it does not work commercially, page-50

Hi tastarga,

You said "if you read the historic Annual Reports you may notice Ivanhoe back at the time of listing." Okay but Intec only listed in May 2002. That start time does not give you the number of years that you mention. I know it was an unlisted company from 1992 while investigating copper extraction but there are no Annual Reports available for the public to read.

I "Come from a legal family with two in laws patent attorneys. Am comfortable with the patentability of subsequent research to generate patents of addition. Point was along the lines of how long the whole process has taken without much to show for it in my opinion." Lucky you and your background. However look at any new development worth its salt and then see how long that development took to come to fruition.

Kelvin Club preso was singular. If I typed in the plural was an error.

"If you do indeed read the Annual Reports, start with North Parkes and the three Mongolian Projects. That is the start of the list post 'listing'!" I have do have the 2003 Annual Report, and all subsequent ones, and have noted all the possible projects that Intec has been interested in without success. Unfortunately you can not force companies to take on your process. That is why Intec has turned to building its own HMRP to prove that things work.

"Talking to engineers? I work in an office full of them. Any one of the dropkicks can upscale off a design. The trick is to make the blessed thing work out in the real world as opposed to a glorified chemistry set/demo plant. On new technology that requires deep pockets-pockets that lie outside of INL's balance sheet. Potential backers with no recourse-have not seen them lining up. Certainly have not demonstrated the faith by buying shares in INL now have they!" Intec has clearly stated that financing the HMRP is beyond its resources. It has clearly stated that it is looking for finance to come from outside of the firm. I have no doubt that that finance will become available.

"And how many ounces did INL produce last quarter as opposed to merely making claims how robust their technology is?" If you know your facts then you would know that no ounces were produced by the new technology as the new plant has not been built. Bit hard to produce without a plant to do it in.

"But I guess I only spout rubbish. Well it is a chat site after all, and unlike some feel comfortable about chatting on more than one stock? At least I do not have a vested interest to protect.

Think I will continue to dodge this one for a while and revisit later in the Year. Merry Christmas!" Well said. I will see you in the New Year I am sure.

Cheers. Mango.