Fair question Gizmo. I will be disappointed if the price isn't...

Fair question Gizmo.

I will be disappointed if the price isn't well up in six months. This gives INL more than enough time to sort out the grade issue from the tailings dam at Hellyer and to have the slag/EAFD project operational. The real upside for INL is their intellectual property and they need to get JV/licensing operations underway before this starts to snowball. IMO, INL management is untested in this area. I'm hoping they get into a JV with their copper process once the current operations kickstart their cashflow and then follow up with licensing to spead the technology.

The INTEC copper process has the goods to be the world standard for copper production. Once commercially proven, it should be cost effective for even large producers to demolish their copper smelters in favour of the INTEC process. INL management needs to be adjusting their business plan in line with this long term objective. As I've already said they seem to be untested in this area.

Opaline