it does not work commercially, page-15

Hi Tas,

Whilst the project economics for the metals recyling project is currently being updated to include both Stage 1 & 2 combined I think it is extremely unfair to suggest that no one will back them. One needs to consider that Intec haven't had a chance to present the final economics to potential JV partners for consideration. Only once that milestone has been completed can they take negotionas to the next level in relation to the Metals Recycling Project.

Your comment, "It appears to be a cactus quaker? LOL" sounds more like a gratitutiously negative snipe ... it doesn't serve you well or add much value to the discussion.

It's fair enough to critque someone after the event, but to run them down prior to giving them a chance to finalize a deal is not being very objective, let alone constructive.

Clearly financing will be critical, so let's see how it plays out first.

I think your logic appears somewhat faulty as the technical capability of the Company has been significantly enhanced compared to its early days. By looking as far back as you have to extrapolate the future is at best very questionable logic ... so much has changed.

I would much rather to accept the economic & technical conclusions of an independant organization such as GHD who would be in a far better to pass judgement as they are able to use live data generated from the Burnie Demo Plant to substantiate their POV. No doubt potential JV partners will be studying those documents as well.

But then again, they could save themselves a lot of moolah by subscibing to HC and getting the 'good oil' from the likes of yourself.

Cheers
Boomer