Ann: Change in substantial holding from TRF , page-10

Fisho, I'm not really a substantial holder. My position for me is small, albeit with high potential upside. I've not focused a lot on the projected profits for some time. I have no specific issues over the those. Most of the cost after all is in transport. More generally though I do agree with Gozz, if what he's saying is that the way they don't meet timelines and promises on finance casts some doubt over financial projections. They don't mind talking a bit of bs. And remember those numbers have been same for years now? They perhaps have built in some buffer though. Remember the floating harbour is supposed to save $20-25 per tonne so down to $60-$65 costs. And yet they sill seem to talk $85 costs don't they?

I posted that note not to express fear or to encourage it. Its just I can see some good upside here for myself. (self, self, self). If the company follows this forum, I want them to know that they need to act as soon as possible to gain small shareholder confidence. Its not like people can call them to get assurance as there's no one to talk too. I think they may need us now. Although as I said, they hopefully have said grand plan.