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I think once the stage 1&2 funding has been raised for the...

  1. 279 Posts.
    I think once the stage 1&2 funding has been raised for the Hellyer Project, INL will be in great shape.

    “project financing is likely to come from a combination of project participants, debt finance and possibly some shareholder capital (although this is our least preferred option).” INL Q&A forum..

    “At present, it simply isn't worth spending that money on a dedicated gold plant at Hellyer - using either conventional technology or the Intec Process”
    INL Q&A forum..

    I’m not sure how much money needs to be raised ($70-100m has been suggested), but once the price of zinc recovers this should not be a problem.
    The worldwide credit squeeze is not going to help with regard to financing so there may be another capital raising through share issues/options (hopefully not).

    INL are far from a one trick pony:

    Strategic holding Bass Metals.
    Strategic exploration licences.
    Strategic relationship with Compass (process option).
    Strategic Overseas interests in Persia and Russia.
    Strategic holding of EAFD.

    A long term strategy for the future.
 
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