Yes Mango , certainly am, another example of looking at all the options, to benifit Intec an s/holders.. Lots of info in that and some questions for the forum no doubt.Still waiting for Dave,s update re anz noms. holdings, I have asked the quest.... Also There is a presentation in Tas on 14-16 May including the full tour of Intec , I have done the tour and wont be attending this time .. Cheers
SDV - SciDev Limited
- Thread starter Meso1973
- Start date
Hi Vince.
Now here's a thought about the following; "liberation of ~8,400 tpa of lead, ~2,800 tpa zinc, ~360,000 oz pa silver and ~4,500 oz pa gold from the Intermediate Lead Concentrate, generating approximately an additional A$42 million per annum in Stage 2 revenues at current metal prices;"
Note the word "additional" in the quote above.
Additional to the ZnS stream I would say but I'm not entirely sure. If so then the ZnS stream is processing 35000tpa of EAF dust at say 30% retrievable Zn giving 1050000 tpa of Zn. Now at even $A1000 per tonne that gives $1050000000 pa and then there is the CaS. Now take off processing costs, transport costs, etc, etc, and it must still a nice figure. Just a thought.
Cheers.
Now here's a thought about the following; "liberation of ~8,400 tpa of lead, ~2,800 tpa zinc, ~360,000 oz pa silver and ~4,500 oz pa gold from the Intermediate Lead Concentrate, generating approximately an additional A$42 million per annum in Stage 2 revenues at current metal prices;"
Note the word "additional" in the quote above.
Additional to the ZnS stream I would say but I'm not entirely sure. If so then the ZnS stream is processing 35000tpa of EAF dust at say 30% retrievable Zn giving 1050000 tpa of Zn. Now at even $A1000 per tonne that gives $1050000000 pa and then there is the CaS. Now take off processing costs, transport costs, etc, etc, and it must still a nice figure. Just a thought.
Cheers.
Mango, figures look great, another figure looking good is (generation of an additional ~41,000 tpa high-grade calcium sulphate co-product (increasing
production to a total of ~78,000tpa), more than doubling revenues from this source
if this is the whisker product and it does say high grade. its worth $156,000000pa at todays current prices ....yes u had 2 extra 0,s Cheers Vin
production to a total of ~78,000tpa), more than doubling revenues from this source
if this is the whisker product and it does say high grade. its worth $156,000000pa at todays current prices ....yes u had 2 extra 0,s Cheers VinLets hope this is the future ZN direction...............Zinc Price May Jump More Than 50% in Five Years, Macquarie Says
By Feiwen Rong
May 5 (Bloomberg) -- Refined zinc prices may climb by more than 50 percent in the next five years as growth in mine supply slows and leads to a global shortage of the metal used to galvanize steel, Macquarie Group Ltd. said.
London Metal Exchange zinc for immediate delivery may average $1.50 a pound ($3,307 a metric ton) in 2013, according to a report today by the bank's London-based analysts led by Jim Lennon. That's 25 percent more than previously forecast, and compares with the May 2 settlement price of $2,193.50 a ton.
Rapid supply growth in the near term notwithstanding, ``lower zinc prices and difficulty in securing financing are likely to limit zinc mine production growth in the longer-term, from 2010 onwards,'' Macquarie said. There could be a shortage of refined zinc by 2011 ``which could become extremely large by 2012,'' it said.
LME aluminum for immediate delivery may rise to $1.40 a pound ($3,086 a ton) in 2012, up 17 percent from an earlier forecast, the report said. The metal, used in automobiles, planes and beverage cans, settled at $2,876.50 on May 2.
There's no real tightness for aluminum this year despite power-related production problems in China and South Africa, the Macquarie report said.
``As a result of rising cash operating costs in China and rising capital expenditure costs globally, we have raised our long-term aluminum price,'' it added.
Ferrochrome Forecast
Power problems in early 2008 in South Africa, where up to 45 percent of global ferrochrome is produced, will continue to boost prices for the ingredient used in stainless steel for rust- proofing, the report said.
Ferrochrome may average $2.82 a pound next year, 80 percent higher than the bank's previous forecast, because of production cuts amid the power shortage in South Africa, the report said. Prices will average $2.033 a pound this year, 25 percent higher than the previous forecast of $1.625.
Ferrochrome producers in South Africa have been forced to reduce output to around 85 percent of capacity, cutting about 300,000 tons from the country's expected supply in 2008.
To contact the reporter for this story: Feiwen Rong in Singapore at frong2@bloomberg.net
...
By Feiwen Rong
May 5 (Bloomberg) -- Refined zinc prices may climb by more than 50 percent in the next five years as growth in mine supply slows and leads to a global shortage of the metal used to galvanize steel, Macquarie Group Ltd. said.
London Metal Exchange zinc for immediate delivery may average $1.50 a pound ($3,307 a metric ton) in 2013, according to a report today by the bank's London-based analysts led by Jim Lennon. That's 25 percent more than previously forecast, and compares with the May 2 settlement price of $2,193.50 a ton.
Rapid supply growth in the near term notwithstanding, ``lower zinc prices and difficulty in securing financing are likely to limit zinc mine production growth in the longer-term, from 2010 onwards,'' Macquarie said. There could be a shortage of refined zinc by 2011 ``which could become extremely large by 2012,'' it said.
LME aluminum for immediate delivery may rise to $1.40 a pound ($3,086 a ton) in 2012, up 17 percent from an earlier forecast, the report said. The metal, used in automobiles, planes and beverage cans, settled at $2,876.50 on May 2.
There's no real tightness for aluminum this year despite power-related production problems in China and South Africa, the Macquarie report said.
