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Ann: Appendix 4C - quarterly September 2013 , page-2

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  1. 6,965 Posts.
    lightbulb Created with Sketch. 58
    Intec refuses to die.
    # The "clean up" is relentless.
    # Cash is actually better than last quarter!!!!.
    # BRF could be profitable as a stand alone business.
    # "The Intec process" is not completely dead...may actually provide some income from 3rd party without spending our own cash.
    # Zeehan slag (500Ks tonnes with 14% Zinc....Contained metal value $140M) could produce some income at some stage....A good asset....Sitting on the ground waiting to be sold....Zinc fundamentals look solid.
    # The turnaround will come from a good business acquisition.
    Happy with the slow steady progress.
 
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