"However i cannot see the company going backwards. the SP yes,...

"However i cannot see the company going backwards. the SP yes, but not the company."

Who-cares-WC, why is the market not valuing the company according to your views ?

And why has this company under the current management/board been in a constant downtrend of the past two years including the 1 Dec 2006 “groundbreaking company saving be all-end all announcement”: “Commercial Zinc Production Commencement at Hellyer”

It is all too obvious that they are burning far more shareholder capital than what is sustainable.

PW’s INL is spending (cash burning) like the many Aussies, who are overspending on their credit cards without much prospect of being able to repay. Selling assets (walk away from their houses) to meet financial commitments.

In the past so many here posted on the value of the Hellyer plant - blinded by the suggested replacement value. They did so without taking into account that the plant is (now was) only worth what a buyer was prepared to pay.

Denial can be hard to overcome.

PS. My Disclosure: "Stock Held" is all in INLO’s, which I kept after a past capital raising. The fully paid was dispose of immediately as they arrived into my account.

The INLO’s is like a bet on the Melbourne Cup – in this case, the race is still running around track, with the INL donkey at the end of the field.
The commentators noting the INL donkey is running out of puff and halting due to pain.
The PW jokey, dressed in silk in the colours of a ripe Calypso mango, is using the whip hard, but no advancement is obvious.