TRF 0.00% 1.9¢ trafford resources limited

2014 -the rise of trafford resources., page-22

  1. 2,662 Posts.
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    Arly, I admire your enthusiasm but current market reality tells me that it's going to take some very good news just to get to 15c again. Some excellent tin hits at Zealous might do the trick in the short term (before the seemingly inevitable fall back) but longer term only production at Wilcherry Hill is likely to bring about a meaningful re-rate, and that could be well into Q3 at best. I don't even think the arranging of finance for WH will have a great impact, nor good results from OGX. Serious punters just don't want to know these days when it comes to risk. Give them solid profits and then they'll take notice. At some point sentiment will change of course, but I seriously doubt that happening this year.
 
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