anyone game to comment on the 1.5m bid...?

lol...chances are he will probably will be gone at the open...

But you never can tell these days?

Certainly very few remaining in the depth from previous sessions, suggesting the recent two-point-churn traders may well have been overun by the buy and hold brigade yesterday...so it may well be that a large block of short-term overhead has finally been broken here and that what we are seeing is in fact, genuine buying tactics at play.

Certainly yesterday was indicative of such a scenario.

Obviously the Polymetals JV has stired the small end of the market...but personally, I think it's the fine print that has really excited the bigger players here.

"Burnie Demonstration Plant is now achieving it's required technical outcomes and will very shortly be the subject of a separate ASX announcement."

Given the long term approach to the "intec process" and the many many years of blood sweat and tears...and more than a few shareholders $$$...that have been poured into it's development, I find it strangely appropriate that such a significant landmark event be buried amoungst a short-term market "spinner".

Lets look at that again..."...achieving it's required technical outcomes..."...does this not mean the plant is in fact working as it should be?

Is this not something the company has devoted virtually every minute of it's existance to in recent years?

Is this not an important development?

This little "add-on" detail to the announcement, in my view, has been long awaited by more than just one serious player...and short of the main announcement which is due any day, we have virtually been told it's a goer!

I suspect management might be trying to quietly warn everyone following the company to be ready.

Big big players involved here...just take a look at some of those who have been involved in sample runs and lets not forget Ivanhoe's 12.5% steake...so might be an idea not to discount any possibility here.

INL is cheap...very cheap...cheap enough perhaps for a corporate move?

With more than one "player" with a vested interest here, it might be seen as a wise move to accumulate a strategic position...especially while the volumes are there and the price is so cheap?

As such, I would not be surprised to see the odd substantial shareholders notice near term?

Cheers!