Hi veeone,
Well as we know the cash from BSM will start to flow in the September Quarter. I agree it will be only a piddly amount in that quarter but with BSM wishing to ramp up mill production to about 400,000 tonnes annually it won't remain piddly for long.
For sure there will be expenditure between even now and then; salaries, Burnie process development, equipment purchases and even travel but $4 million will see it through when you look at current spending.
Intec DEFINITELY needs a productive long-term project. The only one I can see on the horizon is the success of the spent pickle liquor project. It is a lot to hang onto one project but success with that project will alter Intec forever regardless of any other project's up-take.
$2 a share would be terrific but I think I'll be dead before that price is achieved, if ever. I dream of a much lower figure but certainly well above its present share price.
Cheers.
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