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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I think once the stage 1&2 funding has been raised for the...
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50.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $95.85M |
Open | High | Low | Value | Volume |
50.0¢ | 50.5¢ | 48.0¢ | $125.6K | 257.3K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 10686 | 48.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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50.5¢ | 47699 | 1 |
View Market Depth
No. | Vol. | Price($) |
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1 | 2058 | 0.480 |
2 | 6031 | 0.475 |
1 | 38210 | 0.470 |
1 | 11000 | 0.465 |
3 | 17452 | 0.460 |
Price($) | Vol. | No. |
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0.505 | 47699 | 1 |
0.510 | 87736 | 3 |
0.520 | 25000 | 1 |
0.525 | 42000 | 2 |
0.530 | 45524 | 4 |
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