Hi All,There is more hopeful news in the Intec presentation than...

Hi All,

There is more hopeful news in the Intec presentation than I thought.

Copied from the presentation;

"Current Project: Galvanising Industry Wastes

? Intec has proposed a cleaner, cheaper zero waste
alternative process to recycle the metals and acid back
into useful products
? Stage 1 testwork of a $2.8 million project is already
complete
? This project is expected to yield a full-scale recycling
facility by 2011, for the recycling of a minimum of
1,000,000 litres per annum of spent pickle liquor"

Originally I read the above as being built in 2011 but on the re-read I see that the "full-scale recycling facility" is expected to be operating "by 2011".

That means being built in this year.

Things appear to be closer than on my first read.

Cheers.