``As a result of rising cash operating costs in China and rising capital expenditure costs globally, we have raised our long-term aluminum price,'' it added.
Ferrochrome Forecast
Power problems in early 2008 in South Africa, where up to 45 percent of global ferrochrome is produced, will continue to boost prices for the ingredient used in stainless steel for rust- proofing, the report said.
Ferrochrome may average $2.82 a pound next year, 80 percent higher than the bank's previous forecast, because of production cuts amid the power shortage in South Africa, the report said. Prices will average $2.033 a pound this year, 25 percent higher than the previous forecast of $1.625.
Ferrochrome producers in South Africa have been forced to reduce output to around 85 percent of capacity, cutting about 300,000 tons from the country's expected supply in 2008.
To contact the reporter for this story: Feiwen Rong in Singapore at frong2@bloomberg.net
...
Hi Vince,
Great to you are following the Zn price. I saw the article on Kitco where you more than likely got it from also.
Intec is slowly getting replies to questions raised about Friday's ASX release posted on its Forum site. The slowness comes from the fact that all posts have to get Philip's approval and sometimes he is hard to find. I find it comforting that everything there has to have CEO approval.
Cheers.
Great to you are following the Zn price. I saw the article on Kitco where you more than likely got it from also.
Intec is slowly getting replies to questions raised about Friday's ASX release posted on its Forum site. The slowness comes from the fact that all posts have to get Philip's approval and sometimes he is hard to find. I find it comforting that everything there has to have CEO approval.
Cheers.
Mango, the zn post is a small part of a 19 page commodities price update by mc .bank They indeed will be taking up the 45m options offer, as zinc price is the driver as far as the IMRP is concerned .. Mango, DS is very competent and knowledgeble in answering sensitive quest. and PW is well aware of that and lets him have his head accordingly..... We are going to look back in 6-12 months and wonder y we did not buy more at this price.......
Hi Vince.
I know DS is very competent and knowledgeable in answering sensitive questions but from information I have received PW still looks over the replies. He is also very competent and knowledgeable with regard to all the processes being developed by Intec. I have had the pleasure of a guided tour by Dave through Intec's laboratory at Sydney Uni. Explanations were excellent.
Your comment "We are going to look back in 6-12 months and wonder why we did not buy more at this price" is true but my limiting factor is money as I am an OAP. I am hoping that Intec can get things up and running very quickly once the new GHD report comes in.
I know DS is very competent and knowledgeable in answering sensitive questions but from information I have received PW still looks over the replies. He is also very competent and knowledgeable with regard to all the processes being developed by Intec. I have had the pleasure of a guided tour by Dave through Intec's laboratory at Sydney Uni. Explanations were excellent.
Your comment "We are going to look back in 6-12 months and wonder why we did not buy more at this price" is true but my limiting factor is money as I am an OAP. I am hoping that Intec can get things up and running very quickly once the new GHD report comes in.
I am not far behind u mango. Also I attended the opening of the BDP Sept. 05... mill tour etc. met the guys,of course D.S. was not around then, but have stayed in touch with a few . purchased over a million shares very early out around 25c.. now back in heavier than before but can wait if I need to ....
Hi Vince and Others.
Try the link below to get the US Research Report on Intec.
http://www.jmdutton.com/research/inl/reports/icljy_report_051908.pdf
Cheers.
Try the link below to get the US Research Report on Intec.
http://www.jmdutton.com/research/inl/reports/icljy_report_051908.pdf
Cheers.
Juiceman, If you are a believer in the company its a great opportunity to add to your parcel, providing you are reasonably patient . Also I note p6 of the prospectus PW states ............... the pricing of this Rights Issue
represents an attractive investment opportunity in the short, medium and long term...............I recall May / June 2006 INL had a cap raising and over a period of 2 months we had a low of 4cents and a high of 16cents ..For whats its worth I will be taking my entiltment ..... Cheers
represents an attractive investment opportunity in the short, medium and long term...............I recall May / June 2006 INL had a cap raising and over a period of 2 months we had a low of 4cents and a high of 16cents ..For whats its worth I will be taking my entiltment ..... Cheers
Leon Pretorius has sold down from 6 ml. to 2.5 ml.over the last 3 weeks, but appears to have ceased selling for the time maybe he will take his entiltment of 500k @ 0.05 and the attached oppies ....The sell side of INL is as thin as I have seen it for some time except for 700k at 0.075 there are no parcels over 100k , that may change of course.. ...PW says rights issue is attractive in s/m/and long term, DS states a corporate move could change the goal posts. I would love to see their watch list.......Cheers
I am only going by this Robbie..............Entitlements under the rights issue will be determined on
the basis of one new Intec share for every five existing
Intec shares held at the record date at an issue price of
$0.05 per share, payable in full on application, together
with a one-for-one, free attaching option. Record Date to identify Shareholders entitled to participate in the Rights Issue 6 June 2008....
the basis of one new Intec share for every five existing
Intec shares held at the record date at an issue price of
$0.05 per share, payable in full on application, together
with a one-for-one, free attaching option. Record Date to identify Shareholders entitled to participate in the Rights Issue 6 June 2008....
Hi again,
the record date is 5 days after the ex date...as it is regarding dividends - below from INL site
Rights trading commences on ASX (shares quoted ex entitlement) 2 June 2008
Record Date to identify Shareholders entitled to participate in the Rights Issue 6 June 2008
Cheers
Robbie
the record date is 5 days after the ex date...as it is regarding dividends - below from INL site
Rights trading commences on ASX (shares quoted ex entitlement) 2 June 2008
Record Date to identify Shareholders entitled to participate in the Rights Issue 6 June 2008
Cheers
Robbie
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