TW, INL has announced that today they take 100% ownership back (Zinc / Lead production) that means 100% revenues.
Making calls like "this one's going lower, back to 2c" you've got absolutely no factual information to support those ridiculous claims and that's where posters loose credibility.
If anything this stock should be on the up as its production of the two metals that have taken a pasting and still remains cash flow positive when GIANTS like PEM & CBH are going broke with cash costs of over a $1 per lbs of Zinc. Today the stock trades at 4.1c then in the Auction someone sells down to 3.6c (12% lower then the price at the time) LOL.
I will agree with you on one point this stock is not going to fly anywhere in a big hurry. What investors in Intec should be looking for are key signs that the business remains profitable, they continue to advance the Metals Recycling Project etc which they poured over $5 Million into the 12months from the revenues of the HZCP and IMO this has been confirmed very clearly in a sensational report put together by Dave yesterday.
If you have unrealistic expectations (eg Mango) who thought the MRP was with the 3rd party consultants then of course you'll feel disappointed, but that would be Mango's fault for reading way too much into nothing. When I told you all along the MRP was still with INL some of you were talking tough that I was wrong and a few more interesting comments etc LOL fairdinkum..........
Now we know there is an announcement due this month (Pre Financing MRP) significant news to use Intec's quote. That's why I have stuck to my view that the 2nd half of 2008 is make or break. IMO from the last two announcements over the last 48hours it looks clearly like it's going to "MAKE" Intec.
PW presents in the US where he will also meet up with Horsehead & ZincOx, I reckon the yanks will luv the sound of strong cash flow and an environmentally clean technology that is on the cusp.
US have a soft spot for technology innovators and may just see this as a cheap company which they could well make their own. With so much script in Retail hands wouldn't take much to share the tree, easy pickings and it will come IMO.
Regards
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Mkt cap ! $89.20M |
Open | High | Low | Value | Volume |
47.0¢ | 47.0¢ | 47.0¢ | $10 | 21 |
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Price($) | Vol. | No. |
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2 | 18002 | 0.460 |
2 | 102197 | 0.450 |
1 | 2000 | 0.435 |
2 | 105235 | 0.420 |
Price($) | Vol. | No. |
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0.470 | 24892 | 1 |
0.480 | 604 | 1 |
0.495 | 43156 | 2 |
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0.505 | 47699 | 1 |
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