SDV - SciDev Limited

[Enumerate]

I was moved to post here following some excellent posts presenting a "back of envelope" estimate of revenue, expenses and P/E ratio estimates. (I still remain of the view that INL.ASX is trading at an effective P/E of 5 with lots of organic growth prospects!).

One of the better people to follow on the technology is BananaBender over on www.sharescene.com.au ...

GeeWiz is also worth following, on the same forum, on matters financial.

Lots of expertise, here, as well. (Enumerate tips his hat to aussiestockforum posters).

 

[Sean K]

Not sure what you're on about here Neil. Are you looking at the same stock I am?

Nothing bullish about this at the moment, except it's made a higher low. Might have found a bottom at 15 (I anticipated 16 to be the bottom) MACD neutral, Stochastics bearish, sp under 200d ma. Still looks vulnerable to fail under 20 cents to me. Needs a positive day ot two to gain momentum, and for those indicators to turn more bullish.

Starting to look just a little better. Short term support estab at .175. While it's around here look positive to break up. Indicators look just a bit better now. Watching closely. Could fall back just as easily at this point, IMO.

 

[Moneybags]

Kennas,

Agree starting to look a little better, however I think there are a lot of stale bulls left in this one and should SP exceed resistance @ 20 I expect a lot of selling to occur for people to get there money back. Just my opinion.

MB

 

[Sean K]

Kennas,

Agree starting to look a little better, however I think there are a lot of stale bulls left in this one and should SP exceed resistance @ 20 I expect a lot of selling to occur for people to get there money back. Just my opinion.

MB

Yes, that would certainly be a factor. There is a damn lot of volume to get through to get to 21 and more will pop up I imagine. Needs some very good news I think or it might just churn up and down for some time. Fundamentally, this does not make too much sence to me. Seems pretty undervalued, as discussed. But who am I to disagree with the market.

 

[mango65]

I have talked to Dave Sammut at Intec re Macquarie and he informed me that Macquarie and Intec are talking but until the BFS result, and the BSM negotiations are concluded, that the talks are just that. Naturally Macquarie needs the facts. Intec is also frustrated about the delay with the BFS report but they can do nothing about it except jump up and down. When Macquarie put out their assessment it will also project several years into the future based on their predictions of metal prices.
Back of the envelope predictions of revenue without info makes for a lot of hot air.
Looks like everyone will just have to be patient.
Any error in the above is mine but that is the way I understand it.

 

[juiceman]

Hey Kennas what's happened to the BOAT? please don't tell me it sank and that's your new interpretation on life from the porthole

 

[Col Lector]

INL have just released a technical collaboration agreement with Outotec of Finland ( formerly Outokumpu). This has to be a positive.
They state they intend to cooperate...utilising each others technology to develop base metal projects

 

[imajica]

Outotec and Intec enter into Technical Collaboration Heads Of Agreement

Intec Ltd of Australia (ASX code: INL) and Outotec Oyj of Finland (OMXH code: OTE1V) have
entered into a Heads Of Agreement (subject to final legal documentation) to collaborate closely in
the field of chloride hydrometallurgy.

According to the agreement, Intec makes available to Outotec its internationally patented mixed
halide leaching technology, which enhances the recovery of gold and other precious metals from
mineral ores and concentrates. Similarly, Outotec makes available to Intec its OKTOP reactor
technology developed for a variety of applications such as the efficient transfer of oxygen into
mineral slurries, which will enhance kinetics in the leach section of the Intec Process.
A world leader in chloride hydrometallurgy since the early 1990’s, Intec has developed and
patented the core Intec Process (together with patenting numerous subsequent processing
refinements) for the recovery of base and precious metals from a range of mineral and industrial
feedstocks. Intec has also recently diversified into commercial production via the Hellyer Zinc
Concentrate Project. However Intec’s business strategy remains centred on acquiring interests in
base and precious metals projects where the environmentally advantageous Intec Process can
unlock value not readily available to conventional technologies (e.g the Hellyer tailings dam,
electric arc furnace dusts, the Zeehan lead smelter slag residues, etc. which are being incorporated
into the overall Hellyer Metals Project).

