Member Info for Shaz247

Okay, so Indmin reporting a $2/kg increase in prices just last week. Well, that clearly is fantastic news for a producer like IOF where it lands straight to the bottom line. This alone could power a move to the highs as discussed.

I would clarify my earlier post in that it meant fresh 52wk highs which would put this over 34p. The chart is certainly suggesting such a scenario and with the backdrop of rapidly improving fundamentals, I see no reason why this will not come to pass.

Having a close look here and there appears to be very little stock available down here and I believe there are buy orders waiting to be filled.
Fundamentals are probably the best in the company's history and the chart is pointing towards fresh highs.
CBD aspect looks more exciting than the iodine aspect and of this area turns up, then I'm calling for blue skies.

There's a very strong case here of a rapid rerate but it has to be supported with news and volume, both which are lacking right now. So, over to this lean BoD to deliver something back to us for keeping the faith.

Lol. What's the matter with you chaps. You don't know how these things work? Yes, we may not know the finer detail yet but typically any flotation will see value unlocked @BCN. Im expecting and hoping at least 20p onto the current price. Very good economics over there at the heart of the German car makers and who need lots of supply. If Ganfeng can get involved then that would be a huge bonus on top.

New legal form: Public Limited Company. Getting set for flotation!

Round numbers like 40p take a few attempts to break past and but once taken out, the price could move up quite sharply. We have been trying for a few sessions now so one would expect to push through anytime. It's all in the chart. 40p to buy now..

In progress.

Offer 39p. But 40p just paid for 37k shares

Market participants are clearly saying a Yes deal imminent.

Delayed buy @37.75p two hours ago. Looks like the deal is very close.

No quote to buy @38.5p

Level 2 turned very firm. Resumption of uptrend after brief consolidation.

If I was Elartu, I wouldn't mention IQAI or TB ever again! How embarrassing.

Damn good interview by the way. Did he really speak for ten minutes on one breath? The chap certainly knows his stuff.

Wholly unjustified but hey what can we do? I have no issues being a long term shareholder at MAFL as one day we will see some reward for showing our loyalty to this company. Still heavily underwater after a few years invested but the good news is that NAV is now higher than my average price. Lol. Who knows one day the NAV may read 150p.

Deal at 25p/share versus 35p/share today. I can't see Gangfeng saying no now! Yes, if the sp had tanked to 15p/share then there would be a risk but certainly no risk now.

I can't see any big sale around 9am. But a 70k buy has just been printed with no delay.

LOL!

Mcap currently £46 million. Around £23 million to come in from the Gangfeng deal. Off take agreements at market prices. 50% of the build costs to be funded by Gangfeng. Future investment at underlying share price. German listing to come. Yet folks think this is a bad deal. Lol. This is a future £250 mill plus company in the making. Dyor.