SDV - SciDev Limited

[dhukka]

Personally, I think a drop in Zinc prices shouldn't be looked at as 'doom and gloom' for zinc companies. Everything points towards long term demand.

INL's chart only looks iffy because since the beginning of December, so much stock has been offloaded. If this hadn't happened, I imagine the sp would be over 30c by now - looking at the chart pre Dec that is.

IF INL hits 15c, I'll be buying for sure. I just can't see it though.

Actually AFL guy the charts I was referring to are the zinc charts - falling off a cliff would be an apt description. I like INL's medium term prospects but prefer to monitor zinc prices and stocks for a while before entering.

 

[juddy]

Hi Tony,
should that be 43m for zinc?

cheers

 

[camaybay]

Even at today’s subdued level, Intec’s share price has quadrupled over the past 12 months.
Remarkably, this is despite the departure (either fully or substantially) from Intec’s share register
during that period, for a variety of reasons, of all of the company’s erstwhile nine largest beneficial
shareholders. However, I have recently and definitely been advised by the current major
shareholders that they have no further foreseeable selling intentions. Now that Intec is demonstrably
a cashflow positive zinc producer, I will be looking to fortify the Company’s institutional
shareholding base in coming months.
Yours faithfully
Intec Ltd
Philip R Wood
Managing Director and Chief Executive Officer

Extract from quarterly report.

MLS is still drilling and not producing although very +

the MD's sentement is positive and the first production output is dispached/sold/invoiced.
If it still drops through others restructure, then is will be a bigger bargin than before. vide qtly report

 

[drmb]

Some fundamentals of INL for anyone getting concerned.... Below from the April 5th 2006 announcement. Etc, etc Tony.

Thanks Tony, nice reading to me and did see some of it as part of my research before I bought! Still holding but hae been surpirised to see it slide from high 20s down and expect Monday to maybe see it go low as 15 or 16 - just a hunch and just speculation, based on panic sellers. I will still hold and keep thinking that I should just stuff this in the drawer and only have a look at it again next year. I am not a day trader or a short term trader and DYOR, etc

 

[wintermute]

Hi juddy, calculation for zinc was done thus:

65000 * .38 * .5 * .9 * 3000 = 33345000 I then rounded it to 33 Million... That is US $

65000 is the tonnes per annum concentrate.
.38 is the 38% zinc
.5 is for JV
.9 is because intec said in the latest report they are being paid 90% of the contained metal value. but yes it would be very close to 43 million aussie dollars. I just did the conversion to aussie dollars on the combined zinc lead and silver totaled there was some rounding (down) to the nearest hundred thousand or million

Tony.

 

[PhoenixXx]

Despite of the drop in zinc price last weekend, but in the long run I'm still rooting for this share.

 

[Moneybags]

Long term this co looks great........short term I thought so too........I am however reducing my holding today and will buy back in when the chart changes direction.

MB

 

[imajica]

I realise that the zinc spot price has taken a hammering but don't people realise that INL will still make a decent profit on a spot price much lower than this!

the market is so predictable and reactionary sometimes - obviously people not doing their research

 

[constable]

Well i bought in at 20.5 after that big mother of a order was placed. Will be interesting where ivanhoe places its next order, you would think that they'd be spewing at these prices.
edit and another 50k@ 20c now i hope i dont have to eat my earlier post about waiting @18.5c.

MMMM tastes good that post! I have picked some up now!
Lot of people seem to be shorting judging by the way 18.5c got snapped back up

 

[nizar]

Trade the price action guys.
This stock has been a dog for a while now, giving plenty of sell signals.

 

[toc_bat]

im glad i sold at 24.5, not glad i didnt at 29-30 mark,

was convinced i was jinxing this one, good to have proved myself right for once,

still believe this has awesome potential as soon as the process is saleable, just think there are 1000's of tailing dams all over the world waiting to benefit from this technology as soon as it shows signs of reversals i will try to buy if i have cash,

bye all

 

[constable]

Trade the price action guys.
This stock has been a dog for a while now, giving plenty of sell signals.

Im hearing you nizar but this stock seems to be already heavily discounted so i think today i will be a buyer of despair!

 

[Snakey]

Im hearing you nizar but this stock seems to be already heavily discounted so i think today i will be a buyer of despair!

looks to be supported for now risky buy but cheap price for this one though imo

 

[wintermute]

I'm continuing to hold, but not topping up just yet... will wait and see what zinc prices do.... if zinc continues to retreat, then no doubt so will INL.... I have my core holding now, so if I miss out on a bargain that's life It is certainly tempting to buy a few at this price and then sell them when the price bounces back, which I'm pretty certain it will.... but it depends on whether the zinc drops are just panic selling, or whether zinc has started a long term decline... I suspect the former, but not going to bank on it

Tony.

 

[wintermute]

Shortly after having said that, I bought some more saw some available at 18.5 and got them... looked at the chart and next major support looks like 17c... INL is starting to be one of my bigger holdings... but I guess given the potential I think it has, thats not a bad thing... I just hope I'm right!!

Tony.

 

[constable]

Shortly after having said that, I bought some more saw some available at 18.5 and got them... looked at the chart and next major support looks like 17c... INL is starting to be one of my bigger holdings... but I guess given the potential I think it has, thats not a bad thing... I just hope I'm right!!

Tony.

What i find interesting other zinc stocks are off about 5% and inl has been off double that and its already discounted?! Why is it so?

 

[Snakey]

What i find interesting other zinc stocks are off about 5% and inl has been off double that and its already discounted?! Why is it so?

this company needs high zinc prices to support itself... if the price drops too far the idea this company has will be worthless (not sure of cut off point)

 

[constable]

I realise that the zinc spot price has taken a hammering but don't people realise that INL will still make a decent profit on a spot price much lower than this!

the market is so predictable and reactionary sometimes - obviously people not doing their research

Snakey's raised the idea of a cut off point where it would not be profitable for inl to process at a certain zinc price. Imajica do you know the answer to this ?

 

[imajica]

zinc prices will bounce back soon enough - increased demand will see to that - INL is still profitable even at 90c lb

 

[constable]

zinc prices will bounce back soon enough - increased demand will see to that - INL is still profitable even at 90c lb

Well that's ok then Ive got the current price @ $1.48 from the lme.