Hi tweaty2,
Well there will be some cashflow from the 3rd quarter onward. $2.50 a tonne treated by the Hellyer Mill won't be magnificent but have a look at what BSM is expecting to put through the mill each quarter. Up until then Intec has enough cash to do a lot of things.
I agree some "action" reporting would indeed be helpful in understanding the delays but read my previous post above.
I also agree it will be a make or break year. No more excuses as to why Intec is not being successful will be tolerated.
However at the moment, like 3500 and petergorman above, I am accumulating. Picked up some just over a fortnight ago at 2.7 and some a few days ago at 3.0. Sat on BUY orders at a tenth of a cent lower till it became fairly obvious that I would not get them cheaper and went up that tenth to secure the purchase.
Now only time will tell if my judgement and trust in management and process proves correct.
Cheers.
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Hi tweaty2,Well there will be some cashflow from the 3rd quarter...
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