Outotec is the worldwide overall technology leader in minerals and metals processing, providing
innovative and environmentally sound solutions for a wide variety of customers in iron and steel,
aluminium and non-ferrous metals industries. Formerly Outokumpu Technology (prior to its
October 2006 IPO), Outotec employs 1,800 people worldwide and recorded a profit of EUR 56
million in calendar year 2006 from sales revenues of EUR 740 million.

Outotec actively develops or acquires new technologies and processes based on customer needs and
business requirements. The aim of its research and development work is to increase the
competitiveness of metal production processes, thus improving its customers' businesses as a whole.
The common denominator of all Outotec technologies is their ability to save energy, natural
resources or capital investments, frequently all three at the same time.

Philip Wood, Managing Director and Chief Executive Officer of Intec, said today from Helsinki:
“Outotec and Intec have been closely involved with chloride hydrometallurgy for the past two
decades. During this time we have had great respect for each other’s different capabilities and I am
therefore very pleased to see this now culminating in our Technical Collaboration Agreement.”
“Intec’s strength is its diversity of patented technologies able to extract a wide variety of base and
precious metals from diverse mineral and industrial feedstocks. Outotec is generally regarded as the
world’s leading minerals and metals processing technology company, with tremendous research
facilities and personnel, extensive international marketing capability and a formidable reputation in
the financial and engineering industries.”

Markku Jortikka, President, Outotec - Base Metals, stated: “Outotec has developed the new
revolutionary HydroCopper® Process to treat copper concentrates using chloride hydrometallurgy
and producing copper rod directly at mine site. The first commercial scale copper plant is currently
in the engineering phase for Erdenet Mining Company in Mongolia. In this situation we are
extremely happy to have established cooperation with Intec, which we regard as one of the pioneers
and most innovative companies in halide hydrometallurgy. We look forward to achieving great
results in commercialisation of new technologies and based on Intec’s and Outotec’s joint efforts.”
Intec and Outotec now look forward to identifying and jointly developing base and precious metals
projects where their respective technologies can be brought together to create additional value.

For Intec Ltd:
Philip R Wood
Managing Director & Chief Executive Officer

 

[spooly74]

Outotec makes available to Intec its OKTOP reactor technology

This tech looks impressive at a glance but Intec doesn't like good anns.

Good news for all those long

OKTOP™ VFF technology offers a number of benefits. Chief among these is the ability to leach larger particles than has been possible previously. This gives significant cost savings in terms of feed grinding and residue filtration. Enhanced leaching recovery also means that the payback times on investments are much shorter. Overall investment costs are also lower, compared to autoclave leaching.

The new atmospheric leaching process – including the new type of leaching reactor, the OKTOP™ VFF, that lies at its heart – was tested down to the smallest detail in a laboratory-scale plant built at Pori by Outokumpu Technology. This proved beyond doubt that the technology would offer high yields, low operating costs, and flexibility, as well as operate within tough environmental limits. And enable the mine to extract over 90% of the copper in the formation at industry-leading low costs.

 

[gordon2007]

Does this look like it's set to maybe go for a short run up this morning? Can anyone who is good at charts add anything?

 

[imajica]

announcement out: presentation to European Investors

this combined with the Outotec heads of agreement and the imminent coverage of Macquarie Bank should see a nice appreciation of the share price - strong bidding in the pre-open today (even with wall street tanking 200 points last night) - I believe Monday should be bullish for INL

 

[Sean K]

Does this look like it's set to maybe go for a short run up this morning? Can anyone who is good at charts add anything?

No, it's chart is boring. Match price is currently same as last night close, and the US got smashed. If anything, it's more likely to come off, IMO.

 

[questionall_42]

announcement out: presentation to European Investors

this combined with the Outotec heads of agreement and the imminent coverage of Macquarie Bank should see a nice appreciation of the share price - strong bidding in the pre-open today (even with wall street tanking 200 points last night) - I believe Monday should be bullish for INL

Well, if INL does go for a run on monday, I will be surprised... ... it is the queen's bday and mr. ASX is closed for the day. Enjoy your weekend.

