financial year 30.06.08, page-4

deidre i think the penny may have dropped for some people after seeing these figures and then extrapolating that into what we can expect next year and this is just the current setup. So not including what comes of the MRP and associated expenses with that the current financial situation for INL is not too bad eh!!!
As i mentioned earlier INL has the ability to cut some costs i'm sure and could turn a nice profit if the need arised and the MRP had to be delayed for any reason.
Also the stake in BSM would be very attractive to other parties if they find their elephant they are searching for out there in ther tassie wilderness. What an easy way to take a large stake in a company in one swoop than to buy it from another holder!!! Could be worth a small fortune if things go the way i think they will in the not too distant future.
How many companies on the asx would love to be in INL's position right now.
Lots out there with higher SP's and less potential and even bigger losses reported recently.
One word..... Bargain!!!!
Heaps of upside for approx 3cents Imo.
Cheers