what chance intec?

Hi All,

Just to stimulate some discussion since we are all sitting on our hands waiting for ASX announcements here is something to think about. These excerpts are from Intec's ASX release.

"20/4/11Highlights
? Phase 2 trials have been completed for the spent pickle liquor recycling project, with data analysis and reporting currently underway.
? An initial market review of domestic and international opportunities for the spent pickle liquor recycling technology has found virtually no environmentally-equivalent (i.e. non-landfill) recycling competing operations within Intec?s target markets.

In parallel with the extensive technical trials in Burnie, Intec has completed a provisional market study for further spent pickle liquor recycling opportunities. To date, Intec?s technology appears to be unique in Australia for the recycling of zinc-bearing spent pickle liquor from the batch hot-dip zinc galvanizing industry. Even internationally, Intec could find virtually no competing technologies for the recycling of this type of zinc-bearing liquid acid ?waste? derived from batch hot-dip galvanizing operations.
Intec is therefore giving careful consideration to the potential opportunities for this technology once its commercial success has been demonstrated at the first commercial facility in Victoria. "

Okay, first the of all the process has to be proven to be economically viable. Can there be any doubt?
Second the process has to be proven at a commercial scale. Stage 2 is said to have been proving equipment that will be transferred to the GBG plant for inclusion in the commercial plant. If it worked in Stage 2 can there be any doubt?
Intec's provisional market study has been carried out both in OZ and overseas. They are convinced that they have no real competition with regard to treating SPL. Can there be any doubt that if the process is proven and that it is commercially superior that there will not be a worldwide market for Intec's method?

Cheers.