SilentPartnr Posted July 31, 2008 Share Posted July 31, 2008 HZCP Looking at the HZCP and INL's/Polymetals Presentation dated 160508: Slide 21: Gives Zinc Recoveries rates for Head Grade: At Head Grade Zn 3% - Recovery 66% ( ie. 2.00% of the 3% Zn recovered); At Head Grade Zn 4% - Recovery 75% (ie. 3.00% of the 4% recovered); At the margin: Increased Grade 1% (from 3% to 4%) - Results in additional 1% Zn Recovered (ie. 3.00% - 2.00%); Consequently, if the above analysis is appropriate, by increasing the grade of the feed by just 2%, from 3% to say 5%, INL could double the amount of Zinc recovered and therefore double the Zinc revenue component from the HZCP. Slide 16 shows that the tailings have been reduced in size to "p80 of 45 microns"; Question: Are there any other higher grade imputs that INL/Polymetals could feed into the HZCP that would increase the Zn Revenue by more than the additional costs of obtaining it (i.e more than the additional costs of mining?, transport? and grinding to 45 microns"? Regards SP Link to comment Share on other sites More sharing options...
psychOlogic Posted July 31, 2008 Share Posted July 31, 2008 Intec takes full control at Hellyer http://www.sharescene.com/html/emoticons/biggrin.gif Link to comment Share on other sites More sharing options...
dimit Posted July 31, 2008 Share Posted July 31, 2008 In reply to: psychOlogic on Friday 01/08/08 10:42am great news. Short term challenge but great news. Link to comment Share on other sites More sharing options...
allanc Posted July 31, 2008 Share Posted July 31, 2008 In reply to: dimit on Friday 01/08/08 09:45am Now THAT is the sort of news I have been waiting for!! http://www.sharescene.com/html/emoticons/biggrin.gif Link to comment Share on other sites More sharing options...
juiceman Posted July 31, 2008 Share Posted July 31, 2008 I feel a bit like Bugs Bunny Having just been offered the carrot of August In my opinion, there are many things known to the company but left unsaid. I didnÃÆâ€â„¢ÃƒÆ’ƒâہ¡ÃƒÆ’‚¢ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¡Ãƒâہ¡ÃƒÆ’‚¬ÃƒÆ’¢Ã¢Ã¢Ã¢Ã¢â€š¬Ã…¡Ãƒâ€šÃ‚¬ÃƒÆ’…¾Ãƒâہ¡ÃƒÆ’‚¢t see any deters listed in the report, so I will presume the power sub station etc has been paid for Cash 5 mil Debt facility 5 mil Cash flow positive [albeit small ] It is now in my opinion, a company that is in little to no danger of exiting via the back door for the foreseeable future. I will not be selling my holdings, nor will I be buying any more at this stage Lots of irons in the fire, lets hope the fire does not go out Ie; Mrp and Browns 15 mths to go before all of Hellyer production is intecs to keep http://www.sharescene.com/html/emoticons/icon13.gif Link to comment Share on other sites More sharing options...
psychOlogic Posted July 31, 2008 Share Posted July 31, 2008 In reply to: allanc on Friday 01/08/08 09:52am Just add 250,000 tpa hellyer/fossey ore and a slightly improved Zn/Pb price ......Yeee Haaa http://www.sharescene.com/html/emoticons/biggrin.gif Link to comment Share on other sites More sharing options...
healyn Posted August 1, 2008 Share Posted August 1, 2008 In reply to: juiceman on Friday 01/08/08 07:54am Intec in full control of Hellyer. Best bit of news for a long time. It seems Polymetals may be feeling the pinch from reduced metals prices in its other operations and needs to consolidate its resources Link to comment Share on other sites More sharing options...
healyn Posted August 1, 2008 Share Posted August 1, 2008 In reply to: healyn on Friday 01/08/08 08:04am Intec in full control at Hellyer. If any of us read our tea leaves and coffee grounds properly we would have seen this coming back when this was announced on 31March. Mr Brian Banister (who took up his appointment in Tasmania as Managing Director of Intec Hellyer Metals Pty Ltd and Chief Operating Officer for the Intec Group in late February 2008) joined the Directors of Intec at their board meeting and at the Hellyer Zinc Concentrate Project Joint Venture Management Committee meeting last week at Hellyer, Tasmania. Link to comment Share on other sites More sharing options...
Pert_Amanda Posted August 1, 2008 Share Posted August 1, 2008 In reply to: juiceman on Friday 01/08/08 09:54am Hi sorry to juice your carrot bugs but maybe Polymetals are the smart ones to exit when coming grades are going down for the HZCP. It is a cash flow report so we do not know what the debtors position is except that they have used all of the macquarie money available and have to repay it at some point. as PW said "very modestly cash flow positive". Link to comment Share on other sites More sharing options...
psychOlogic Posted August 1, 2008 Share Posted August 1, 2008 In reply to: healyn on Friday 01/08/08 10:11am And IF there are any interested parties looking at Intec as aquisition then removing polymetals would be a big positive. Link to comment Share on other sites More sharing options...
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