I BOUGHT SOME NOW

(SHOULD HAVE BOUGHT THEM FOR 11P WHEN SHARES TIPPED THEM ABOUT 1 YEAR AGO

THE USA ENVIRONMENTAL PROTECTIONAGANCY HAS CONFIRM THE LONG TERM EFFICACY OF VIROTEC TECHNOLOGY.

THIS MEANS A MULTI MULLION IN PROFITS AS ENVIROMENTALS LAWS ARE ENFORCE BY GOVERNMENTS WHOSE LAND IS POLLUTED BY MINING COMPANIES AND OTHER LAND & WATER POLLUTERS.

THE FINANCIAL TIMES TODAY 15/06/2004: PAGE 48 SECTION COMPANIES AND MARKET

VIROTEC GET A SHOT FORM ITS MAGIC BULLET

Virotec has been buzzing since it announced last Thursday 14/06/2004 that the US ENVIRONEMTAL PROTECTION AGENCY judged its VIROMINE reagent efective in the TREATMENT OF TOXIC MINING SITES. The SHARES JUMPED 26% to 29pence closed to an all time high, with Virotec watchers highly excited as they took on th news as strong affirmation of its BAUXSOL TECHNOLOGY, from which VIROMINE is developed.

Julian form DURLACHER called the technology a MAGIC BULLET for the remediation of land polluted by heavy metals from mining and other metal industries.

BAUXSOL is modified 'red mud' a toxic waste product from the aluminium industry which VIROTEC chemically transformsinto bening waste and then uses to treat other pollution.

BAUXSOL CAN ALSO CLEAN UP CHEMICALLY POLLUTED WATTER DURLACHER CALLED IT ALMOST TOO GOOD TO BE TRUE WHILST NUMIS CALLED IT REVOLUTIONARY.

the EPA confirmation is the first endorsement by a regulator and could lead to commercial adoption. Durlacher estimates there are TEN UK WATER COMPANIES NEEDING THE TECHNOLOGY AND EACH COULD GENERATE AT LEAST 1.7 MILLION (that means 17 MILLIONS IN REVENUES A YEAR!!!

THE BROKER PUTS A SHORT TERM PRICE TARGET OF 50 PENCE ON THE STOCK BUT IT SAID THE SHARES HAVE CONSIDERABLE LONG TERM POTENTIAL, AS REMEDITITION OF MINES IS A GLOBAL MARKET WORTH HUNDREDS OF BILLIONS OF DOLLARS!!!!!

House broker NUMIS SECURITIES equally impress said the price could reach 100PENCE within 12 months.


---------------------------------------------------------------------------

here is the report

Virotec International Ld
10 June 2004


US EPA confirms efficacy of Virotec technology in remediation trials
at Gilt Edge Mine, South Dakota


Virotec International Ltd (ASX/ AIM: VTI) is pleased to provide to the market,
information contained in a letter received this week from United States
Environment Protection Agency (US EPA) that confirms the long term efficacy of
ViroMine(TM) reagent developed from BauxsolTM technology. The letter and
accompanying data tables were provided by Mr. Ken Wangerud, Remediation Project
Manager, Superfund Remedial Program, USEPA - Region 8. They summarise the
findings to date of trials carried out at the Gilt Edge Mine Site which have
been ongoing since 2001.

Executive Chairman, Mr Brian Sheeran explains 'Virotec has patiently awaited the
results of these independent trials for over three years and they exceed our
highest expectations. At the Gilt Edge Mine site, our technology is achieving
excellent results in the field, in what we believe is potentially the world's
largest minesite remediation market, and we would draw attention to the
following highlights of the letter from the USEPA:

- All the trials followed US EPA protocols and no-one was allowed access
to the Site unless accompanied by US EPA representatives

- US EPA is evaluating cost-effective options for site remediation at
the Gilt Edge Mine consistent with the evaluation criteria in the US EPA's
National Contingency Plan.

- US EPA states that ViroMine(TM) reagents may have several potential
applications at the Gilt Edge Mine and possibly at other mine sites
similarly affected by problems associated with acid rock drainage.

