Today:
IFE=$51M ( @45c/share) TRF = $M21 (22c/share)
27.7% x IFE = $M14.1
money in bank = $M4 (according to latest IF statement)
Total = $M18 asset backed.
Leaves $M3 market valuation for all of TRF's tenements,the 20% free carry and the expected $M10 income stream this year from IFE..
Crazy market...
