If I was Ian I would try and do a cap raising for TRF soon.
Not much, but enough to cover the purchase of options and a little bit more on top.
He has said the interest is very high with TRF at the moment with a few insto's asking more about the company and how they can get involved. A main driver being the IVR find next door.
With the markets going okay now, I would sure up the bank account because in 2 or 3 months who knows how the world will be to have a cap in hand.
That way with all their projects and others he is looking at, including Woomera, we need money now to really do a fast strong drilling programme.
TRF Price at posting:
39.5¢ Sentiment: LT Buy Disclosure: Held
