4c qrtly, page-15

Thanks Maddoc,
I'll try to put a MINIMUM ,No frills value for INL.
(1) 4m Cash.
(2) 5m royalties from BSM.
(3) 5m IP ( XJ Nippon paid 5m + a sweatner to share their own IP)
That gives INL a Minimum SP of 7c,with no value whatsoever ascribed to their multiple projects in the pipe line that will be cash generating shortly.
The market was not wrong when it pushed the SP to 9c on such mind boggling volume.
The problem with INL is that it disappointed too many shreholders & lost them fortunes.
It wiil come back in favour when old hands get out.
Cheers.