irc project update

I would like to know if anyone has fully read (unlike me who only previously glanced at various parts)and drawn any conclusions as to what it may finally mean in ways of income outside the upfront $1.4 million dollars.

My Take.
Stage 1. Treat 25,000 tpa to produce 5,000 tpa LME special high grade zinc earning $6 million of which Intec receives $2 million. If successful.

Stage 2. Treating 200,000 tpa (generating 20,000 tpa LME special high grade zinc) earning ???? Taking 3 years (from Now???) Intec receives ????? PA. ???

200,000 tpa is the current residue output from????

And they have 2,000,000 tonnes sitting in a waste pile.

My initial conclusion is that this could be a steady and increasing stream income, but I may be wrong and it isn't going to happen over night. Surely there must be some sort of royalty or licensing payment after the 3yr stage 2 if it is successful.

Would welcome any opinions.