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angk43

985 Posts.

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21/03/15

15:14

Post #: 14955661
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Originally posted by Swiss Gnome ↑

Fisho26,
"why would TRF want to merger with IFE??
Answer,
TRF had run out of opex ( empty treasury) old boy!
Come in IFE..A little cash box ,to cover director & waiting fees.
With a bit of luck the newly merged treasury will get The Hon IF thru to retirement age.

This newly merged enterprise has no cashflow IN.. Only OUT.
But miracles can happen , & perhaps gold will save the day,but considering the past failed strategies of the Hon IF,
It's hard to imagine TRF/IFE recover this from here under same stewardship..I am afraid to say.

But i would be delighted to be proven wrong.
GLTA.

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Swiss, your 110% correct, that's Finchy's game plan. During his retirement he may just spin off another company to any willing suckers(shareholders).

TRF Price at posting: 1.4¢ Sentiment: None Disclosure: Not Held

TYX Price at posting: 1.5¢ Sentiment: None Disclosure: Held
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