Thought this may be
of interest:
Anglo
American
Rio
Tinto
BHP
+ a range of
Japanese metals companies eg Nippon, Sumitiomo etc remain as shareholders in Intec
and in many cases also hold technology licences. Then of course there is
Ivanhoe.
If someone has been
telling you also about AUM: There is no comparison between Intec and AUM's
technology. The latter's technology produces copper sulphate, an
intermediate copper product which subsequently has to be further processed to
produce copper metal.
Aum's technology is only for the recovery of metal
from acid mine drainage stream. This is drainage water from old mine dumps
etc. While acid mine drainage is a problem in the world, as a source of
copper production it is very very minor.
Regards,
Cris
----- Original Message -----
Sent: Friday, February 20, 2004 11:36
AM
Subject: Re: [sharechat] INL - Intec
UPDATE
Great News re Pre-Open today!!!
ASX Announcement at 12.19pm today
Intec (ASX: INL) overnight placed 15M shares with
a small group of private investors in receipt for A$1.65 million. This will
provide working capital to progress the technical and economic parameters of
the Hellyer Metals Project. Intec owns 100% of the Project following the
decision of Ivanhoe Mines not to invest directly in the Project.
This means no need to offer an SPP = no negative
impact on the share price = a strong likelihood of continuing well
upwards!!!
----- Original Message -----
Sent: Wednesday, February 18, 2004
11:19 AM
Subject: Re: [sharechat] INL - Intec
UPDATE
Intec ASX Announcement 17.2.04 @
5.29pm
Highlights:
What's new
…
1) Awarded
Aust Govt Industry Research & Development Grant for $1.43M – grant
covers construction, commissioning, and operation of the Intec Gold Process
(IGP) pilot plant.
NB
Construction of IGP pilot plant was completed during the last quarter of
last year with assistance of Ivanhoe Mines (IVN). The pilot plant, located
on Ammtec Ltd (AEC) premises, is now operational and has since undertaken a
full test-work programme on tailings from Hellyer's Tailings Dam.
Benefits of
this grant …
2) The
Hellyer Metals Project; including a mill, mining & exploration
tenements, and tailings dam (refer approx value previous notices) is NOW
100% OWNED BY INTEC UNDER A NEWLY CREATED SUBSIDIARY; HELLYER METALS PTY LTD
(previously owned by IVNL Gold Pty Ltd which was 50/50 owned by
Intec/Ivanhoe). Ivanhoe Mines
continues to support the project operationally and as a major shareholder of
Intec, but no longer has a direct investment in the project.
Plans for
the Future …
3) Results
of the IGP pilot plant campaign will be used in the design, construction,
and operation of an Intec Polymetallic Demonstration Plant (numerous metals)
initially to process Hellyer metals, then on a paid basis for 3rd
party feeds. It will be constructed at Ammtec's new metallurgical research
facility in Burnie, Tasmania.
Summary:
·
100% ownership of Hellyer =
= value of
Hellyer Metals to Intec now 100% which means it has doubled since their
previous announcement.
·
Pilot plant is already processing gold from
Hellyer tailings dam..
·
Now planning to design, construct, and
operate a polymetallic demo plant
= ability to
process their own Hellyer metals – gold, copper, etc.
= capacity
to demonstrate processes to would-be licensees of their patented gold + copper + + +
hydrometallurgical mineral processing technologies.
----- Original Message -----
Sent: Tuesday, February 10, 2004
12:31 PM
Subject: Re: [sharechat] INL -
Intec
I consider this stock to be worth more than
its present price due to the speed of their IRGP in comparison with
standard mining processes, i.e.;
no mining/digging is required
as Intec's patented Refractory Gold Process (IRGP) is able to process
the refractory gold already above ground within the Hellyer tailings
dam.
INL retraced following the announcement of the
Hellyer acquisition and the rally that followed in January (17.5c
down to 12c).
The majority of holders under 12c would be the
long-termers so this should mean the gap has already been filled.
