SDV - SciDev Limited

[mango65]

I read the post ASX close announcement as being the explanation of the silence regarding the economics of the HRP. When you look at the tasks required of ACSI it is surprising that they have done their task in a few months.
That the package has already been forwarded to GHD for Capex and Opex is really great. Outside, independent consultants are being employed to give credibility to any claims that Intec makes re the profitability and functionality of the process.
The release is also promising in the fact that, despite the plant being several months off being built, suppliers of raw material are being looked for to supplement the OZ supply of EAF dust. And of course customers are being recruited even though production is yet to start. Also long-lead equipment is being sought.
You asked for my opinion, well I think the announcement is great. It is an update on the HRP. It is comprehensive and explains what is going on behind the scenes.
Now all we need is more patience. Mid April for a release of new information is something to look forward to.
The "can-do" Company is at last in the final straight.

 

[wintermute]

Hi Mango, it looks like no one is listening I also thought that the announcement was quite positive (although it seems that INL was concerned by the fact they released it after close)... Seems the market has treated it kindly too, despite the fact that INL is apparently one of the companies to be sold off via the Opes Prime debarkle.

I have an order in at a bit below the current price. I see 6c as being a pretty good support level now (though anyone who has been following this thread will know I've called other support levels before and been wrong!).

I personally feel we wont see the real sp action till 2009, but that doesn't mean that I don't think we will see any rises until that time... INL has had a habit of surprising the market, with ensuing big jumps in price... and I think that once current market instability starts to settle, and progress towards the HRP happens we should see some upward movement in the sp.

Tony.

 

[roland]

well, I'm listening too Mango - being a long term Zinifex holder, it's hard not to be interested in Zinc. Also I have been in and out of INL, so keep posting away - we are here.

Zinc needs to start going up in value before I consider looking at Intec again, seems like a bit of a hard slog spending so much time and energy into a commodity that keeps going down in value, but hey!, there will be a corner to turn.

Intec is what I would consider right now a spec investment, and it is taking all my time and many others just to try and reduce our losses in the non-spec world before speculative stocks become interesting again.

Intec will have it's day

 

[mango65]

Thanks guys, Very nice to have someone listening.

Because people are up-thight re the Opes scandal I advise that on INL's Forum site there was today posted information re the Opes saga as far as INL is concerned.

As of 28/8/07 Opes had 1,030,000 INL shares via ANZ Nominees. A pittance really but important I suppose at the moment.
INL is to send another Section672A form to each of the bank nominees to up-date the info.

Go to Intec's Forum to get a full read.

 

[mango65]

Deidre said elsewhere; "There is just so much upside with this company it's really not funny, and this is not a ramp." Now just watch what you say girl! We so-called rampers had better lie low for a while. Go take a cold shower and let the market get up to speed. How could so many people be so wrong about this little Tassie battler.
I agree with you however and INL's future is bright; if not dazzling. I watched the share price climb slowly higher today and watched buyers come on below the then present price only to be left behind. There was no price retraction at any time during the day.
Yes 7.1.cents is still a steal.
Oh well to quote a famous motto; "He who dares wins".

Let's see what tomorrow brings.

Sleep the sleep of the contented.

Cheers.

 

[mango65]

I have just posed a question to Dave Sammut on Intec's Forum regarding the 5 new subsidiaries created by Intec.
Two really struck my fancy; Intec International Projects and Intec Exploration. Everyone interested in INL should visit INL's Forum just to keep up with developments.
Developments just keep happening.
Let's see what answer we get.
Cheers.

 

[mango65]

It appears as though someone is playing silly b*gg*rs with INL again. Last sale was for 182 at 6.9 cents. It does not match up with any remnants that I can find. Whoever wanted to buy only wanted 1000 so there are still 818 to buy at 6.9!
Does this make sense to anyone???????

 

[juiceman]

Hi Mango
You must feel very alone on this thread at times, don't dispare there are still many of use still lurking on the side lines.
While i havn't been posting my interest and share holding have not diminished.
How do i feel about the sp.
Both good that i could buy more if i wanted, and frustrated by the long wait and loss's at this point in time.
Try not to sweat the small sp movements at this time, they will become insignifigent as time passes, this company is going from good to great at a very fast pace.
The plot thickens

 

[mango65]

Hi Juiceman.
Cheekily I have posted the following on SS on the JRV thread.

Well Jervois Mining did reject Intec's offer to work with them to advance Young Nickel Laterite prospect so Intec has decided to surround the JRV site. All Intec needs is to find enough nickel to build a plant and go for it. The Chinese seem to have disappeared as helpers in the project.
Exit the Chinese and now Intec as neighbours as in the Intec Forum release below;

Intec Exploration has acquired and applied for a number of mineralogically prospective exploration tenements immediately adjacent to and surrounding the Young Nickel Laterite Project of Jervois Mining Ltd and the currently operating magnesite mine of The Young Mining Company Limited (owned by the Orind Group in India). Intec Exploration considers that its tenements in this region are both prospective and strategic in nature and is being granted an Intec Process licence in relation to ores discovered within its tenements. This will be the subject of a more detailed ASX announcement shortly.

