deal structure and strategy, page-3

Hi petergorman,

Regarding strategy and potential one needs to read no further than Intec's home page.

On the Intec Web Site under Projects there is the following statement;

"International Prospects for Wider Application of the Technology

It is worth noting that approximately half of the world's annual consumption of zinc (over 5 million tonnes of over 10 million total tonnes of zinc consumption per annum) is used in steel galvansing. While the economic, regulatory and technical drivers will vary from country to country, Intec expects that the Intec Process application for spent pickle liquor recycling will, once proven in the current project, be readily applied in multiple projects worldwide."

Okay so we still need time for the Process to be proven and time for the "hot-dip" processors to come on board.

It's still a waiting game.

Cheers.