I recommend anyone interested in Intec (INL) visit their website
to gain a better understanding of their patented processes which apply to
gold, copper, etc.
It would be wise to understand why Intec will
be able to gear up and produce gold much faster than can be achieved using
standard mining processes.
http://www.intec.com.au/html/home/default.shtm
Regards,
Cris
----- Original Message -----
Sent: Tuesday, February 10, 2004
10:32 AM
Subject: Re: [sharechat] INL
Update: Intec (INL)
I anticipate Intec will be following up
soon with an announcement
regarding progress on the Hellyer Project
(approx A$1.6b in contained
metals). Intec and Ivanhoe Mines acquired
50% each.
Hopefully that will occur within the next few
weeks.
Regards,
Cris
----- Original Message -----
Sent: Monday, February 02, 2004
2:05 PM
Subject: Re: [sharechat] Chris
---> INL
Hi Baa,
Here's a really brief
overview:
- Intec initially developed a
patented hydrometallurgical process for copper and has since
been adapting and patenting this process to suit other
minerals. All processes developed are offered
under license.
- a copper processing pilot plant
(employing Intec's process) has been in operation for some time now
in Hitachi, Japan - was constructed by Nippon Mining &
Metals Co Ltd (NMM), an Intec sub-licensee (the Japanese govt
agency, New Energy and Industrial Technology Development
Organisation, and Mitsui Mining & Smelting Co Ltd co-funded with
NMM on the Intec Copper Pilot Plant Programme.)
- Rautomead in Scotland (world leader in
its field) used the A grade purity molten copper processed by
this technology to create upwardly cast oxygen-free copper wire
rod.
- Intec's process results in cheaper
production costs (shorter production path) and is environmentally
superior - no cyanide is employed in the process - reduces
environmental clean-up costs
- Intec Refractory Gold Process (IRGP) is
suited to approx 30% of the world's gold (from memory)
- Ivanhoe doesn't own Intec. Ivanhoe Mines
is a major shareholder of Intec (INL) - 23.2%.
- Ivanhoe and Intec set up IVNL
Gold Pty Ltd as a jointly owned (50/50) separate company that could
bid for the Hellyer project - IVNL Gold Pty
Ltd was successful in acquiring Hellyer.
- Hellyer tailings dam (above
ground) - gold, zinc, lead, silver, copper (in descending order
of value) - as at 31 December - value approx A$1.6 billion -
(NB lower cost to produce - no need to dig it out from
underground)
- Intec has recently completed a pilot
de,onstration plant for the IRGP process and is able to process
gold now and prove the benefits of its patented technology.
First gold processed will be Ivanhoe's. Second will be
Intec's/Ivanhoe's, i.e.; Hellyer.
- Intec is not an explorer, but the fact
they don't blow big holes in the ground shouldn't preclude
them from being classified as a producer as they still produce
gold (even if from tailings). However; am prepared to be
corrected if majority feel they don't fall
into a broader definition of 'producer'.
- Intec perform paid consulting work for
mining industry - they will be one of many
related businesses that will benefit from upward metal prices
and cashed up mining companies seeking to upgrade or implement
new processing technologies or implementing
environmentally-friendlier processes
- Intec in a position to
create earlier cash flow than would have been expected prior to
Hellyer acquisition
Hope this is sufficient for
now.
Regards,
Cris
----- Original Message -----
Sent: Monday, February 02, 2004
11:54 AM
Subject: [sharechat] Chris
---> INL
Still keen to hear your views on why this is a decent
stock play. We got to
the point of noting it was a gold refiner
as a byproduct of refining other
metals, mainly zinc and copper.
It partly owns a stake in Hellyer. Heres the
chart ...
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=au%3Ainl&sid=0&o_symb=au%3Ainl&freq=2&time=20
C'mon
back.
_________________________________________________________________
Surf
the net and talk on the phone with Xtra Jetstream @
http://www.xtra.co.nz/products/0,,5803,00.html
!
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