SDV - SciDev Limited

[juiceman]

Nothing happening with inl? wrong, everything is happening with inl.(we just can't see it).
With this company, nothing is done, till its done; so why talk about it.
They do not ramp their sp like some do.
If their technology works, the deals will come!
When? ask PW
Some event's of late (those that have an interest should do some research

Outotec; heads of aggrement re Oktop Reactor Technology(thats good for gold,copper,nickle etc.
Discussions with JRV broke down (they had Chinese in the bush's, didn't they?) that aggrement expires on the 8th of Augest.
JRV is looking to do a deal with Outotec for research on guess what; Oktop Reactor Technology. Ha Ha
JRV is looking for Chinese money, Guess who found a lot of it CMR.
Compass Resources has a deal in place with HNC, with HNC a Chinese Government company funding the entire project; a Base Metals Oxide/ sulphide Project in the NT, it's under construction now.
Guess who is now sitting on the board PW of course. Go to cmr webb site and see whats going on.
Smorgon Steel; deal done. Only worth 20 mil pa to inl.
Smorgon Steel being taken over by ost Onesteel, with bsl Bluescope Steel in there somewhere.
Hydromet hmc lost it's contract with smorgon to inl
Hmc has been doing buisiness with ost and bsl, who do you think may pick that EAFD contract up

Braemore Recources has asked Outotec to do some research for them on their Leinster Nickel Sulphide Tailings Project in WA.
They currently have a supply agreement with BHP.
There are many more irons in the fire DYOR
Please remember the mining industry is famous for racing to come second, and inl tend to make their announcements after close of market.
Any comments?

 

[mango65]

To all INL lovers, all INL haters, and all those in between.
I had a fairly long conversation with Dave Sammut yesterday about HRP. I had asked in an email for further explanations on the project along the lines that have been posted on the web sites. In short he said that no specifics would be released about the project for several months. The Company had to further refine costs/ revenue of the project. He said that the Company was presently in the range of plus or minus 20% and that they wanted to firm it up to about plus or minus 5%.
Therefore don't hold your breath and don't ask specifics but, if you can think of any questions of a general nature he will be glad to answer them.
Last night I gave up trying to think of any "general" questions and decided to continue reading the "blogs" to keep myself "informed" about the company.

 

[juiceman]

My position with inl and the market
First position was at 26.5 (silly me )
Last of a few buys at 14.5. Average cost to me, now 17c thats 2c off the money
I do not, and don't recommend averaging down normally, but am now very happy with my position.
My plan as of 3mths ago was by cheap when possible, and reconsider at end of yr.
While i have traded the market, i have not held one long position for 2 mths.
Just intra day trades.
INMO inl will weather the storm that may be coming better than most.
If they fell out of bed for no reason, maybe some of us may load up the truck.
As it's my only holding at the moment, i don't care which way it's sp goes.
INL true believers may be presented with a bargain, during this market turmoil.
Of the top 20 shareholders, only National Nominees have been sellers of 17ml, with 6ml to go maybee.
Re base metals,China is not going to fall out of bed.
As for America and it's problems, China would say Bring it On, we have no debt, so what is the problem? (you yourself maybee) Let's go shopping
The Chinese Government via there company's are here NOW funding jv's and looking at our technology for base metals.
Inl has part of what they want. Look at my earlier post re cmr-hnc.
There is no fat in inl's sp, as it is off 50% from it's high six mths ago, yet the company continues to move forward?

As with any 15c spk, the main risk is that they may exit via the back door, or do nothing for yrs.
I just can't see that happening.
Look at the facts as posted by ASF members (backed up later by Macbank)
They have a plan, and are working the plan
Low sp. (which would be the harder sp to double in 6mth's. inl or bhp)
Good cashflow NOW and into the future.
Pe of 5 now + 20ml per annum from SSX eafd next yr + OST and BSL?
Cash at bank
No debt
Plus the blue sky of their patents and technology

If anybody can show me a safer long term speck play than this one.
Genuinely please let me know, so that i can start driving every one nut's on another thread.

