orslega] 06/8/2014 14:18

looks like some positive news coming this week : )

[freshvoice] 06/8/2014 14:17

Latest login from states is from OK .

INTERESTING

[monkeymagic3] 06/8/2014 14:14

greenroom - no offence meant, just that last time the price rose on unsubstantiated water rumours that helped exacerbate the share price fall. What i meant was, i hope someone is buying who knows something positive i.e not a false dawn!

[superg1] 06/8/2014 14:12

Bog

Def a buy order imo the chart folk and traders from below 50 seemed to sell and it kept going, someone seems to be soaking them up and pushing on.

It should have pushed back like it always does, so clearly in break out territory now.

Hopefully it is to be a good production update with io5 and 6 in play, but I don't see that as the catalyst.

As far as I could see from direct details and general comments PIs were selling, someone did say their 100k went to Mr B under 50p (something like that)

[bogg1e] 06/8/2014 14:02

fresh, hard to say, the climb begun about a week ago. I expect that people are buying in cos 2 new plants coming online, including IO6(?) which is meant to be high ppms, does make us look undervalued.

[freshvoice] 06/8/2014 13:59

Wonder if the production RNS has leaked?

[superg1] 06/8/2014 13:56

Che

Typo did his best to create some lies, but maybe he is sweating a tad now. Someone is driving this price up with a strong order.

[che7win] 06/8/2014 13:50

I hope we don't get too many derampers buying in, better off without them.

[superg1] 06/8/2014 13:38

If the hearing has been and gone, with this buyer it makes one wonder if some guys in the US have a fair idea which way it's going.

There have been plenty of US hits on the flag counter for various states.

[greenroom78] 06/8/2014 13:16

Thanks. Just a small slice for now and not sure if it is long term or not, will see how things pan out. I'd welcome a return similar to last time when I held though!

[cyberbub] 06/8/2014 13:12

Welcome greenroom nice to have you on board...

[greenroom78] 06/8/2014 13:05

I've bought back in today. I hope I don't qualify as a numptie?

[superg1] 06/8/2014 13:02

I haven't become a Lenigas stalker, he just talked sense on one link so I checked him on another.

It's well worth listening to. Not for his companies, but he has a number on the AIM and he talks about funds, when they can invest, restrictions and lots of other very basic sensible chat. On subjects that are commented on and discussed that very few understand.



Note the Tesla comment and lithium, he states that retail investors research can be astonishing and he can learn more about his business sector than he knows himself. In the case of Tesla they have said they will source all their Lithium in north America but REMs resource is in Mexico.

[19bells] 06/8/2014 12:21

SP moving today!!! Let hope it holds

[che7win] 06/8/2014 12:18

A break of 53p was always a buy indicator, a nice break out from the year long downtrend.

[eddyeagle1979] 06/8/2014 12:15

Agree - Nice rise given the market is getting hammered!

[diggulden] 06/8/2014 12:10

Market down over 1% and we are showing good strength. Bodes well that July production figures were better than June. Hopefully we can have a strong 2nd half of the year.

[superg1] 06/8/2014 11:20

This steady march upwards on the price tends to suggest there is a large buy order in.

The bid is still loaded. Sells far outweighed buys late last week and early this week but it pushed on.

Traders and chartists will be confused as they sold and it kept going. Under normal rules it should have ticked back to, or just below 50p.

I doubt traders and chart folk are buying now, the signals and normal behaviour don't support that.

PIs I'm sure were waiting for a tick back, plus many waiting for a production update, and io5/6 news. Probably a very sensible stance.

I doubt there has been much PI buying, which is the catalyst for a price jump if stock is tight.

30 mt July OK and we know they are still making adjustments.

35mt good, nice and healthy.

40mt and punters v happy I suggest.

io5 and 6 producing, or starting then that would be very nice indeed.

1.2 to 1.3 mill short, it's been declining.

