SDV 0.85% 58.5¢ scidev ltd

I expect Intec to produce its 1st ever breakeven quarter for...

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    I expect Intec to produce its 1st ever breakeven quarter for June.
    With a marginal pick up of revenues from SciDev from $271Ks last quarter & some contribution from the Burnie shed ,INL may generate in the vicinity of $400-$500Ks.
    It is noticeable that INL paid $35Ks last quarter....In means that SciDev is actually making some profit,despite INL claiming a small loss.
    The 1st sign of a turnaround is to produce income & stop the cash drain.....Taking longer than we expected, but its happening.
    # Good growth prospects for SciDev.
    # Reasonable amount of cash that is not evaporating.
    # Further acquisition on the cards.
    # Substantial asset in the form of Zeehan zinc slags waiting to be monetized ,specially with Zin in a solid uptrend.
    # Minor assets in BSM + uncapped 2.5% royalty in Hellyer.....May eventually come to fruition.
    Slow & steady.
 
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