Ann: 10.5 Km IOCG Target Defined at Death Adder , page-17

re: Ann: 10.5 Km IOCG Target Defined at Death... Whiteknight, I am not a great believer in charts , even more so for a company like this which can have a sudden "off the chart " movement as the result of a single announcement. Riverdry gave you the basics of TRF's cash position but what you should note is the current TRF share price barely equates to the value of its interest in IFE (being the 20% free carried interest in all iron ore plus direct holding of approx 30% of IFE's shares). There is NOTHING in the TRF shareprice for its exploration activities which are now starting to look very promising indeed (I suspect that is what has prompted your interest).
Several of the posters here have been saying for months that TRF is hugely undervalued and little has changed even with the recent 20% increase in SP. GLA