- In particular, the Trench Trial data (Table 1) from one single ViroMine(TM)
application to some of the worst waste-rock encountered at the Site appears
to indicate that the ViroMine(TM) Permeable Reactive Barrier remains
active more than three years after the original treatment was carried out,
and leachates continue to meet or exceed established water quality criteria
for the Site.

- Additionally, in 2003 an electron beam microprobe examination of a treated
waste rock sample showed evidence of sulfide encapsulation.'

The contents of the correspondence are based on findings from site trials
conducted over a three year period (2001-2004) at the Gilt Edge Mine site - a
258 acre open pit, cyanide heap-leach gold mine in South Dakota - which has been
placed on the National Priorities List for hazardous and toxic waste cleanup.

HIGHLIGHTS FROM US EPA FINDINGS

Substantive ongoing 3 year results from the Permeable Reactive Barrier trial
(Table 1) show that the leachate pH was neutralised from 1.93 to 7.9; other
highlights include:

1. The concentration of the highly hazardous element arsenic (As) has been
reduced from 35,000 to less than 5 parts per billion (well below the strict
new drinking water standard of 10 parts per billion).

2. The extremely high concentrations of iron (21,000,000 parts per billion)
and aluminium (1,200,000 parts per billion) were reduced to less than 50
parts per billion and have remained at very low concentrations ever since.

3. The concentrations of many other trace metals including: antimony (Sb),
cadmium (Cd), cobalt (Co), copper, (Cu), chromium (Cr), lead (Pb),
manganese (Mn), nickel (Ni), silver (Ag), vanadium (V) and zinc (Zn) were
all reduced from potentially hazardous concentrations to concentrations
that were near or below the analytical detection limits and well below
discharge water quality standards.

4. The total dissolved solids concentration (i.e. salinity) was substantially
reduced immediately and decreased further the longer the trial continued.

5. The concentrations of many ions such as sodium and sulphate, which are
difficult to remove, have continued to decrease substantially the longer
the trial has continued.

Substantive ongoing results from Waste Rock Remediation trials (Table 2) wherein
leachate pH was neutralised from 1.92 to 7.21 and highlights include:

1. The concentration of the highly hazardous element arsenic (As) has been
reduced from 23,000 to near or below the analytical detection limits and
well below discharge water quality standards (well below the strict new
drinking water standard of 10 parts per billion).

2. The extremely high concentrations of iron (19,000,000 parts per billion)
and aluminium (1,400,000 parts per billion) were reduced to near or below
the analytical detection limits and well below discharge water quality
standards.

3. The concentrations of many other trace metals including: antimony (Sb),
cadmium (Cd), cobalt (Co), chromium (Cr), lead (Pb), nickel (Ni), silver
(Ag), vanadium (V) and zinc (Zn) were all reduced from potentially
hazardous concentrations to concentrations that were near or below the
analytical detection limits and well below discharge water quality
standards.

4. The total dissolved solids concentration (i.e. salinity) was substantially
reduced.

Substantive results from 'in situ' Pit Lake Treatment trials (Table 3) wherein
leachate pH was neutralised from 2.59 to 7.09 and highlights include:

1. The analysis of water showed a significant improvement after just 42 days.

2. The concentrations of many trace metals including: aluminium (Al), chromium
(Cr) and lead (Pb) were reduced from potentially hazardous concentrations
to concentrations that were near or below the analytical detection limits
and well below discharge water quality standards.

3. The total dissolved solids concentration (i.e. salinity) was reduced.

4. The concentration of sulphate, which is difficult to remove, was decreased.

Substantive results from ViroFilter Passive Treatment trials (Table 4) wherein
leachate pH was neutralised from 4.47 to 8.38 and highlights include:

1. The analysis of water showed that passive filter treatment could produce
even better quality water than a direct addition 'in situ' treatment.

2. The concentrations of many trace metals including: aluminium (Al), cadmium
(Cd), cobalt (Co), chromium (Cr), iron (Fe), lead (Pb), nickel (Ni), were
reduced from potentially hazardous concentrations to concentrations that
were near or below the analytical detection limits and well below discharge
water quality standards.

