Tradewins,
You raise good points and I cannot answer them from my knowledge. Perhaps the Company will give some additional information in a day or so.
One possibility that crosses my (feeble ?) mind is that processing from the tailings dam is no longer the most attractive option and that the shut down is in preparation for something better (toll processing perhaps). Wild speculation on my part.
Given the intinsic value of INL (the Mill itself must be worth somewhere between 5 and 10c per share and there is the BSM shareholding etc to add) I will be surprised if there is not more buying interest tomorrow.
The company must be, or should be, on someones list as a cheap take over prospect. At present it could be bought for about 30% of the intrinsic value, spin out the technology aspects and get the physical assets for free.
Great sale of the options (10 shares @ 0.4c) to paint the chart adversely on the close !
Best wishes to all,
TerryA
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