I am not that happy about the trip to Africa. The major project for this year is to get iron ore out of the door. We need funding for this and as usual timings are slipping. No news on the funding is why the SP is where its at. The market likes certainty and yet, as usual, with both TRF and IFE we have uncertainty.
Why go to Africa when the funding is not sorted for IFE? (well the market hasnt been informed if it is).
I am a supporter of the management, but their lack of communication is unbelievable.
I will however continue to hold
TRF Price at posting:
42.5¢ Sentiment: Hold Disclosure: Held