3. The high concentration of manganese (10,263 parts per billion) was reduced
to less than 3 parts per billion.


. The Gilt Edge mine was developed in sulfidic (acid-generating) rock at the
headwaters of cold-water fisheries and local water supplies. When the
operator went out of business, they left behind 150 million gallons of
acidic, heavy-metal-laden water in three open pits and millions of cubic
yards of acid-generating waste rock that need cleanup and long-term
treatment.

Going forward, the US EPA has directed that further studies be conducted to
enable the USEPA to determine how Virotec's upgraded range of products,
including the recently developed ViroMine(TM) pellets, might be effectively used
at the Gilt Edge Mine site and to acquire and assess quantitative data regarding
metal-loading/sorption capacity.

Full text of the letter from the EPA will be available at
www.virotec.com
.

For further information please go to
www.virotec.com
or contact us on +617 5530
8014.

could someone please email the shares mag article

gaga142@hotmail.com

Please would someone also e-mail me the article in shares mag - NeefTrader@aol.com - Thanks

This ones a wait and see (Contract News) imo. Held for approx 2 mths and awaiting the real action.

I couldn't decide between HYR and VTI so now I have bought both. Really VTI should be much higher priced. Similar number of shares in issue as Hydrodec which it sold off end of last year. But VTI still own 60 million shares in Hydrodec and then there is all the other wonderful products set to clean up the world. Read on and decide for yourself.
Di

Virotec International Ld
22 February 2005


VIROTEC INTERNATIONAL LTD

22 February 2005
SHAREHOLDER UPDATE

As a leader in the development and commercialisation of sustainable,
environmental technologies, Virotec International Ltd (Virotec) (ASX/AIM: VTI)
remains focussed on delivering its platform technologies through its tailored
business streams, which include (amongst others) the ViroProduction, ViroFlow,
ViroSewage, ViroMine, ViroSoil and ViroConcrete market segments. The Directors
of Virotec are pleased to provide a brief update to shareholders on a selection
of what they believe to be strategically significant activities.

HYDRODEC TECHNOLOGY SALE

As a result of the sale of Virotec's HydroDec technology, Virotec holds an
equity position of 60 million shares in the newly established HydroDec Group plc
('HydroDec') (AIM:HYR); the value of which has increased substantially as a
consequence of HydroDec's strong performance. The market value of Virotec's
shareholding in HydroDec is approximately $AUD 40 million as of 21 February 2005.

VIROMINE

Laos Contract
Lane Xang Minerals Limited, a subsidiary of the international mining company
Oxiana Resources Limited, have entered into a $AUD 350,000 agreement for the
supply of ViroMine technology at the Sepon Gold Mine in Savannakhet Province,
Laos. Following a site visit by Virotec, the company has agreed to implement a
ViroMine Acid B ExtraTM pit lake treatment and a ViroMine Acid B ExtraTM
permeable reactive barrier to assist in the protection of local rainforest. A
further ViroMine Terra BTM shotcrete application will also be trialed by the
company.

US EPA testing at Gilt Edge mine
Virotec recently received the fourth year of outstanding results from ongoing
testing by the United States Environment Protection Agency at the Gilt Edge
Mine, a Superfund remediation site, where the long term efficacy of ViroMineTM
technology is being assessed on acid rock leachate passing through a ViroMineTM
permeable reactive barrier.

The measured concentrations for fourteen of the fifteen metal contaminants
continue to be below the detection limit for the procedure used. Iron, the
fifteenth contaminant, measured just 210ug/L (this compares to the control
measurement of 21,000,000ug/L taken in 2003 from the untreated acid rock
leachate). Testing for Total Dissolved Solids (TDS), Sodium and Sulfate reveal
consistent ongoing reductions with each passing year. The complete table showing
unprecedented four year results from the Gilt Edge mine can be viewed at

www.virotec.com/viromine.htm
.

VIROFLOW

Virotec is now positioned to aggressively pursue commercial opportunities in
three different ViroFlow markets as a result of the strong performance of the
following ViroFlow reagents; ElectroBindTM, ViroPhosTM and ViroBindTM.

