Yes paper loss and left it in the bottom drawer but sure looked good yesterday hahha, i should have got out at the nippon deal as it went to 9c on the 5 million payout alone in 2011.
what i would like to know is By putting in optiflox the savings are potentially saving 1.6M-10M a year now is that per plant or per industry if it's by plant and a few orders are already in place whats the cost for an optiflox process?? 500K a year to SCI dev per year per product.
What is even more compelling is the process is used for different industries:
Our OptiFlox® system and polymers are also applicable for mine water treatment in the following mining sectors:
Exclusive Manufacturing and Customer Arrangement
- Gold and silver
- Lead and zinc
- Iron ore
- Copper and nickel
- Uranium
- Bauxite
- Aluminium
- Mineral sands
- Clay and titanium mining
Burkert, headquartered in Germany, but with operations worldwide, is one of the world’s leading manufacturers of measurement and control systems for liquids and gases. SciDev and Burkert Australia have worked closely together over the past 18 months to develop the OptiFlox® System to a commercial ready stage.
The last quarterly mentioned multiple sales ( july) yesterdays announcement could have been the prelude to the storm.
The next quarterly will be interesting ( due in 22 days) as intec maybe have enough cash maybe for another 6 months.
really need to know how much revenue intec are making on each sale or what model they are using.
If sales come in well it's difficult to know what the SP will get up to especially with only 300m shareholders. A few good announcements are required and if they can get it to do a cap raise above 10c
with minimal dilution it will be interesting.
Cheers
M.oz
PS - To me it sounds like all systems go but would like to see some sales and revenue coming in before getting excited as cash flow is running low.
Also it's always fun when a trader posts how much money they have made on the day trade i guess they post hoping you sell - remember not many shares on issue at all not easy to manipulate this little penny stock.
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