SDV 3.13% 49.5¢ scidev ltd

Hi Boomer, thanks for those posts there is definitely some...

  1. 1,367 Posts.
    Hi Boomer, thanks for those posts there is definitely some correlation there and with INL getting 100% of Hellyer this would just be the first step in many over the coming months.

    Intec have made it clear that they are in advanced negotiations for 3rd party ore deals to be processed through the Hellyer Mill. I have no doubt we will see a few agreements in place during the 2nd half of 2008.

    Just the Fossey Zone alone will add an extra $40 Million per annum to gross revenues. INL have a very important asset there in NW Tassie in the (2 million ton Hellyer Mill) and will no doubt support the small miners in that region through processing their High Grade Ore.

    Regards
 
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