Advance Plating

In the USA, Virotec recently installed a significant treatment facility (annual
contract value, $AUD 65,000) into Advance Plating, a Boston, Massachusetts
plating company, where, after three months of operation, ElectroBindTM has
exceeded all treatment expectations. Market analysis indicates there are over
10,000 electroplating facilities in North America and, as a result, the company
is currently formulating an expansion plan for North American operations. The
success in North America follows a range of commercial contracts for
ElectroBindTM in Australia, including metal finishers located in in Melbourne
and in Brisbane.

Colgate-Palmolive
After a substantial trial period in which Virotec was asked to prove the
efficacy of its new ViroPhosTM reagent, Virotec has formally entered into a two
year license with Colgate-Palmolive in Australia to ensure that they meet string
ent requirements for the removal of Phosphorous and suspended solids from its
industrial effluent. The annual contract value is $AUD 35,950.

Koppers Wood Products
Treatment of timber logs begins with a steaming process which opens the cells
for a chemical treatment, known as CCA, which involves adding copper and arsenic
to protect the timber from insect and fungal degradation, and chromium to
chemically seal the copper and arsenic into the timber. Virotec has recently
expanded its ViroBindTM capabilities from the treatment of CCA leachate to the
more extensive problem of CCA solids. As a result, the company has been awarded
a 2 year contract for leachate management (annual contract value, $AUD 17,000)
and a further contract for solids treatment with Koppers Wood Products in
Tasmania.

VIROPRODUCTION
(Product manufacture utilising BaseconTM & BauxsolTM Technologies)

Growing Product Range
Virotec continues to develop its multi-faceted BauxsolTM Technology platform
through effective collaboration with potential end-users. The collaboration beg
ins as early as possible in the development phase to extract the greatest
benefit possible from the collaboration and our efforts focus on addressing
pressing needs. Today, Virotec is in various stages of technology/product
development in approximately 18 different commercial market sectors and this has
resulted in the development of over 150 product blends.

Asia
As a result of our strategic relationship with Hatch Associates, Virotec has
been retained to asses the viability of introducing BaseconTM technology to
several alumina refineries in Asia. Initial laboratory evaluations will assess
Basecon's effectiveness at neutralizing and stabilizing the hazardous red mud
produced from varying Bayer and Sinter processes.

Europe
Virotec has purchased a parcel of land close to the Eurallumina SPA refinery in
Sardinia, as a result of continued successful utilisation of BaseconTM technolog
y on part of the waste stream from the Eurallumina refinery, for the purposes of
BauxsolTM production, and increasing demands for Virotec reagents. Planning is
well developed for a new, continuous production facility which will be built on
the site. Various funding models are currently being evaluated.

North America

Virotec has entered into an arrangement for the initial supply of 100,000 tonnes
of alumina refinery residue in North America. This arrangement ensures an
economic source of supply of raw material suitable for BaseconTM conversion to
BauxsolTM raw material for the expansion of Virotec's North American operations.

VIROSEWAGE

WRc independent study
Virotec has recently retained the Water Research Centre based in Swindon, United
Kingdom (WRc) to independently assess the effectiveness of its ViroSewageTM reag
ent as a passive ViroFilterTM, an end of pipe solution for the extraction of
Phosphorous from municipal waste water. The company anticipates that the
research will be conducted over a six month period. This is an alternative
application of the active dosing ViroSewageTM technology and will enable Virotec
to access a broader market with its ViroSewageTM products.

VIROCONCRETE

Virotec has entered into a joint venture arrangement to secure external funding
of 150,000 research at the Queens University, Belfast to complete 15 months of
testing on the mechanical and durability properties of ViroConcreteTM for use as
both a structural concrete and shotcrete. The funding is being provided by way
of a convertible note, and on completion of testing, the JV participant will
have the rights to commercialise the technology and convert to 40% of the
expanded capital. Subject to a satisfactory outcome, we believe that the testing
will provide all the independent trials and assessments necessary for Virotec to
commercialise the technology.