Enjoy the ride NOT on Monday

 

[mango65]

I agree juiceman that INL will weather the storm better than most and look forward to some solid data however;
Just a simple question; what is the use of cost/revenue projections of HRP when the DOW tanked 281.42 points today and the SPI Futures tanked 123 points.
What will Monday bring share wise.
What will metal prices be even in a month?
The world "ain't" standing still.
However I still beliee in INL.

 

[juiceman]

gold & MINERALS GAZETTE | May 2007 | 49
tasmania
Now that Intec Ltd has become a metals producer, the next task for the Sydney-based company is to clear up any misconceptions the market may have about its role in Australia’s resource sector.

It is fair to say that of late many people haven’t been able to classify Intec, with some seeing it as a cutting edge minerals
processing technology developer while others view it as a conventional metals producer.

The truth of the matter is the resources house is a bit of both, although this fact hasn’t distracted it from its core focus - to
implement the first commercial application of its own chloride hydrometallurgical process for the treatment of difficult ores using cash generated by an ongoing metals producing operation.

At the end of January, 2007, Intec became Australia’s latest zinc producer with its first shipment of 4,968 tonnes of concentrate (made up of 41% zinc, 9% lead and 220 grams/tonne silver) leaving Tasmania’s shores for its imperial smelting furnace customers in China.

The material was sourced from the Hellyer tailings dam in Tasmania’s central west and put through the mine’s plant using the traditional flotation and grinding technology. Intec acquired the Hellyer assets in January 2004 from the administrators of Western Metals, which had placed the Hellyer mill on care and maintenance in 2000.

For Intec’s Managing Director and Chief Executive Philip Wood, the first sale of concentrate was a defining moment for the
company, unequivocally proving to the market that it was capable of producing a healthy cash flow. This was all reiterated in March and then April when the second and third shipments were loaded.

Wood now plans to target broker research during the current quarter with the aim of strengthening the institutional
presence on Intec’s share register, during which time he will deliver some more (good) news vis-à-vis Intec’s
planned production profile at Hellyer.

Intec will be subjecting electric arc furnace dust to its patented chloride hydrometallurgical process to produce
high grade zinc sulphides, which will be soon added to the exported concentrates.

Furthermore, the company is adding a lead recovery circuit prior to the return of the retreated tailings to the dam. This will also be subjected to the Intec process to produce a high grade lead sulphide for inclusion in the final concentrate.
This should result in a significant grade increase for both zinc (from 40-48%) and lead (8-20%), turning the exported concentrate into something of a premium product for its type.

“Now you’ve got something that is closing in on a grade of 70% combined zinc/lead and this is a very attractive proposition for the ISF smelters,” Wood explained. “It will attract superior treatment terms, which will go straight into our bottom line, and it fits perfectly with our existing business model. “Furthermore, it’s actually quite simple and relatively cheap, so in this current price environment it will be a very lucrative addition to the circuit. “We’re currently reconfiguring the demonstration plant (located in the Tasmanian port city of Burnie) and that’ll be running campaigns treating EAF dust by the end of the September quarter. “Concurrently, we’ll be designing a larger plant at Hellyer, which will be commissioned towards the end of next year.”

Wood said this work would ultimately result in a doubling of production for a relatively cheap capital cost – something
which should help re-rate Intec’s share price.

“That does take focus, he admitted, “but I’m a hopeless optimist. “I think one of the issues we have at the moment in the market is that it finds us a confusing company – it sees Intec as something of a hybrid. “And if you look at other ASX mineral
processing technology providers it’s fair to say they are not all that well rated by the market. “Having reached that milestone of production, now is the time to get our story out there and attract some institutional investors to our share registry.”

The Hellyer tailings dam has an in-situ value of around US$3 billion and contains some 305,000t of zinc (at a grade of 2.8%), 330,000t of lead (3%), 30,850,000 ounces of silver (88 grams/tonne), 910,000 oz of gold (2.6 g/t) and 17,400t of copper (0.16%). Meanwhile the company has amassed a stockpile of 20,000tplus of EAF dust and is currently negotiating
further supplies with steelmakers both in Australia and abroad.

