Web Site : http://www.iofina.com/

11th April 2008 Note on IOF : Link to web folder click here

Iofina is the holding company of a group of companies involved in the exploration and production of iodine and natural gas which have been discovered on acreages which the Group acquired, or is currently acquiring, in the state of Montana, USA. The Company has named its discovery the Atlantis Prospect. The natural gas co-exists with formation water containing relatively high levels of dissolved iodide. Iodine is a rare element, which the US currently imports to meet growing domestic demand from pharmaceutical and industrial manufacturers. The leases held by the Group give it the right to explore, drill and produce both iodine and natural gas. The Directors believe that the dual revenue streams of iodine and gas, together with the relatively low cost extraction process, will create an attractive business model with substantial strategic value.

Iofina was incorporated on 15 March 2005 in the UK and registered in England and Wales. In January 2006 the Group acquired the entire issued share capital of Iofina Inc. and its wholly owned subsidiary Iofina Natural Gas Inc., each of which is a Colorado corporation, with the objective of becoming a low cost producer of iodine and natural gas. Iofina Chemical Inc., a Colorado corporation, was created as the specialty chemical division of Iofina Inc. in May 2006. The Groups Atlantis Prospect is located between two of the most significant biogenic gas fields in North America, which have so far produced a total of 6.5 Tcf, valued at over US$50 billion at current prices. Since its incorporation the Group has steadily acquired over 30,000 net acre land position in northern Montana, on which a major aquifer containing natural gas has been discovered in the Eagle and Virgelle formations, sedimentary formations of Cretaceous age lying at depths of 1,000 to 1,500 ft below the surface. This unconventional, shallow natural gas resource can only be produced in conjunction with large volumes of formation water, and consequently the industry has previously struggled to commercialise gas discoveries in the area. The formation water is an unusual sodium chloride brine with high concentrations of iodide but relatively low levels of dissolved salts (approximately 6,500 mg/L), and has no contaminants or hydrocarbons other than methane, thereby reducing processing costs. Iofina intends to produce gas along with water, but to also extract the high levels of iodine which the formation water contains.

In addition to its acreage position, the Group currently owns four pilot wells, an iodine processing facility building and the Iofina Express #1 pipeline which ultimately connects into the TransCanada Pipeline, a major transcontinental gas pipeline serving markets in the north-eastern United States.

11th April 2008 Note on IOF : Link to web folder click here

Sunday Telegraph tip:

http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2008/05/18/cxquest118.xml

Iofina
66.5p
Questor says Buy

When it comes to the commodities boom, most of the attention is focused on metals, but a new entrant to the Aim junior market is shining a light on a somewhat different element: iodine. This is used in LCD displays, cosmetics, X-rays, sanitisers, photography, pharmaceuticals and a host of other applications. Demand is running at 27,000 metric tonnes a year and growing at 1,500 tonnes annually.

Yet the element is relatively rare, being found mostly in Chile and Japan, and the price has shot up - to around $28 a kilo - along with those of other commodities. It can be found in and extracted by electrolysis from the brine water that often occurs alongside natural gas fields. Iofina has just raised around $30m through its flotation, which will fund development of a 50,000-acre project in the American state of Montana. The company claims to have developed technology that will make it the lowest-cost producer of the element.

The project, which is due to come on line later this year, aims to produce 1,500 tonnes of iodine a year - which is a decent chunk of overall global demand - and it will eventually move towards manufacturing iodine derivatives itself to gain access to a market worth around $3bn a year.

As a start-up project, the company is certainly a risk, but the share offer was five times oversubscribed.

So for investors looking for a novel play on the commodities boom, Iofina is certainly worth a look. Buy.

Rising nicely today.

Off again today.

And again............

And a lovely rise today too :)

http://www.proactiveinvestors.co.uk/articles/art.php?IOF

Gas, but with a twist

By Stuart Watson

Article Date: 22-06-2008

Iofina is developing the Atlantis Project in northern Montana. As well as substantial amounts of gas, the area could also produce 4% of the worlds iodine supply.

Iofina is developing the Atlantis Project in northern Montana. As well as substantial amounts of gas, the area could also produce 4% of the worlds iodine supply.

Iofina is one of AIMs latest entrants. It was incorporated in 2005 and floated in May raising 15m in the process. Its key asset, the Atlantis Project, covers some 40,000 acres in Northern Montana and is placed between two large gas fields, Southeast Alberta Milk River and the marvellously named Bear Paw Uplift. Between them these two fields have produced over 6.5 trillion cubic feet of gas.

Some 200 wells have been sunk in the area covered by the Atlantis Project in the past but the large levels of accompanying water made th................................

