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how much did it cost intec , page-5

  1. 1,367 Posts.
    "It obviously makes a difference to whether this is seen as beneficial or a burden to Intec."

    TW, INL get 100% of the revenues from the Zinc / Lead Operation, how on earth can this be a burden when all the staff continue (business as usual) and the operation still remains cash flow positive.

    Sometimes I really can't figure where these comments come from. INL are moving from 50% ownership of the project to 100% ownership of the project, yup this is some burden. Heck why not drop our stake to 20% that would be beneficial for shareholders.

    Fairdinkum, the operations at Hellyer remain cash flow positive when other mid tier miners are falling over. This is a sensational announcement, Intec should have changed the Heading of friday's announcement to "Intec Double Cash Flow from Hellyer" maybe that will get the message across.

    Regards
 
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