Well how disappointing is today’s announcement, off the scales I...

Well how disappointing is today’s announcement, off the scales I would imagine. To shut up shop completely is a massive call, geez on such a good general day for the market to make an announcement like todays is a massive set back.

You can only go on the information provided and until today INL were confident that the current production was at worst marginal. AUD in decline was putting Zinc on a 3 month high in AUD terms. So is this decision to protect the $5 Million in the bank account?

It staggers me to think if a company knows its line ball margins that hedging was never every considered an option. Key management decisions are so important and INL have been let down with some poor one's to date.

So what happens now to Stage 2 of the MRP? Isn't this reliant upon the Hellyer Zinc / Lead production. Absolutely shocked at the state this company has been run down to. It’s in the lap of the gods now, so many millions spent and nothing in return, sums it up really.

We need some positive news on the MRP asap, it's the only game left.

Regards