Juice, funding is the least of our worries at the minute. Lets get the hard numbers released first, I disagree with your quote "I feel it safe to say that Intec will be unable to obtain 100% finance (no matter how good the numbers )" in this current climate only the very good projects will get the cash / equity backing, the MRP is that such project.
Intec has something very different to your average mining operations that are basically all up the proverbial right now (PEM, CBH etc even OZL for that matter). Nystar & Onesteel will want a big piece of the MRP plus overseas interest China is the dark horse.
I would not lose much sleep over financing an exciting project like the MRP for a second. What I'm looking for is the clear indication that the MRP has received all engineering approvals and the robust economics disclosed, mate the rest will take care of itself as you'll find companies jumping over each other to take a position either in the project itself or the Intec share register.
And if your theory is correct and eventually the MRP becomes a Copper / Zinc / Lead project then that will be even more attractive. IMO there is some very exciting things happening over at Intec and like me if share holders give this company the 2nd half of 2008 to prove up the MRP and we see some consolidation in the prices of Zinc then you can add a very healthy earnings profit from the current production as well, this company is going to look very cheap and a quick re-rating will occur.
Some very exciting times ahead for INL.
Regards
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