I deliberately haven't posted on the announcement till I had a...

I deliberately haven't posted on the announcement till I had a good look at what the Delta plant rights to purchase means to INL.

With again the wisdom of hindsight, I am now quite understanding of the reasons PW took the actions he has over the last 6 months.

The direction INL had to take, needed to change strongly if they wanted to get this plant from Delta. I may not like it, but it does make sense.

I was most disgruntled at the management a few weeks ago when it looked like their core assets were being flogged of cheap, at a time when they were not going to bring any where near optimum price. As a result I vented my spleen and strongly questioned PW's actions.

Looking at the situation post Delta plant notice, I take back my doubts about PW and have come to the opinion he is a lot more capable then I gave him credit for, maybe even visionary.

This plant purchase (if and when the purchase goes through and all the hurdles are overcome), would give INL the basis of a plant that greatly exceeds their original stage 2 MRP capacity, at approximately 25% of the price. All this and some other immediately useable process equipment thrown in like the proverbial set of steak knives.

Yes there are steps and hurdles to overcome, as Mango so competently put in his post, but I dont think these problems are unsurmountable.

Looking at my long term holdings :-( and my short term holdings in INL :-)-

My short term holdings (all purchased below 2.1c so far) look so attractive, I have changed my avatar to a dump truck theme. For older HC posters the dump truck use was commonly used by the former "pineapple picker" Goblin... "Toot Toot" especially on the NCM forum. Apologies for borrrowing your theme Goblin if you are reading this :-).

Till the situation changes and the value in INL is less evident, my dump truck will appear occasionally when I am backing up the truck as finances allow.
Cheers to all holders,

Datrat