FINANCIAL REPORTING

Virotec's half yearly financial report for the 6 months ended 31 December 2004
is expected to be published on or about Thursday 24 February 2005.


If you require further information please contact Virotec, on telephone +617
5530 8014, by email to
mail@virotec.com
or visit our website at
www.virotec.com
.



VIROTEC INTERNATIONAL LTD
ABN 81 004 801 398
PO BOX 188
Sanctuary Cove QLD 4212
Australia

www.virotec.com

Dynamite - I fully agree with your sentiment. Shares have not had too bad a run of late but keep veering away at the first sniff of 30p. I have held for a while now and am keen for a little more upwards action!

Queen ...I think that 2005 is going to really going see upward action. I see lots of selling of HYR today and buying of VTI hopefully not selling one to get the other... I think they will both go far this year.

Let's hope so Dynamite... :-)

sound/+ article in FT today... target price raised to 40p.

plus hold to buy!

Di

Great report, thanks. Interested in your views . . .

Both stocks right up my alley. Increasing legislation to save the planet, giving macro momentum. Highly technical stuff with high entry barriers and low competition, I imagine.

VTI do seem pretty extended in the diversity of countries and technologies they are into. Most of the contracts mentioned seem smallish < .5m certainly. Do they have the capacity to a) manage this empire and b) improve/maintain margins in each business and c) keep overheads under control and d) spend enough on marketing each line? What are their capital needs - are they cash positive yet? We'll see on Friday when they expect to publish interims.

Cf. HYR which is a highly focused one product company in early stages of one plant operating and another ready in 9 months time. But I like their plan to expand globally by licence - no capital/royalty income.

Is taking equal stake in each a cop out or a rational decision? (I know for you it would have been entirely rational - I'm sure you never cop out. But I also suspect you of higly developed hunch!)

Timing is difficult to judge. Looking at Elliott Waves (real amateur here) on VTI I think we have reached the top of the 5th wave, normally followed by 3 downward movements - are we headed for a correction given a) this aspect, b) the downward mood of the market at large and c) the likelihood of a drop on results. I have to wait till Friday at least, I think. If there is a sharp break up, I could buy missing a penny or two on the price. If it falls (as, if severely tortured, I would plump for as of this evening) I shall sit on my hands and see what next week brings.

HYR seems simpler. I've missed the first big lift from the 10's to the 25's. The price is nicely consolidating, slightly weighed down by current overall market sentiment. Will they publish interims same day as VTI? probably. We may get a reaction then on Friday. But I'm less concerned of a major retrenchment thatn with VTI. Hmm.

Quite different feeling from jumping into PGI which looked like sex on legs at first glance and is now sitting on 14% profit since day Friday.

Softly, softly, catchee monkey.

Ramble, ramble . . I'm beginning to feel like the inside of Viv Stanshall's brain!


SD

On the cashflow question - I've just seen the Jan 31 Quarterly Cashflow statement (why doesn't UK Stk Exchng make this a rule - it's a great summary of what's happening)

At 31st December they had Aus$6,379,000 cash on the balance sheet. They also show their operations burned Aus$634,000 (exclusing working capital change which I suspect is repayment of loans out of the Hyrodec cash proceeds) during the last calendar quarer and Aus$695,000 for the last half year. So they are rapidly accelerating the burn rate. How long can they last without fresh cash? Without radical increase in gross profit, about 10 quarters - 2.5 years. So they must increase revenues by 123%, assuming no significant additional costs, to reach break even within that time frame - about 37% p.a.

The Dudley 5 year contract for 600k is worth 120k p.a. and the Albanian contract is worth Aus$1,620,000 for its one year of work, so that is a good start, plus continuing existing revenues of say (??) Aus$500,000 per quarter gives a total for 2005 of Aus$980,000 per quarter, a 90% uplift from last year. So yes, they can make it, if nnew contracts and longer term contracts keep arriving.

All very rough figures, but it's an attempt to give an order of magnitude to what they have to achieve over the next 2.5 years.

A good break through contract in N. America with some of its leachate programmes would be good.

