SDV 1.79% 57.0¢ scidev ltd

sounds like a final farewell, page-5

  1. 177 Posts.
    Hellyer Update
    Following suspension of operations at the Intec Hellyer Mill, Intec Ltd (ASX code: INL) has
    commenced a sequence of actions to place the Mill on care and maintenance.
    Staff and contractors at the Intec Hellyer Mill were provided with two weeks’ notice on Monday, 8
    September 2008, during which period an orderly shutdown of the Mill will be conducted. A small
    workforce will be retained in order to carry out care and maintenance duties.
    The recent events at Hellyer have caused the Tasmanian EPA to cancel approval for the importation of
    any further EAF dust into the state and Intec has therefore ceased further receipts of EAF dust.
    It is expected that the finalisation of flotation operations within the Intec Hellyer Mill will yield in
    excess of 1,500 tonnes of additional bulk zinc-lead concentrate, resulting a total final shipment of
    approximately 8,000 tonnes.
    All relevant stakeholders have been notified. Intec wishes to thank the Tasmanian Government for its
    support, as well as that of the many shareholders who contacted the company during the week.
    Yours faithfully
    Intec Ltd
    Philip R Wood
    Managing Director and Chief Executive Officer
    ABN 25 001 150 849
    ASX code: INL


    EPA cancelled ( for how long
    Eafd stored in Melbourne and Hellyer (what now
    What about the moneys paid out in bonds
    What of the money paid to inl to move eafd

    WHAT A HALF BAKED STATEMENT THAT WAS, is there no end to unanswered questions?
 
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