the trf cash issue could be resolved depending on which way the wind blows with ife's funding and I bet that sr finch is playing brinkmanship to this.
iron ore price wobbles too are hitting any and everything.
if we go back far enough then trf missed the io boom from the gfc onwards and it's just about to go into production as the slow down begins again. however, the io will still be there. booms and busts. always.
imho, at these prices and as long as the figures add up this will work out well. volumes have not been special, so no worries for me there.
my gut feeling, is that the news we are waiting for will commend staying aboard. for me the fundamentals have not deteriorated enough to leave the ship.
meanwhile I wait.
40.
TRF Price at posting:
7.5¢ Sentiment: ST Buy Disclosure: Held