I thought things would move forward quickly after they obtained port approval . . . or that was the impression given by IF.
But there does not seem to be much happening at all . . unless there are delicate discussions happening behind the scenes with potential sources of finance. But the cynic in me says that that is just another "promise" of great things to come . . . like many before that have all come to nothing.
Now the great hope is for the Tin deposit. . . . another "promise". . . . but promises don't pay the bills. . . . unless you are a director of TRF/IFE.
This organisation is trying the patience of all shareholders.
It would be good to have some reassuring words from management . . . and on the surface it doesn't look too good.
TRF Price at posting:
9.7¢ Sentiment: Hold Disclosure: Held