SDV - SciDev Limited

[queenstown]

INL Intec Ltd

While there is not a lot of news forthcoming at the moment I'm still bullish on the project pipeline and the effect it may have on our SP. What are peoples thoughts on what may transpire? I initially thought that if Newcastle (Mayfield) came off as a stand alone project the SP would hit 6 cents. I now think we will hit 13 cents by year end.

My thinking is as follows;

Existing SP - 1.4 cents
Whyalla - 3 cents (100%)
NewCastle - 2 cents (50%)
2 China projects - 3 cents (100%)
Victorian SPLR - 2 cents (80%)
Burnie (additional contracts) - 2 cents (50%)
2 new waste opportunities - 2 cents (50%)

Total = 13 cents

Its all a bit bullish and pure hearsay but that is where my thinking is at the moment. Once the the project pipeline grows so will the interest, following and SP momentum. We saw this starting to happen prior to the the SPP being announced.

 

[prawn_86]

Queenstown,

You need to provide details as to why you think each project is worth that. So far you have given no cashflows, peer comparisons etc. Anyone can pluck numbers out of the air.

Thanks

Prawn

 

[queenstown]

An interesting day for Intec on teh ASX. 49 million shares traded today and up 14.3%. hmmmmmmmmmmmmmmmmmmmmmmm

 

[mango65]

Re: INL - Intec Limited China visit

Hi All,

The following is a question I asked and Dave's reply.

China Visit
Hi Dave, Has the arrest and jailing of Mr Hu changed Intec's plans to visit China? If staff are still going to China is it possible to say who is going and when they are leaving Australia? Any information about the visit will be greatly appreciated. Cheers.
Posted By
Mango
Date Posted
17 July 2009
RE: China Visit
Response from Dave Sammut, Intec Ltd

Hi Mango,

If it is "business as usual" for Rio Tinto (as it stated to the media a couple of days ago), then there is no reason why it shouldn't be the same for little Intec. As one of the most open companies on the ASX, we barely have Intec secrets, so we don't have much to worry about.

Philip Wood (Managing Director & CEO) and Andrew Tong (Senior Metallurgist) will be joining Joe Lam (Chinese Representative) from Monday 20th July for just under two weeks of site visits and meetings in China. We have been pretty active this week in preparation for their trip, and we will no doubt be quite busy when they return, while we consolidate the results. The trip includes visits to all of the projects under consideration by Joe Lam, as well as some other items of potential interest to Intec, notably including HNC's continuing involvement in developing the metallurgical flowsheet for the Browns Sulphide Project, and the potential application of the Intec Process for recovering a variety of base and precious metals from several types of electronic waste.

Cheers to all Intec holders.

 

[System]

On March 14th, 2017, Intec Limited (INL) changed its name and ASX code to SciDev Limited (SDV).

 

[greggles]

Other than a post notifying of a change of name and ASX code it has been a decade since this thread has been updated, so it's probably time for a quick re-cap.

According to the most recent Investor Presentation:

SciDev is a leader in the development and application of both chemistry and process control for solids-liquid separation.

SciDev brings together world-class technology, chemistry, management and manufacturing capabilities to solve pressing operational and environmental issues for the minerals processing, tailings, water treatment and Oil & Gas markets.

SDV spent the better part of a year and a half between February 2018 and July 2019 trading on low volume in a tight range between 5c and 10c. Then suddenly in late July things began to change:

On 22 July the company announced that its targeted push into the US market (refer announcement 23 May 2019) was gaining traction, with the first significant order for SciDev friction reduction technology for application in the oil and gas market. The company reported that orders had been placed for delivery in August and September 2019 with a total revenue to SciDev of AUD $1,080,000.

On 30 August the company announced that it has signed a three year agreement with Iluka Resources for the supply and service of its MaxiFlox® product with the annual value of the contract likely to be between AUD $2.6M – AUD $4.0M. Total revenue over three years is expected to be between AUD $8M – AUD $12M.

On 2 September SDV announced that it achieved total sales of AUD $1.4M for the months of July and August 2019.

Finally today it announced an oversubscribed $4.16 million capital raising by way of a placement of 16,000,000 new fully paid ordinary shares at an issue price of 26c per share.

So things appear to moving rapidly in a positive direction for SDV. Sales ramping up, and an oversubscribed capital raising giving them some much needed cash in the bank to keep the ball rolling.

The share price has increased from 7c to 36c in the last three months. Not bad at all. Those interested in finding out more should have a read of the Investor Presentation dated 3 September. Very interesting stuff.

 

[barney]

it has been a decade since this thread has been updated

This was a heavily discussed Stock back in 2006 I recall. The science they were developing was always interesting back then but I haven't looked much since.

Trading higher immediately after the Cap Raise is always a welcome indicator for Shareholders

 

[greggles]

This was a heavily discussed Stock back in 2006 I recall. The science they were developing was always interesting back then but I haven't looked much since.

Trading higher immediately after the Cap Raise is always a welcome indicator for Shareholders

Yes, way back then it was called Intec and they were in the zinc business. It was a much posted on stock but never quite managed to get it together. It's been SciDev Limited for two and a half years now and things finally seem to be coming together for them in the last few months.

SDV just cracked 40c today and volume is still good. I expect we'll see some consolidation above 40c until the next price catalyst.

 

[Faramir]

@greggles

Look at what I missed out on. An All Time High. Saying another Water stock is doing well would be an understatement. Why do I never pay attention???? Need to investigate those announcements.

Oh well! Another missed opportunity. SDV services industries that I am not really interested in. Maybe that's an anchoring bias that I need to get rid off. I can't get over SDV rapid rise.

