future, page-47

Hi Greystone / Mango

I don't expect the March Qtr Report to have any major effect on the share price however INL is a producer and I’m always interested to see the production / revenue numbers of the Zinc / Lead project.

As I understand it the Intec Gold process has been tested on the tailings and has a 65% success rate which was far better then the 15% recovery rate using a the CIP plant.

The gold production from the tailings maybe at least two to three years away is my guess as there is to much already in the pipeline. INL has also been very positive about their china office so we may get something really positive from there.

INL a long term target of ZFX? Hard one to speculate on but put it this way when INL deliver on the current line up of projects then you just never know.

I've always wondered with the massive Helleyer Mill and Infrastructure over there in NW Tassie why ZFX hasn't bought INL just on the Mill and related infrastructure then spin out the tech / process side of the business as another string to the bow??? At 2mt pa throughput just imagine what ZFX production profile would be and the extra dollars from two major operations in NW Tassie (current Rosebury operation and a second Helleyer operation) maybe truck the high grade Rosebury ore to Helleyer who knows?.

Regards

ps: I did read somewhere that to build the Helleyer Mill & Related Infrastructure (incl Rail link to Burnie Port) would cost over 100million, a bit of food for thought hey.