the inside trader recommends inl

If not posted before ... this from 12th July (late in opening my emails!) - may help explain the recent rise?


THIS WEEKS STOCK IS Intec Ltd (INL)

INSIDE TRADER OBSERVATIONS

This stock has had Directors buying into it as the price has been falling and there is currently a solid support in buyer demand and smart money at around the 13c level.

Please regard this as a speculative investment.

******

An Australian public company listed on the Australian Stock Exchange (ASX), Intec Ltd is the owner of the Intec Process, a revolutionary technology for superior and sustainable metals production.

Developed over the last 15 years to its present state of commercial readiness, the 'Intec Process' is actually a set of patented hydrometallurgical processes that have been conclusively demonstrated to produce high purity base and precious metals from concentrates of sulphide ores. The Intec Process has substantial environmental and cost advantages over both the widely used conventional smelting and refining processes and other known hydrometallurgical processes.

While the Intec Process is applicable to a suite of base and precious metals, historically technical and commercial development work principally focussed on the application of the Intec Process to the production of copper and zinc metals.

The Intec Copper Process, the Intec Zinc Process and the Intec Polymetallic Process have been proven at both the pilot and demonstration plant scale. The Intec Gold Process has been proven at the pilot scale, while the Intec Nickel Process and other specific applications have been shown to be feasible in the laboratory.

The Intec Process represents a paradigm shift that will, over time, have a substantial impact on the structure and economics of the world base metals industries. For example, the Intec Copper Process will economically transform those copper sulphide deposits that are not viable with current technology and improve the economics of operating mines through reductions in offsite operating costs. The Intec Copper Process also has the potential to reduce the downstream fabrication costs of some copper products including tube, rod and wire products.