Getting warmer.

SD

Anyone got any forward P/E figures for this one?

Blimey SD you are getting in a right knot. I bought HYR and VTI cos' they both have potential and I don't want to miss out on either. I haven't gone technical with charts and stuff, I only look in general at these for my longer term shares and these shares fall into this category. They both have a product/s that is in world demand. We need to clean up the world these two shares can help in this!

They both than similar shares in issue and great potential but as you say cash burn is high on VTI so they will have to reduce it or find more money. HYR I like as it is and I have a good feeling so on instinct I have bought plus the Shares mag write up. VTI well beside instinct a huge investor of HYR recently sold up and bought the same amount in VTI. It was a lot of money; I've forgotten the details ...I'll find it and post it. It all helped sway me. There is also the big chance of a takeover I think. I have a lot of shares I hope will move quick but some like KMR or NOP I am in for the longer term and these 2 fit nicely for the longer term.
Hope this makes sense...not much posting this week as it is half term.
Di

Thanks Di - knew you'd put me right.

Interested to see the article on the big swap from HYR to VTI when you have a mo.

SD

SD ...Following on from last night....the info I was looking for is there for everyone to see ...just look at these two RNSs HYR dated 1 day before VTI. I still think that HYR is a good long term punt but you don't put this sort of dosh in VTI without knowing something and after coming out of HYR
Di

HydroDec Group plc
07 February 2005

7 February 2005

HydroDec Group plc ('the Company')

Notifiable Interest


The Company received notification on 4 February 2005 that, following the
disposal of 3,000,000 ordinary shares on 3 February 2005, Prestbury Investment
Holdings Limited no longer hold a notifiable interest in the issued share
capital of the Company.


8 February 2005

NOTIFIABLE INTERESTS

Virotec International Ltd (the 'Company') has received the following
notifications in accordance with sections 198-202 of the Companies Act (UK) as
a result of the purchase of 1,000,000 ordinary shares at an average price of
GBP 0.2467 (approx AUD$0.60) on 3 February 2005 by Prestbury Investment Holdings
Pty Ltd.

1. Prestbury Investments Holdings Pty Ltd is deemed to have an interest in
8,850,000 ordinary shares or 4.35% of the Company's capital and the shares
are held in its name.

2. Mr N. Wray is deemed to have an interest in 15,884,100 ordinary shares or
7.79% of the Company's capital. The shares are held as follows:

Nigel Wray 6,900,000 shares
Lucy & Joe Wray 21,600 shares
Priory Foundation 112,500 shares
Prestbury Investments Holdings Pty Ltd 8,850,000 shares.

3. Mr N. Leslau is deemed to have an interest in 8,850,000 ordinary shares or
4.35% of the Company's capital. The shares are held as follows:

Prestbury Investments Holdings Pty Ltd 8,850,000 shares

If you require further information please contact Angus Craig, Company
Secretary, on telephone +617 5530 8014.




VIROTEC INTERNATIONAL LTD
ABN 81 004 801 398
PO Box 188
Sanctuary Cove QLD 4212

www.virotec.com

You're right Di, I read it but did not assimilate the significance - it has to be VTI if only in one. But I love the symmetry of being in both. Now we've move up out of that ideal buying range yesterday - told you I'd probably lose a penny or two on the price. Still not in. He who hesitates etc. . .

SD

The same Mr Nigel Wray who purchased a number of shares in OAKDENE OKD.in February at 97.5p a share.The sp soon reached 132p.He knows what he's doing.Ethel

MM's have opened the spread to stop anyone sneaking in too cheap (or out to dear) first thing tomorrow morning when VTI's interims are due out. They must have sen me coming.

SD

As the sp has gone up 143% in the last three months don't you expect profit taking tomorrow whatever the results?If they are good do you see the sp rising a further 20p in the near future?By the way the spread is about the same in HYR and VTI.Hope it goes well,these cos deserve supporting.Ethel

The way I looked at it Ethel was if it goes up on results great, if it dips it will be short term and a buying opportunity so I will some more, either way I'm in!
Di