Normal
Yeah, disappointing is a word that comes to mind along with a few others, but I'll defer some time in the sin bin, for now.BSM agreed to purchase Hellyer last week, and if Mac Bank are happy to defer full payment again (for now), there should be an ann out soon regarding a deposit for the new plant.Despite the horrendous sp, the aquisition of the plant at Mayfield is a stroke of genius, if approved etc.Intec have always been about the IMRP, and comparing 20M now to the initial capital costs of 140M 5 years ago is a bargain.Also, if they had attempted to construct the plant themselves, the risk of cost escalations and commissioning problems increases dramatically.If they don't get funding for the plant :goodnightRisk/Reward at 1.2c?
Yeah, disappointing is a word that comes to mind along with a few others, but I'll defer some time in the sin bin, for now.
BSM agreed to purchase Hellyer last week, and if Mac Bank are happy to defer full payment again (for now), there should be an ann out soon regarding a deposit for the new plant.
Despite the horrendous sp, the aquisition of the plant at Mayfield is a stroke of genius, if approved etc.
Intec have always been about the IMRP, and comparing 20M now to the initial capital costs of 140M 5 years ago is a bargain.
Also, if they had attempted to construct the plant themselves, the risk of cost escalations and commissioning problems increases dramatically.
If they don't get funding for the plant :goodnight
Risk/Reward at 1.2c?
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