Pumper, some good questions there, firstly if the two 5KT shipments in June had been included INL would have reported roughly a 5-6million dollar profit, but it rolls into the September quater FY 2008 which will be a bumper year for INL in many aspects, cash flow (MBL 2008 INL earnings are very bullish) & INL's patented process in the IHRP / JV's Outotec, don't forget CMR either, there's a lot more to that story.
Their processes work at lab level, demo plant level and INL are now building into full-scale development with additional contracts signed with Smorgon Steel (EAFD 30% zinc). This is a value growth stock with strong fundamentals, but out of favour with the market, but it doesn't take long for that to turn around, I'll sure be holding when that happens.
I'm already looking forward to the Sep Quarterly.
Good work INL, some real effort went into that report and is much appreciated.
Regards
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