new ann, page-34

"Share price performance" is of interest mostly to the speculator."

Are you sure about that?

I believe that the SP performance is a large part if not the main motivation of why all investors do as they do. Speculator or not.

I agree with the company being of quality but not the options issue, irrespective of who buys, if converted they do risk diluting value.

There are also plenty of options in the pipe line awaiting possible conversion..
Of course, the opposite to that is that the SP never reaches strike price or whatever rules applies.
This is a catch-22 for option holders and stock holders..(I assume).

"If Intec has $1 billion worth of recoverable gold and silver in their tailings dam (as they do, as well as nearly $2 billion worth of other metals"

If this is already the case, where was the planning for processing these metals instead of EAF dusts? (Zinc price as you are aware is not doing too well ATM)

“Placements are dilutive. Rights issues are only dilutive if you don't participate.”

If you don’t participate your loss is NIL.
If you do participate and make some easy money, good luck.. but I assume you need to hold stock to participate in the first place..

I can happily agree to disagree. ;)


Cheers