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steady state, page-12

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    no hedging of prices There has been no hedging of zinc prices, only offtake agreements by the chinese and european companies, prices will be set according to the prevailing zinc price closer to shipping of the concentrates, and if base metal analylsts are correct, Intec and its shareholders should benifit as inventories continue to diminish and zinc prices rise. It certainly was a great 4th qrt.report released and if read carefully there is lots of good news on the horizon.Cheers.
 
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