Wood said Intec would also be putting other ores through its Hellyer mill, including the material sourced from emerging
mining house Bass Metals Ltd, in which Intec has a 24% holding. “The processing of Bass Metals
high grade Que River ore offers the potential to increase the overall quantity and quality of zinc bulk concentrate
production by the joint venture partners and thus enhances the concentrate’s economies while providing Bass Metals
with excellent near-term cash flow at a minimal up front capital cost,” he added.

“As for the Intec Hellyer Residues Project, we would anticipate it being in full production (with a 25,000t per annum EAF
dust throughput) by the end of next year.”

Track record being established
By Mark Fraser
▲ Philip Wood
The dredge at work on the Hellyer tailings dam.
▲
The dredge at work on the Hellyer tailings
dam.
▲While this article may not be that new
For those that have not read it, it may be of some interest.

With the exception of processing BSM ore (their words were; a commercial decision , made by both party's ) everything is on track

INMO inl is just 1 or 2 ann's away from a re rating by the market.
Just ask those that bought 14.5 mil of them on Friday, or was that just short covering?

I thought i might just reprint an earlier post of mine.
It's a basic summery of what has been said before. READ THE WORDS.
Scratch BSM for the moment
Add CMR-HNC
Add SSX--OST--BSL + overseas steel mill's
Add Outotec
Read my previous 2 posting's and things should become clearer.
With the market the way it is, why bother telling people things, while their probably to busy with other issues.
Re the price of base metals (good for cashflow now)
But consider the lower, metal prices go. The more valuable their Technological
processes. there's a good eachway bet for every-one

 

[GOOGOOJEE]

The market has gone up but not INL sp...........still sitting at 14c, is it because of the decline of metal price......?????

 

[mango65]

The market has gone up but not INL sp...........still sitting at 14c, is it because of the decline of metal price......?????

I would say no. It has more to do with a lack of knowledge as to what is happening with developments.

 

[juiceman]

The market has gone up but not INL sp...........still sitting at 14c, is it because of the decline of metal price......?????

Hi googoojee re your question;
If you have an interest read some past posts, the answers are there.
Given the state of the market INL is holding quite well.

 

[Gundini]

I see Intec has started an investors Q & A forum....

You can ask the company questions and get the answers from the horses mouth so to speak... Nice idea!

I suppose the first thread should be:

"How come the share price is falling out of bed?" :

 

[RFG001]

A new low today, .105

Is this a good opportunity to buy more or is this the end?

Any constructive points / ideas out there, let me know I can use them right now!

RFG

 

[Kipp]

A new low today, .105

Is this a good opportunity to buy more or is this the end?

Any constructive points / ideas out there, let me know I can use them right now!

RFG

Ouch- ouch ouch... why did I turn my PC on today.....
My average entry price is about 16c... so I will not be panic selling now. Just wishing Id used stops.

 

[mango65]

A new low today, .105

Is this a good opportunity to buy more or is this the end?

Any constructive points / ideas out there, let me know I can use them right now!

RFG

Well the price actually fell to 9.5 cents with 80000 traded.

It is now retracing its fall with a come-back which I hope will continue tomorrow.

It is cash flow positive with NO debt either short term or long term.

 

[wintermute]

A new low today, .105

Is this a good opportunity to buy more or is this the end?

Any constructive points / ideas out there, let me know I can use them right now!

RFG

Well just because some shareholders panic and sell their shares and the price goes down, does not have any effect on whether the company will continue to make money or not, so I definitely don't think this is the end

I'd say it is a great opportunity to buy more, but that is because I take a contrarian approach. I thought it was a great opportunity at 15c too! My average buy price is 17.5c so I'm quite a bit in the red at the moment!

Personally I don't think this correction is over yet, I think we will probably see a bounce off 5400 on the XAO, fridays are bad normally, so tomorrow will probably be another red day. I originally had a buy target of 8c for INL which was never reached (my ultimate low price was 6.5c) I had my reasons for picking those figures, but it never went below 10c (this is a bit over 12 months ago). I'm now wondering whether I'm going to see those levels tested!! or whether waiting for them will be the costly mistake it was last time, in that it never went that low, and by holding out I missed buying at 11c, and bought the majority above 15c!