Recent article, click HERE

IOF IOFINA TOMMOROW, highly speculative stock but looks like its hit a 3 year bottom and bouncing off it.

Looking for a blue day here.

Here we go now in the blue.

shorters closing, here is the latest stock on loan chart figures.......

http://dataexplorers.com/includes/php_proxy.php?Source=SF&Version=1.0&Days=90&Field=Quantity&IdType=ANY&IdValue=iof&ChartType=Line&ChartStyle=Default&ChartTemplate=TwilightTemp2&Width=300&Height=200&Url=https://api.dxopen.com/DxlApi/Chart.aspx

Looks to have been a lot close out during July.

Going up nicely.

A bit of history to go on.

Iofina celebrates second deal

By Neil Hume and Bryce Elder

Published: April 15 2010 03:00 | Last updated: April 15 2010 03:00

Iofina rose 27.5 per cent to 42p yesterday on news of a second iodine deal.

The Aim-listed company has developed low-cost drilling technology that extracts iodine, which is used in medicine and the chemicals industry, from brine at the wellhead.

Its latest contract is with Nasdaq-listed Warren Resources in California and, according to broker Mirabaud Securities, should produce 120 tonnes of raw iodine per year. "Iofina's second third-party brine deal provides evidence of repeatability, and as new deals are added, the stock should gradually migrate into an earnings and cash-flow story," the broker said, reiterating its "buy" rating and 85p target price.

A bit of history....

Iofina celebrates second deal

By Neil Hume and Bryce Elder

Published: April 15 2010 03:00 | Last updated: April 15 2010 03:00

Iofina rose 27.5 per cent to 42p yesterday on news of a second iodine deal.

The Aim-listed company has developed low-cost drilling technology that extracts iodine, which is used in medicine and the chemicals industry, from brine at the wellhead.

Its latest contract is with Nasdaq-listed Warren Resources in California and, according to broker Mirabaud Securities, should produce 120 tonnes of raw iodine per year. "Iofina's second third-party brine deal provides evidence of repeatability, and as new deals are added, the stock should gradually migrate into an earnings and cash-flow story," the broker said, reiterating its "buy" rating and 85p target price.

Missed this from FairFax Brokers............

Iofina (LSE:IOF)31/08/2010 Fourth third party contract signed

Iofina has signed its fourth and largest third party iodine collection agreement since March this year that is expected to increase potential brine streams from 41,500bpd to 62,500bpd. Current production on line stands at 12,000bpd yielding 33-38mt of raw iodine annually.
The agreement has the potential to more than double the production base with a staged development process of up to four WET Pod units each capable of handling 6,500bpd delivering iodine of 123-143tonnes.
The new site currently disposes of around 21,000bpd of brine water containing 140ppm of iodine, significantly more than Atlantis at circa 65ppm. Initially a single pod will be deployed follwed up by a second after 30 days and the final two 30 days later. The first two units could together yield 76-88tonnes and bringing in the other two could add a further 47-54tonnes annually.

Conclusion: This latest deal should boost the companys production base substantially and could help give it further momentum to broaden its production base and allow it to further evolve and grow. Significant contracts like this are major successes for the company and should others follow the step change in earnings and revenue can add substantial value. The company continues to push on a number of fronts to secure more brine stream treatment opportunities that it has identified.

http://www.proactiveinvestors.co.uk/columns/fairfax-i-s/3310/fairfax-market-report-including-medusa-mining-discovery-metals-pan-african-and-others-3310.html

Triple bottom on the chart one of the most potent bullish signals a TA chartist could get.

Watch out for technical buyers tomorrow.

The directors of Victoria Oil & Gas (AIM: VOG), Iofina (AIM: IOF) and Sound Oil (AIM: SOU) will be presenting: Thursday the 25th August 2011, Chesterfield Mayfair Hotel, 35 Charles Street, Mayfair, W1J 5EB (Charles Suite)

The presentations will start at 6:00pm and finish at approx 7:30pm. After the presentations are complete the directors will also be available to take questions during a free canapand wine reception. Details on the presenting companies can be found below.

FREE registration - http://www.proactiveinvestors.co.uk/register/event_details/119

This event is suitable for the following: Sophisticated & private investors, private client brokers, fund managers, financial institutions, hedge funds, buy & sell side analysts and journalists.

The event is not suitable for people pursuing commercial opportunities.

If you have any problems registering or queries please email events@proactiveinvestors.com

Future looking good for this one.

http://www.thisismoney.co.uk/money/markets/article-2137335/SMALL-CAPS-FOCUS-New-site-acquisition-mappable-events-Iofina.html

http://www.proactiveinvestors.co.uk/companies/news/43318/iofina-raises-43-mln-to-support-scaling-up-of-iodine-production-43318.html