 

[Col Lector]

And just to confuse the market a bit....


Inteq beefs up research capabilities
SMH June 11, 2007 - 1:39PM

Small-cap advisory firm Inteq Ltd is beefing up its research capabilities and considering offering a brokerage service as it anticipates a rush of new business.

The small, Sydney-based investment bank has focused on assisting local companies to list in London since it was acquired in January by listed British counterpart Blue Oar Plc.

Inteq says the relationship with Blue Oar allows it to provide a smoother service for the growing number of small caps looking to list on London's Alternative Investment Market (AIM)......

 

[spooly74]

And just to confuse the market a bit....


Inteq beefs up research capabilities
SMH June 11, 2007 - 1:39PM

Small-cap advisory firm Inteq Ltd is beefing up its research capabilities and considering offering a brokerage service as it anticipates a rush of new business.

The small, Sydney-based investment bank has focused on assisting local companies to list in London since it was acquired in January by listed British counterpart Blue Oar Plc.

Inteq says the relationship with Blue Oar allows it to provide a smoother service for the growing number of small caps looking to list on London's Alternative Investment Market (AIM)......

Hey Col,

I realise it`s hard to understand the complexity of the Intec process but I`m pretty sure investment banking is not one of them!

Intec and Inteq!

cheers

 

[zeezee1962]

anyone have any idea what is going on with this?
the way i see it the stock should be trading at least 10 cents higher.
the product they have seems to be giving the results that the market was expecting but every time it looks like going up it gets hammered.

 

[Col Lector]

Gidday Wayne....I think a large proportion can be put down to Tax-loss selling..large volumes were purchased when the price spiked upwards of 20c (Hit 30c) earlier this year.
Others attribute some of it to both investor panic as the price drifts lower. & to a degree of confusion as to its dual role as a tech company and also as a miner.
Under this scenario it is likely that buying strength may return in July...particularly if the pending MacBank report on the company is both publicised, & received well

Could be seen as a good opportunity to stock up...

 

[juiceman]

Gidday Wayne....I think a large proportion can be put down to Tax-loss selling..large volumes were purchased when the price spiked upwards of 20c (Hit 30c) earlier this year.
Others attribute some of it to both investor panic as the price drifts lower. & to a degree of confusion as to its dual role as a tech company and also as a miner.
Under this scenario it is likely that buying strength may return in July...particularly if the pending MacBank report on the company is both publicised, & received well

Could be seen as a good opportunity to stock up...

Totally agree
Buying strength must return early July
Two or three ann's overdue now
Employee opies will close out of the money @.24 mid July if something doesn't change
Stock Resouce has a buy on inl up to .17 at the moment, view this report in latest media release's 13 June inl web site
The word's Staged Development should not be taken lightly and has been posted previously on this forum
Now back to watching the grass grow

 

[KIWIKARLOS]

I held these guys for ages and initially made a good profit.
But a few weeks ago sold at 30% loss and invested elsewhere. I made that back in a week and im so glad im out of this dog stock.

Sure they have potential but the guys that run the company are scientists not business managers. If it wasn't for their BSM holding they would be down the dunny at the moment.

Hope for holders something does happen soon but really even a jump from 17 C to 25cc is not a big gain and prob just a break even for alot of people.

That said good luck i hope it pays off

 

[wintermute]

Hi Kiwi, sorry to here you made a loss on INL, but good that you have made it up. I think the comment about the management being scientists and not businessmen is about as far from reality as you can get though.

IMO INL's sp is where it is because of uninformed market sentiment, and possibly through some shrewd trading, not because of any lackings in INL's management.

If anything the management keep proving that they have their heads screwed on the right way, and make savvy decisions which are all coming together like pieces of a puzzle, you need to look at the big picture not the day to day stuff to realise that they are doing things the right way. All journeys have some bumps along the way, and Intec hasn't been without theirs, but IMO they are getting there, but for whatever reasons the market isn't convinced.

Personally I think the shares are a bargain at 16c and I'd buy some more if I had the spare cash, but that's my contrarian view, INL is not for the conventional trader

Tony.