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Iofina is 'on track and well funded' after reducing debt and staying productive throughout Covid-19

Published: 08:34 23 Oct 2020 BST

Iofina PLC's (LON:IOF) Tom Becker talks to Proactive London about their production projections which remain 'on track'.

Becker explains that the debt refinanced last month 'significantly reduced', meaning they are now a 'bankable business'.

He explains that Iodine prices are still strong despite some softening this year but believes as 'one of the lowest cost producers in the world' - this can be sustained depending on how the global economy performs.

Iofina outlook for 2024 "looks very good"

Iofina PLC (AIM:IOF, OTC:IOFNF) CEO Dr Tom Becker speaks to Thomas Warner from Proactive after the iodine producer released a Q4 2023 Corporate Update showing another year-on-year increase in iodine production of around 560 metric tonnes. Becker attributes the growth to the consistent...

on 16/1/24