It had an attempt at breakout...it will get there in a week or 2 and then it will keep going. The thing to look at with intec is "bluesky" potential. This one has excellent technology and it will be sucessfully implemented for the first time. They are going to receive a lot of interest from large mining companies. Can you imagine how much potential value can be unlocked from transforming dam tailings into cash.
I topped up and I'm happy to lock this one away for a good year to see what happens. Bulk zinc concentrate production is scheduled for the end of this month. This will bring them 50 million PA profit which is 25 million as they will receive 50%. 25 million profit with a market cap of just under 83 million seems pretty good to me.
Show me the money!
the chart says it all, page-2
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Last
37.0¢ |
Change
0.025(7.25%) |
Mkt cap ! $70.22M | |||
| Open | High | Low | Value | Volume |
| 35.0¢ | 37.0¢ | 35.0¢ | $49.72K | 138.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 166360 | 36.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 38.0¢ | 13726 | 1 |
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| Last trade - 15.48pm 28/06/2024 (20 minute delay) ? |
| SDV (ASX) Chart |