Ann: Change in substantial holding from TRF , page-33

BBB, I dont want to sound as extremely bullish and harsh to substantiated viewpoints both ways. But its ridiculous to keep on going on in that manner. Exposure is too large and cannot handle the daily down movements, so a rebalance of exposure.

Just trying to be diplomatic but there comes a point. Its simple, all shares have inherent risks, so understand the risks so that you can mitigate the risk if uncomfortable. Theres going to be ups and downs, defintely stay calm and have patience and keep a level head in these markets.

All of my major LT investments are explorer becoming producers/+ve cash flow generation investments are doing extremely well and I think IFE/TRF will in due course do this as well.