Company
LON:IOF
Iofina plc is a vertically integrated company that specializes in the exploration and production of iodine and the manufacturing of specialty chemical derivatives. Through its commitment to technology development and investing in its people, the company successfully services markets around the globe via its business lines, Iofina Resources and Iofina Chemical.
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The new IOsorb plant, IO#7, which began to scale up operations in mid-February, is already contributing significant additional production at more than double the production rate of its predecessor, IO#3
The pound reverses earlier losses against the euro as the spotlight remains on the Sainsbury-Asda merger
A cash flow model - assuming one new IOsorb plant is added each year between 2019 and 2021 - gives a price target of 35p/share
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A glance at some of the day's highlights from the Proactive Investors newswire
Oil prices have recovered over the past year which has led to companies setting up more rigs; good news for Enteq, an oilfield services provider
Production held up even with bad weather in Oklahoma and fewer plants running during the quarter
Investments and investor services
FTSE 100 gained support from higher metals prices and a slide in sterling on Wednesday to close higher
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A glance at some of the day's highlights from the Proactive Investors newswire
The AIM-listed firm said that the site in Oklahoma, USA has undergone hydrostatic testing and evaluations of its systems and is currently processing iodine rich brine water
Investments and investor services
The blue-chip index closed at 7,214, up 46 points on the day
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Proactive takes a look at the news from the small cap oil and gas sector
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
A look at some of the top risers and fallers in London today
"The outlook for 2018 is positive, and the group will explore additional scenarios to improve its production costs and increase output," said company boss, Tom Becker
The FTSE 100 closed lower. With no Wall Street session there were fewer trading catalysts to turn the tide.
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
Investments and investor services
Cancer Research UK was immensely impressed with the company and its technology
The AIM listed firm – specialists in the exploration and production of iodine and halogen-based specialty chemical derivatives – said it now anticipates crystalline iodine production in the second half to exceed 265 metric tonnes
Investments and investor services
FTSE 100 closed down over 48 points at 7,448., while FTSE 250 shed over 55 to 20,006
Archive
A look at some of the day's highlights from the Proactive Investors newswire
