SDV - SciDev Limited

[juddy]

also expecting production grades and the terms of the offtake agreements ie price.

 

[Sean K]

Finished 17% up at $0.20 on record massive volume.

Would be very surprised not to see a speeding ticket ann tonight or tmw am.

This is very unusual activity for INL, unless it is just day traders. I hope not, and it's instos having come around to the potential of Hellyer.

It's been a long wait.

 

[Freeballinginawetsuit]

Should have bought into this one, kicking myself!. Well done Juddy, nice call

 

[Caliente]

haha, by a whisker Kennas.

Anyway, while the wall at 20c looks ominous, we should be seeing more buy positions being taken behind this line until the announcement.

 

[chris1983]

Should have bought into this one, kicking myself!. Well done Juddy, nice call

Freeballing this one hasnt gone yet. They will be making some good profits and the blue sky potential is huge.

 

[juddy]

Contained metal values at current metal prices.

Hellyer tailings dam: $AUD 3.8b
Zeehan slag: $AUD 363m
SSX EAFD: $AUD 31m

Total = $AUD $4.2b

add plant, add 21% in BSM, and then add the IP for the technology.

Market cap as of Friday = $AUD 91m


every time they add another slag pile its like finding a new exploration discovery with a treatment mill already sitting there ready to go.

Hi FB and cheers,

I would agree with Chris on this. I believe we are only at the beginning here. INL has not even had broker coverage yet as far as I know, though there might be some in the next week or so.

cheers

 

[Freeballinginawetsuit]

Juddy,

When I first started following this thread and INL connection with Zinc slag, it seemed to be lagging ,considering Zn spot ATM. I think INL had a minor pull back then and an entry point, allowing a low entry with the hope it may break the resistance at 16c and run a bit.

I read most of INL'S announcements at this point and my hesitancy (ridiculous as it sounds was the picture of the actual unit). It looked a lot like BHP's setup at Beenup and we all know what happened to that, it was an expensive dud. I'm still not sure how the INL plant works, how much they have operated it etc.

I've got INL on my close watchlist, have for weeks and will be keeping an eye on it.

Here's hoping the SP has some bang left in it and the market is a bit slow catching on!.

 

[Sean K]

No speeding ticket for INL last night after this. Double volume. Up 17%......Will be interesting to see the interest today. I hope it holds up ok.

 

[zombie_ninja]

Hi, Could the price increase be due to the increase in commodity price of Zinc?

Just bought some at 0.195, hopefully I have not missed the ride.

ps. I'm a newbie, so any advice is helpful in trading in general.

 

[Sean K]

Hi, Could the price increase be due to the increase in commodity price of Zinc?

Just bought some at 0.195, hopefully I have not missed the ride.

ps. I'm a newbie, so any advice is helpful in trading in general.

Good luck Zombie. Be prepared for it to come off a bit. Not many things go straight up, even in this Zinc and U phoric environment. If there is some weakness, there should be support between $0.16 and $0.17, so it's got some room.

I agree Zn has pushed this up as well but I reckon expectations of the Burnie Demonstration Plant might be a factor and the Polymetals JV.

 

[Sean K]

There are some big parcels sitting out there for a $0.19 speccie. I'm too much of a jube to really know what that means, but who puts $100 - 200k on a company that takes leftovers? There have been a few of these sorts of trades sitting out there the past few days. Are these just pro day traders? Or, is it some insto taking a position?

 

[jollyfrog]

Hi Kennas, what about Sims metal, they took leftovers @ as I recall they did'nt do too badly?
If these guys actually have a process that works @ it seems to be the case the mind boggles at the possibilities!
Yes I'm one of the crazies to risk 100k on this one!

 

[Caliente]

hmmm... as i thought, the positions are being taken up behind the 20 c barrier. Very Strong support at 19c, and good drive at 19.5c. Its going to take an ann. to bring down 20c. Hoping for one tommorow, but if not, then next week before we see INL break into 0.205+ territory.

 

[juddy]

first concentrate in two weeks (all going well) from 2/11 which is one week from today. I'd expect a build up in anticpation and expect 20c to go before then. My opinion only.

If you like INL you should also have a look at their partner in crime BSM who have broken above 30c resistance today.

cheers

 

[chris1983]

21 now fellas. This one will keep rolling on

 

[Sean K]

21 now fellas. This one will keep rolling on

That is a great effort. A lot of resistance around $0.20.

 

[chris1983]

Hey Kennas are you going to lock in profits with this one? For beer money?? Lots of beer haha. Naa this one is staying long term in the portfolio for me

 

[chris1983]

well medium to long term

 

[Sean K]

Depends on what the sp is doing. If it goes to $0.25ish I'll take some profits. Depends on the expected ann too.

There's a lot of fervour atm with stocks getting a lot of attention on unusual volume. I don't think this is pro traders yet, but who knows.

I'm cautious.

 

[Sean K]

Might be at $0.25 sooner than expected....

This has been a very good example of a breakout from previous resistance. Was quite enjoyable watching it unfold and getting on at the right time.

All is not over though. Needs an ann soon, and one to support this rise, or it will be just like every other stock running at the moment, only to be caught without an engine! So, best still to be cautious.