 

[greggles]

Yes, SDV has performed well in the last couple of months.

It raised $4.16 million in mid-September through the issue of 16,000,000 new FPO shares at an issue price of 26c per share. The lucky folks who got on board that placement have more than doubled their money already.

A little over a month later they announced the acquisition of ProSol Australia Pty Ltd, a company which provides bespoke tailings engineering and process chemistry to mining and water treatment industries in NSW and has a leading position in the Hunter Valley coal industry with existing relationships with key major coal producers.

The ProSol acquisition will afford SDV faster market access for their OptiFlox® technology into the Hunter Valley Coal Fields through ProSol's existing relationships and the ability to utilise SciDev supply chain and MaxiFlox® chemistry to maximise margins from ProSol's existing operations.

The transaction is structured 55%:45% cash:equity across three tranches, subject to the achievement of key financial milestones in FY2020 and FY2021. Should those financial milestones be met, the total consideration payable is A$1,900,000.

So yeah, SDV is kicking goals at the moment and is definitely one to watch in the short term.

 

[Country Lad]

So yeah, SDV is kicking goals at the moment and is definitely one to watch in the short term.

Trading in a nice channel with my favourite P&F pattern. Charts are prices now and if it holds above 70 it will be yet another break.

 

[Swervin Mervin]

Trading in a nice channel with my favourite P&F pattern. Charts are prices now and if it holds above 70 it will be yet another break. View attachment 98557

It wasn’t quite able to keep the momentum going but looks to have set a solid base in the low 50’s for now. What are your thoughts on how the chart might look in the short term now that it’s had a good retrace? There’s definitely a lot of games being played on this one with the bots and also the small sell downs in the auction each day.

 

[Country Lad]

It wasn’t quite able to keep the momentum going but looks to have set a solid base in the low 50’s for now. What are your thoughts on how the chart might look in the short term now that it’s had a good retrace? There’s definitely a lot of games being played on this one with the bots and also the small sell downs in the auction each day.

Sorry, not up to date on this one as I am back in the country only this morning after being pretty well out of touch, so will have a look when I get a chance. The only thing I can offer is that my stop was executed at an average of a tad under 63 cents

 

[Swervin Mervin]

Sorry, not up to date on this one as I am back in the country only this morning after being pretty well out of touch, so will have a look when I get a chance. The only thing I can offer is that my stop was executed at an average of a tad under 63 cents

Cheers mate, were you looking at getting back in?

 

[Swervin Mervin]

Ok guys just a quick post as to why I think SDV is my top pick for the Aussie stock forums full calender year tipping comp for 2020.

- New CEO Lewis Utting has experience in the water treatment field and has many contacts to help land contracts
- SDV has a unique technology that is becoming more relevant as water is becoming more scarce.
- Revenue growth is growing rapidly and the MC is going to have to reflect this.
- Only 127m shares on issue so will run pretty easily
- There are quite a few companies trialling the product at present so there should be some news flow in the coming months

 

[Country Lad]

Cheers mate, were you looking at getting back in?

Yes might do that, starting to look good again.

 

[Dona Ferentes]

Reliance on one supply source is fine until it's not:

"Company has an active programme of maintaining inventory on hand (or transit) to mitigate supply chain risk. The Company has enough redundancy in itssupply chain to continue delivery into manufacturing and customer orders.
ProSol Australia, acquired by SciDev in late 2019, held strong inventory, as a result, all existing SciDev customers are well serviced with a significant buffer of inventory in the event of any stock delays out of China.
Highland Fluid Technology has many existing supply points in North America and Europe and the Company is confident of being able to mitigate any medium-term supply chain risk ex-
China. "

SciDev is well positioned to mitigate supply challenges if they are to arise from the current coronavirus situation. The Company reiterates that no impacts to its supply chain are being seen at present and SciDev does not expect any adverse implications arising

.

 

[Dona Ferentes]

"Company has an active program of maintaining inventory on hand (or transit) to mitigate supply chain risk. The Company has enough redundancy in its supply chain to continue delivery into manufacturing and customer orders.

Highland Fluid Technology has many existing supply points in North America and Europe and the Company is confident of being able to mitigate any medium-term supply chain risk ex-China."

- all time high today, up 17%, on announcement of a solid order

The new order from Phoenix is for approximately USD$1.4m of product, representing approximately 3 months of stock under the HoA. The chemistry will be manufactured by SciDev’s partner, Nuoer China, with product expected to be onsite with Phoenix in March 2020.

- Phoenix having operations in Kentucky. Would be hoping COVID-19 is under control and supply lines open sooner rather than later.

- Signed the HoA in August; good to see action/ traction.
Phoenix is a private company based in Kentucky, USA and is focussed on the design, fabrication and production of efficient and reliable technology for tailings dewatering, liquid solid separation and slurry & sludge separation

 

[Dona Ferentes]

▪ SciDev has received a trial order for its chemistry* from Syncrude, one of the largest operators in the Canadian oil sands industry

▪ The trial represents c.A$1m of revenue for SciDev, with the trial anticipated to last for approximately 2 weeks and scheduled to occur late in FY2020

*development and application of both chemistry and process control for solids-liquid separation.

Could be big. Mr Market has rewarded it with a 20% rise this morning, to 74c

 

[Faramir]

Could another Black Swan Event will turn this trend down?

Record Sales Announcement:
44glm94c6yqrpl.pdf
A$4.8 million sales - record sales

Quarterly Announcement today - finally they are cash flow positive:
44gs7h3j4lckmf.pdf

Things have changed since Lewis Utting has taken over. Well done to those who hold or at least pick this for any tipping comp.