Interesting article Arlberg. Nonetheless, the recent falls in IO price and projections of future average $90/t must be a major negative for IFE fundraising. The longer it takes for an announcement the more nervous I am becoming that full loan funding for the port development will not be available. I am not even sure a cap raising of the $27m needed would have any chance of success - if it does it will dilute the bejeezus out of the SP. It is starting to look like management's inability to get anything done within reasonable timeframes could be near fatal to IFE and will devastate TRF. Hope I am worrying unnecessarily.
TRF Price at posting:
7.6¢ Sentiment: Hold Disclosure: Held
