one thing i will say, page-26

Administration costs are not likely to be tens of millions of dollars!

The fact that the company's share price has drifted lower on light volume for a few months during the ramp-up phase is entirely unremarkable - look at the longer term chart and tell me it's not in a sustained up-trend. Once the quarterly and half-yearly revenue figures are published, investors' attention will once again be focused on Intec.

Longer term, for all the reasons that Deidre stated, as well as the buy-back of the joint-venture for one dollar, and the technology upside, we will probably see multiples of the current market capitalisation - but if you see better opportunities elsewhere, by all means share your research with us.

Intec was my largest holding, but Mintails (MLI) now is due to its recent price increase, and for what it's worth, I feel an easy doubling of MLI's current market-cap is likely within a year.

Any other tips?

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