SDV - SciDev Limited

[Sean K]

that's been happening for the last couple of weeks K. Why? That's the question.

Not sure Juddy. That is a lot of $$ on a 17 cent speccie. I actually think the exact numer of shares to price comes to $250K. The entire company isn't worth much more than that!

Interesting day on INL today. Tested $0.16 and finished above which is good. Holding above $0.165 looks to be important too. There's a bit of build up there. The next couple of days will be revealing. If it can't hold above $0.16 I'll be out to wait clear direction. It could end up just trading sideways for another year!

 

[Broadside]

Not sure Juddy. That is a lot of $$ on a 17 cent speccie. I actually think the exact numer of shares to price comes to $250K. The entire company isn't worth much more than that!

Interesting day on INL today. Tested $0.16 and finished above which is good. Holding above $0.165 looks to be important too. There's a bit of build up there. The next couple of days will be revealing. If it can't hold above $0.16 I'll be out to wait clear direction. It could end up just trading sideways for another year!

this stock has been capped and manipulated and smashed down for some time, a few weeks ago it threatened to break out around 14c and was smashed down to 11.5 cents in one day...it wasn't discrete selling it had motive to knock the price down. Could just as easily have been fed out slowly for a better price. I don't know why but it gives me confidence, someone is accumulating beneath the cap.

 

[Caliente]

Hi, just had a scan and I'm liking the spread and depth at the close of trade today for INL.

Looks like a positive day is in store for tommorow.

 

[Sweet Synergy]

breaking recent AND 2004 high on vol ... I'm in

 

[Sean K]

Yep, cleared those sellers at .175. Looking like it's been rerated. .16 becomes support.

 

[Sean K]

With this volume .19 is possible.

Some really big parcels of this have gone through today. Perhaps corporate. Wish I had YT's brokers to look into it.

 

[chris1983]

Good long termer dont you think Juddy and Kennas?? Look to be a company in the making. Ill put these away for some time

 

[Sean K]

Good long termer dont you think Juddy and Kennas?? Look to be a company in the making. Ill put these away for some time

Depends a lot on Hellyer Chris. If it works, then YES!

 

[chris1983]

Depends a lot on Hellyer Chris. If it works, then YES!

hahaha I just assumed its working allready due to the price rise...and their demonstration plant. I should never make assumptions. Well yes hopefully they will confirm it. I reckon its a goer though.

 

[Sean K]

This is OUTSTANDING breakout material now. he he. Got in at the right time. $0.16 should be good support now, unless Hellyer is a turkey. With this type of run, and volume, I would not be surprised to see an ann come out very shortly. This is not U phoria crazies driving the price up.

 

[Sean K]

Chart

 

[Caliente]

mroning kennas, just heard the term "u-phoria" bandied around today, and its a goodie

As for INL here, the mornings breakout was pleasant. As is not unusual for the stock, the sell side is heavy all the way, BUT the change is a rush of invigorated buying momentum.

Question: what happened? Broker report? Media? I dont see any news whatsoever.

edit - as I speak, the 19c barrier is being dissolved.

 

[chris1983]

This is OUTSTANDING breakout material now. he he. Got in at the right time. $0.16 should be good support now, unless Hellyer is a turkey. With this type of run, and volume, I would not be surprised to see an ann come out very shortly. This is not U phoria crazies driving the price up.

Your right Kennas. Im happy. I sold 15000 to buy GDN though. Grrr. I still have a nice holding. Looks good. I like them..lots of blue sky potential with their technology.

 

[chris1983]

19.5 now. There has to be a message coming..ooo cant wait haha

 

[Sean K]

mroning kennas, just heard the term "u-phoria" bandied around today, and its a goodie

As for INL here, the mornings breakout was pleasant. As is not unusual for the stock, the sell side is heavy all the way, BUT the change is a rush of invigorated buying momentum.

Question: what happened? Broker report? Media? I dont see any news whatsoever.

edit - as I speak, the 19c barrier is being dissolved.

No news Caliente. Will have to look back through their anns to see if anything was due.

 

[Snakey]

On to the tune of 200000/ .19
let go for a ride!!!

 

[juddy]

I'd expect a confirmation of first production.

 

[Caliente]

From the latest ann (31/10/06), only two pieces of information spring up.

"Samples from the BDP have been sent for external testwork, with the results to be combined with data
from the ‘steady state’ BDP operations to contribute to the updated feasibility study (FS). INL is working
with WorleyParsons and other service providers to advance the FS, with the study expected to be
completed during the first half of 2007."

"Slurry commissioning of
the plant is scheduled for 2 November 2006, with first production of concentrates due in the following two
weeks, at the annualised rate of not less than 65,000 tonnes per annum (approximately 26,000 tonnes per
annum contained zinc metal)."

So either... a very early FS estimate (unlikely), or more likely, that they are producing at "the plant" (the plant being Hellyer Zinc Concentrate Project [HZCP])

Of course, this is only my until an ann actually comes out from INL.

 

[Sean K]

OK, from their last ann on 31 Oct it seems the BDP has been fully tested and run at steady state, and is now been put in cotton wool. This is just Stage 2 of the project. The results of the test are being placed into a Feasibility Study working with Worley Parsons with results due in first half 07. So, that is not driving this atm. Although, perhaps the results are looking so good already that people are piling in. Perhaps with WORs involvement, the word is out.

Next is the HZCP JV with Polymetals with the first production occurring 2 Nov with results due in the two weeks following. That is now, so this could be ann very shortly. Perhaps that's why it's runnng now.

Another significant factor is POZ. This has got to be driving INL as well.

Also remember, there are some big names behind this. Macquarie just one.

 

[Sean K]

LOL.

You beat me to it Caliente.