SDV - SciDev Limited

[juddy]

The technology looks good, if it works?

when that phrase is no longer associated with INL then it'll get the re-rating it deserves.

 

[moses]

Make sure you have a plan if this goes pear shaped Moses. If it chokes, there might be something else that will be better value. Food for thought.

Agreed Kennas, plan to get out similar to yours only hoping to hold longer than 25c.

 

[juddy]

AGM Presentation just released - "Australia's Newest Zinc Producer."

 

[chris1983]

I read the presentation also

looks good.

 

[moses]

the message loud and clear was that it works and works well.

 

[juddy]

from a post borrowed from Topstcoks.


Highlights from AGM Presentation today:


1) "First and only new producer of zinc in Australia for 2006"

2) "Flawless operation", No metallurgical issues".

3) "achieving better than design outcomes"

4) "low level of impurities"

5) "Initial throughput of 1.5Mtpa tailings to produce
~ 65,000tpa bulk-zinc concentrate grading:
40-43% Zinc, 7-10% Lead & ~ 200g/t silver

6) "First 5,000 tonne shipment expected end of December"

7) "Off-take contracts in place with Chinese smelters:
a) 20,000tpa for three years
b) 20,000tpa for two years"

8) "Further three-year 5,000tpa contract under
negotiation".

9) "Remainder of production to be sold at spot price"

10) expected earnings at 1.5mtpa =
a) at Zn price of $us0.90 = $AUD9.5m EBITDA
b) at Zn price of $us1.50 = $AUD24.5m EBITDA
c) at Zn price of $us1.90 = $AUD36.5m EBITDA"

(these are figiures for INL's share of the JV and it only includes zinc production not Pb or Ag which will add further profits).

11) It is likely that production will be ramped up to
2.0mtpa, that EAFD will also be blended to increase
zinc output, treatment of third party ore (discussions
underway with three other parties).


All-in-all its looking very, very good.

 

[Sean K]

Agreed Kennas, plan to get out similar to yours only hoping to hold longer than 25c.

I like what I see here. Perhaps $0.25 is a bit cheap. Will see how we go the next few days. Might have to buy more, not sell...

 

[nizar]

Looks a goer, $100m market cap at 20c.
But would INL come to mind when people think of zinc stocks?

Sounds more like a technology company.

 

[Sean K]

Looks a goer, $100m market cap at 20c.
But would INL come to mind when people think of zinc stocks?

Sounds more like a technology company.

I wouldn't be surprised if their name has to change to something else like BHP, for example.

 

[juddy]

Sounds more like a technology company.

when that phrase is no longer associated with INL it will get the rerating it deserves.

 

[nizar]

I wouldn't be surprised if their name has to change to something else like BHP, for example.

LOL name changes can be very price sensitive.
Remember Great Western Exploration (GWE), they changed their name to Uran Limited (URA) and on the same day they went up 3-4 fold!
Gotta love the market...

 

[Sean K]

Stuck between $0.18 and $0.195.

Perhaps Zn going up or down tonight will break the trend one way or the other? Hopefuly UP!

 

[moses]

Stuck between $0.18 and $0.195.

Excuse my ignorance, but isn't that a pennant forming?

 

[Sean K]

Excuse my ignorance, but isn't that a pennant forming?

The resemblance of one. It's clearer on a 1 year chart. A bit of downward momentum on the MACD. Needs a positive day today or Monday to regain some upward thrust.

 

[juddy]

looks more like a descending triangle and this would be supported by the lack of sentiment. Heading back to 16c.

 

[Sean K]

There is a litle one forming there. Just broken $0.18 for first time since climb.

I think the next ann will be the shipment of first zinc from the Hellyer Mill which is due by end Dec. Other upside could be ann of partners for access to material to treat. In their latest presentation they say that their 'growth' opportunites are from Bass Metals and they have had 'approaches from 2 other parties'. Maybe Zinifex? Those agreements might be ann shortly. Does need something now after the flurry and break through $0.16.

 

[Freeballinginawetsuit]

There is a litle one forming there. Just broken $0.18 for first time since climb.

I think the next ann will be the shipment of first zinc from the Hellyer Mill which is due by end Dec. Other upside could be ann of partners for access to material to treat. In their latest presentation they say that their 'growth' opportunites are from Bass Metals and they have had 'approaches from 2 other parties'. Maybe Zinifex? Those agreements might be ann shortly. Does need something now after the flurry and break through $0.16.

Very quick one Kenna's, I just made some beer money on that in about 20 mins from buy order to just sold!.

 

[Freeballinginawetsuit]

Actually it didn't go through. Too big to get matched to the bidder, oh well no drinks for me this weekend .

 

[Sean K]

The ann from BSM is going to be good for INL too. Increased resource estimate at Que River and Hellyer the preferred ore sale option route (of course).

This should flow through to INL once the market realises. I hope.

 

[nizar]

The ann from BSM is going to be good for INL too. Increased resource estimate at Que River and Hellyer the preferred ore sale option route (of course).

This should flow through to INL once the market realises. I hope.

Ill pick up some of these once it starts moving and is in the 20s