Member Info for rylidan

Seen articles that indicate the new US infrastructure plans will give us a boost.

It is worth noting that the directors knew about the impact of the bad weather and still bought shares at the end of Feb. Brine flow should return to normal this year, and being able to pick up new customers because they hold stock is excellent foresight IMO. Well done BoD.

Looks like that will start building a new plant out of cash flow at the end of this year.

Sales have been a worry with the pandemic. That confirmation of a record sale's level in Q1, and a rising price is reassuring news. With projected market shortages this year I am expecting further upward pressure on the price (and on our profits!)

With a spike in prices, we could completely pay off the debt this year.

Yep, I would say anything below 20p is cheap. That is roughly a forward PE of around 12 for this years forecast. This should be on around a PE of 20 given growth prospects and revenue record over the past 4 years.

Indmin update due in next few days.

Shame

Bye then. Good luck.

A shortage of containers worldwide will see US and Canadian buyers look at local more guaranteed supply. This looks like it could push prices up. $40 to $50 per kilo this year perhaps? Higher?

Where's the share giveaway man gone? Come back, all is forgiven.

Snap!

That the market likes this report. Looks like we're now in safe hands, at last.

That's good to know brainspark. If we can continue a slow increase in prices, that would be better than a boom and bust. Demand will be the key, and I can see that this could kick off soon.

Have been waiting to pick some up morr sub 12p, but I suspect I may need to bite the bullet before it's too late.

Sheer madness. It's a good job we've got rid of his loan and he has no leverage IMO. He has pressurised the BoD into poor decisions in my opinion. We are far better betting this grow now we've got back onto a sound footing.
My opinion.

Bought a few more. By reinvesting the quarterly dividends you will double your holding in 6 years, or be achieving a 16% yield against your current holding.
Assumes shareprice and dividends remain static, which I know they wont!
Dividends will more likely continue increasing, albeit slowly, probably meaning a double in around 5 years and not 6.

For me Tom upping his stake 30% is a good indicator, albeit from a low start. Also looks like we have a background buyer looking to build at this very low level.

Seems a lot of it posted on Iofina bulletin boards! Motive unknown, except to the faceless posters.

Agreed. It will definitely help confidence. Makes me happier for a start!