I also think we are going to see volatility in the market in general for another couple of months, and some stocks (and INL may be one of them) may not bottom out for another month or so. Of course I don't have a crystal ball, so it might just head on up back to 14c in the next few days, and say goodbye to these bargain prices forever, who knows?? fun isn't it

Tony.

 

[dhukka]

Well just because some shareholders panic and sell their shares and the price goes down, does not have any effect on whether the company will continue to make money or not, so I definitely don't think this is the end

That's the perfect attitude. A credit crunch will have no impact on INL's ability to treat Zinc and ship it off overseas. Just have to keep an eye on the zinc price.

Unlike most I took heart from the Macquarie interview with Phillip Wood, he mentioned that INL would post a small profit for FY07, I had them pegged for a loss. Now definitely trading at a discount to fair value based on current zinc prices and expected earnings for FY08.

 

[GOOGOOJEE]

It's good to hear that the Hellyer Residues Project Milestone has finally achieved.

Companies Announcements Office 21 August 2007
Australian Securities Exchange Limited

Hellyer Residues Project Milestone Achieved

Intec Ltd (ASX code: INL) is pleased to announce that another significant milestone has been achieved in the advancement of the Hellyer Residues Project.

Despatch of inital copies of the Development Application (DA) and Development Proposal & Environmental Management Plan (DP-EMP) for the Hellyer Residues Project was yesterday commenced to the Waratah Wynyard Council. The DP-EMP will be referred to the Tasmanian Department of Tourism, Arts and the Environment (DTAE) for assessment. This application
addresses the primary approvals process for the first stage of the Hellyer Residues Project, including the environmental, social and economic aspects of the Project.

The extensive DP-EMP represents the results of several months of work by Intec’s technical team and a number of supporting consultants providing data and independent analysis of the Project. The work was coordinated by lead environmental consultants Caloundra Environmental Pty Ltd, according to guidelines set down for the Project by the DTAE.

The submission of the DP-EMP will now be followed by a period of public consultation, and thereafter a determination by the Environmental Management and Pollution Control Board in Tasmania. It is hoped that Project approval will be granted by the end of 2007.
The full text and related graphics of the DP-EMP may be viewed on INL’s website at www.intec.com.au

 

[drmb]

It's good to hear that the Hellyer Residues Project Milestone has finally achieved. Companies Announcements Office 21 August 2007 Australian Securities Exchange Limited 'Hellyer Residues Project Milestone Achieved' etc

Pretty much greeted with less than a yawn by the market - pity as I still hold but it is definitely my worst performing stock. Will keep holding for a while but not really ever going to see much green again?
INL 0.115 0.120 0.110 -0.010 0.120 0.120 0.110 963,297

 

[GOOGOOJEE]

Though the positive announcement might raise the sp a little or at least prevent the sp to drop .............. but.....

 

[Bushrat]

A bit of a ho hum - no reaction to this announcement today...BUT, things are moving, fundamentals are there and its going to take time. Intec is no overnight screamer that sets the world on fire, but I do feel with time, 12 - 18 months, this could be a 5 bagger (at least) from here.
The deals are coming, there is more media coverage (refer media part of website).....time, patience, fundamentals...i'll be hanging on as the cash is mounting up in the INTEC bank account.

 

[GOOGOOJEE]

Any comments regarding today's announcement? sounds pretty good

"Monthly shipments of around 5,000 tonnes of bulk zinc concentrate from the Hellyer Zinc
Concentrate Project have a provisional average grade of 38% zinc, 10% lead and 210g/t silver,
which delivers approximately $3 million profit per month to Intec’s 50 per cent-owned joint venture
with the unlisted Polymetals Group"

 

[drmb]

Any comments regarding today's announcement? sounds pretty good

"Monthly shipments of around 5,000 tonnes of bulk zinc concentrate from the Hellyer Zinc
Concentrate Project have a provisional average grade of 38% zinc, 10% lead and 210g/t silver,
which delivers approximately $3 million profit per month to Intec’s 50 per cent-owned joint venture
with the unlisted Polymetals Group"

Market seems to have liked it somewhat +2c or up 16.67%, on higher than average volume - "INL 0.135 0.140 0.140 +0.020 0.120 0.145 0.120 8,788,867"

Not sure what 3mil/month is as eps, not sure how many shares outstanding