Hi sydney6791,
Yes they have said that they "have successfully proven the technology for the commercial scale" but I suppose everyone is waiting for them to vouch for the process to be economically superior. I can't believe that it won't be economically superior to the present method but we know nothing of the costs of the process.
What is the cost of re-agents, the labour cost, the amount/cost of electricity for the cell, etc. We will never get to know those figures so eventually Intec will have to be bold enough to make a very positive ASX statement that the process is economically superior and that the building of the commercial plant is a "goer".
Until then one can only sit and wait and watch the share price remain fairly static. At least the 2.7 cent Buy/Sell trades remain even today.
Cheers.
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