Just what will develop from the paragraph below will be interesting to follow.

Finally, Intec Exploration Pty Ltd was recently established as an exploration vehicle 50/50 co-owned and co-operated by Intec Ltd and RobertsConsulting Pty Ltd, whose principal Heath Roberts is a qualified solicitor, successful mining entrepreneur and currently the Executive Director and Company Secretary of Western Plains Resources Ltd. Heath is well known and respected by Intec, as our former Assistant Company Secretary and inhouse legal consultant. He has an expert understanding and extensive experience of the legal framework of mining and exploration tenements, backed by pragmatic geological insights.
Will Intec employ Western Plains Resources Ltd to find nickel surrounding Jervois????????

One needs to go to Intec's Forum to read today's posting about their five subsidiaries.

 

[Porper]

Very interesting set up now.

We have consolidation and a potential breakout.Will we reject and go back into the pattern or drive straight out.

It would be good to go straight through resistance, then come back to test before going higher.Volume increase which can mean a change is looming.

I hold in my super but am looking for a short term trade here.

 

[mango65]

Hi Porper.
Great graph but it certainly needs an up-date.
Volume was about 3.8 million with a high of 9.7 and a close of 9.5cents.
All based on NO news!!!!!!!!!!!
However there has been months of good news that has been ignored.
Wait till the HRP economics comes out or any one of the many deals in the pipeline.

 

[Porper]

Hi Porper.
Great graph but it certainly needs an up-date.
Volume was about 3.8 million with a high of 9.7 and a close of 9.5cents.
All based on NO news!!!!!!!!!!!
However there has been months of good news that has been ignored.
Wait till the HRP economics comes out or any one of the many deals in the pipeline.

Mango, the chart was taken about 4.15,(2.15 ASX time) I only have end of day data, so I should have added that the last bar was the price at the time which was 0.075 (that I added myself), so no volume, I should have explained that, at work so was rushing a bit.

We'll know on Monday if it was just day traders piling in.The pattern has been activated for an aggressive trader.

The updated chart is below.Looks nice, if we get a retracement to the 0.075 area on low volume then take off again that would technically be extremely bullish.

 

[mango65]

Hi Porper.
Good work and of course a great graph.
Congratulations.
Now let's see what Monday brings.

 

[Kobsy]

Afternoon Porper,

Have been following, top work. What a great example of technical analysis.

Cheers
Kobsy

 

[juiceman]

The dog may be comming out of it's kennel
Good half yrly
Good boardroom radio
Lots of irons in the fire
Good news is starting to flow
At these prices it may be worth a look

The above was posted on the 28th of Feb. @ 6 cents

He's out, teeth bared, snapped his chain, cocked his leg on the capper at 7.5 cents and terrified those that were short.
Currently looking for a larger kennel
Where to from here?

 

[wintermute]

Hi Porper, weighted average volume price today was 7.5c so I think we will likely see that pull back to 7.5c. Things are starting to look positive, but having seen it all before (multiple times) I'm being reserved at this stage. I've got my hopes up plenty of times when the sp has spiked over the last 12 months or so, and been disappointed every time, should have sold the spikes and bought the lows, would have made a killing

Still holding, and looks like I missed out on my order at 6c...

Tony.

 

[mango65]

Hi Wintermute. Read your same story on SS. I also looked at HC all day and watched the "fun". I know the average is 7.5 but that was because there were 2 large bocks; one at 7 cents of over a million spread over 3 sellers ( which got run over by a speeding bus very early in the day) and one seller of a million at 7.5 cents. I am actually encouraged by small buys towards the end of the day as I think these buys are for real. I'm not too surprised by the small sell parcels as many holders have held for a long time; like you, Deidre and me. The shares are fairly tightly held despite the huge number issued by the company. We won't be selling at the moment because of all the good news yet to come and because we are still underwater as far as price goes. Yes there may be some contraction as the rise was swift but I don't share your outlook on a big drop.
This "can-do" company has several very important positive releases to the ASX in the next few weeks and months to go backwards very far.
Next week will be interesting to watch.
Cheers.

 

[jman2007]

Congrats Mango and Porper,

Just goes to show what some patience and some solid fundamental and technical analysis can achieve. I don't hold INL but have been a keen reader of the thread as there have been some very candid and accurate assessments of INL's potential.

Good luck to all. It's been a long time coming

Cheers
jman

 

[Gundini]

He's out, teeth bared, snapped his chain, cocked his leg on the capper at 7.5 cents and terrified those that were short.
Currently looking for a larger kennel
Where to from here?

He's recovered, and ready for the next battle! It's been a long hard road, but worth the wait, and greener pastures in sight... Just don't give him a mirror

 

[juiceman]

That has to be the reply post of the year.
Since looking at your photo, iv'e decided NOT to tell my wife that i'm going to buy more