Hi DaveINL Share Price & Key Initiatives The 2007-08 Financial...

Hi Dave

INL Share Price & Key Initiatives

The 2007-08 Financial Year Intec share price has again badly underperformed finishing the year at (4.6c), clearly compared to the fundamentals / assets of the company. My question is What key Initiatives does the Senior Management team have in place in the 2008-09 fy to provide share holders a return for their investment?

As we are now in the new 2008-09 Financial Year, the Intec Metals Recycling Project is the number one priority of Intec’s business plan, the market has clearly lost its faith that Intec can actually deliver this project with the ongoing project extensions (delays).

With Millions of dollars in Environmental Bonds paid to both the VIC & TAS Governments and many more Millions spent developing the IMRP to date the company through its various releases gives the impression that it is unsure whether the IMRP can actually be delivered. My question is How confident is Intec that its flagship project is not just a dream but actual reality & what assurances can Intec deliver to its share holders?

Can I now suggest that Intec deliver a straight forward project deadline ‘several months is clearly not acceptable’ it has now been over 2 months since the announcement to develop Stage 1 & 2 simultaneously and provide a monthly market sensitive update on the IMRP highlighting the progress made.

Regards