Member Info for farran

Sqm been right, they say iodine keep fallin mate. Iodine is fallin monrh after month..dollar strenghtens, peso weakens, iof on a corner. Peso back to 696 to dollar, chile can keep price low...iof cannot make money in this condition. China needs us dollar... they tried to decouple 4 times mate and yuan rose, in their interest to support dollar Worth 8p

EEG mate, That u for prompting me look at dollar, it's rising strong. Interest rate rise on for June, more trouble for IOF, good for a chile. It's touchin 700 to dollar, quite a turn up for SQM.

This is not good,.. SQM conference call... Lower prices have also had a negative impact on our iodine business line. Average prices for the quarter were down by more than 7% compared to the previous quarter, and we believe the downward trend may continue. We continue to focus on regaining market share, and we believe that volumes for the full year 2016 will be higher than full year 2015 volumes. We remain focused on keeping costs down. Today’s costs reflect high iodine inventory levels, but in the future we should benefit from our efforts, including last year’s operational restructuring at Pedro de Valdivia and Nueva Victoria.

wooly mate....you think iochem end price doesn't change as commodity price declines? think about it...it has to decline boro mate..how they lowest cost producer when lose money and Chile anf japan make( japan is lowest cost ).

I'm not tryin at all mate, I just post facts..SQM statement this week backs up fallin iodine prices...US dollar to 700 Peso i.e. near highs and bad for IOF Expect iodine weakness to continue...up to you what you do...IOF is losing money and terrible balance sheet...you still don't know cash position.

"SQM's Chief Executive Officer, Patricio de Solminihac, stated, "During the first quarter of 2016, as anticipated, the downward trend in iodine prices and the weakness in potash prices continued, impacting our margins."

Definitely money to be made mate, Gold lookin good.

Production is the question mate

It's being stolen at this price

Iodine price feeds into end derivative prices mate...chile currency weakening significantly recently, iodine prices new lows.

Well mate, sorry to be the bearer of bad news, Mid-States Pet gone bust this month - it's in chapt 11..unable to meet it's debt. Isn't that your supplier to IO2? No wonder your house broker won't budge off 18p price target usually IOF trades at half targets.

Snowman, you melt in the sun?...Now mate I'm worried, you are the one spout rubbish mate.. I stick to facts, your post is factually incorrect on most if not all fronts. You say iodine historical price is 35-40 dollars, I say low 20s, it actually below 20, I was bein generous Now you prove it and tell me... here is my proof...except last 4 years and 2009, iodine been below $25 kg and historically in teens minerals.usgs.gov/minerals/pubs/historical-statistics/ds140-iodin.xlsx Maybe you should do own research, Peso is up 20 in last month to dollar, it down only 5% from peak, again your fact wrong Now you back up your statement - $10m for water, that is speculative. I stick to facts, your post all wrong, you value this at £50m...

Mate....you belong here, you dizzin me shows it...wot you so worried about, is it debt?

The share increase shows calibre of investers Hey,..wot if we ignore debt and cashflow statement,..we all happy then? we ignore iodine price at it's historic average ($22)...$22 is normal price for iodine over last 20 yrs average..any upturn and Chile will ramp up Cash bein carefully massaged,..nothin wrong with that but EBITDA $900k loss 2nd half, big fall from 1st half,no?iodine $40 it might breakeven...that is a loong wey off,huh? Still, nice pay rise for Dr Tom. Share price 50% overvalued..water might help....madness to think about growth this year... Expect bonds be reset...more bad news, sigh

Eeg, A bit embarrassin mate...share price x shares in issue determines mkt cap, don't u know? Company statement today..mkt ignores that revenue fallin, ebitda loss h2 went from $1.4m h1 to loss h2. Cash fallin, despite them holdin back payables bill time. Tw Bearcast today mate, have a look

What Eeg tryin to say mate is market cap £22.5m..debt owed £12m..if convertible reset now...50% increase in shares will happen, means near 200m shares, massive dilution...mkt cap would be £35m in that case and company no capital for expansion This when company not near profits. Since year end, cash probably lower as iodine falls..they need more working capital abov debt..

Richard...was you buying this at 20p? Over 30% down now mate. did try to reason

Japan imports even lower, 22.66 on Zauba!

Still falling month on month, down to 23.42 US, new low on Chile imports

rheum mate, don't look behind, look forward, ignore past price, look at current. Iodine price not proof of bottomed, it's still falling, plants are a liability at these price, cost sunk and no benefit.lower iodine price feeds into derivatives, Likely 100m extra shares if bonds reset, mkt cap needs to factor in risk of bond reset mate = very high dilution