[sancler] 06/8/2014 11:14

freshvoice
6 Aug'14 - 09:54 - 23291 of 23293 0 0

Are we getting confused between 'a meeting' and the 'hearing'?

If there's any confusion, I think it is between different sorts of hearing. First, "hearings" can be before the "Hearings Unit" or before the "Water Court". Second, those before the Hearings Unit can be of two sorts. Here's what the FAQ says:

WHAT ARE THE DIFFERENT TYPES OF HEARINGS AND WHAT SHOULD I EXPECT IF MY APPLICATION GOES TO A HEARING?

There are two types of hearings to which an application may be subject. A show-cause hearing is initiated if the DNRC proposes to deny an application or grant an application with modifications. The hearing will be held within 45 days of issuance of the preliminary determination. This hearing allows the applicant to provide additional information showing why the DNRC erred in its preliminary determination. The burden of proof will be on the applicant. The Hearing Examiner's Final Order will be issued within 90 days of the hearing or 90 days of the close of the record, whichever is later.
A contested case hearing occurs if, after public notice, valid objections have been received on an application that the DNRC has preliminarily determined to grant or preliminarily determined to grant with modifications. The hearing will be scheduled within 90 days of the objection deadline unless all
parties agree to postpone the hearing to an agreed upon date. The objectors will be required to provide evidence indicating how the criteria have not been proven. The Hearing Examiner's decision will be issued within 90 days of the hearing or 90 days of the close of the record, whichever is later.

Apart from the fact that the specified hearing date of 15 July was not within 45 days of the Preliminary Determination to Deny on 17 April, this looks to me like a "show-cause" hearing before the Hearings Unit.

If I have understood things correctly, it is only if the decision of THAT hearing goes against IOF that the Water Court gets involved, by way of an appeal on a point of law.

[superg1] 06/8/2014 10:56

Leggit

The detail in your post suggests are not one of the random stirrers that often appear.

I see the potential conclusion of that as a good thing as legally it seems heavily stacked in IOF's favour. It seems the bureau lacked backbone in awarding such a sizeable permit and passed the buck to the water court.

It is very insular community up there, so in some ways I understand the pass the buck position.

Decades of the same old ways, then suddenly an influx of unwanted action, no water bureau staff would want to upset anyone of influence in the community, so hand it to the legal system and let that decide.

It happens all the time in little Britain. 'You can't build an 'ouse there'

Halliburton's recent findings can only help.

[502246jmb] 06/8/2014 10:27

re water rights

I emailed Montana govt website yesterday pointing out that the Hearing Scheduled for date still showed 3rd June and that Hearing did not take place. I received a reply from Mr Price, Hearing Assistant, saying that the Hearing Scheduled date had been corrected, following my email, to 15 July and that the Hearing had taken place on that date. He also said that a decision by the Hearing Examiner would be issued within 90 days of the Hearing date, ie by 13th October.

Interesting facts:
DNRC responded to having received the original application in 60 days with the Deficiency Letter
then in 49 days with the Application Deemed Correct and Complete from the Deficiency Response
then 70 days later with the Draft Preliminary Determination to Deny.
The Preliminary Determination to Deny took another 103 days from then.
I would guess from the above that the Hearing decision is likely to take substantially less than the 90 days, say around 60-70 days from 15/7 which tales it to sometime before end September Sept

Leggit/502246JMB

[mortie1] 06/8/2014 10:00

SG,

If Haliburton want the water and are prepared to pay upfront for the facilities, perhaps they will just buy it off us. To your knowledge, are they in the water business elsewhere?

[freshvoice] 06/8/2014 09:54

Are we getting confused between 'a meeting' and the 'hearing'?

[superg1] 06/8/2014 09:50

Mortie

Halliburton want most of the water, so I would imagine on such a big contract they would get discount prices.

Going on very old rumour stuff, if it happened I'd expect the depot to be paid for by Halliburton with reduced payment for water.

Someone to discuss should the permit be awarded.

There has been a buyer about and the short chart details have been trickling down in recent times as some close.