To my mind the really relevant information contained in the quarterly report are these two sentences as they indicate INL remains a going concern now into the forseeable future and the future of the Intec Metals Recycling Project remains intact in whatever form or whereabouts it may end up ultimately.
1. Further updates for shareholders concerning the Intec Metals Recycling Project will be provided monthly.
2. The Directors consider that the Company’s available cash, receivables and other liquid current assets are sufficient for its immediate working capital requirements and that additional capital will be raised as required on favourable terms relative to the current share price.
SDV Price at posting:
19.0¢ Sentiment: Hold Disclosure: Held
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