State of play20 Mar 2022 08:56
I think we can assume iodine and derivatives are heading into a growth period, I'm reading it could be rapid growth, a question for us is, have the board positioned us to take advantage of the opportunity presenting itself. We've been told for over a year about iodine price increases and the future holding further increases. Could have invested $900k stockpiling.
Because of the oil price the fracking sites have open up the taps and all our plants could be at increased output. Lucky break for us.
Downstream users will making good money and looking for acquisitions and the SP now is making us vulnerable, what dynamic company chairman wouldn't say iofina looks cheep and I could do a a better job.