Ann: Change in substantial holding from TRF , page-16

Hi All,

Another unhappy seller exiting this morning his 125k worth of shares(i guess they have had enough of IAN miss leading timelines). A new year and still he B#ll sh#ts everyone, no regular updates or nothing to update, one of the two!

As quick as we move up, we go down just as quick....One good sign there is a buyer or two around getting cheap shares!(good for them)Options haven't been touched in 6 trading days, that isn't to good...no-one is willing to take a punt are they!!!

Ian could have changed over TRF"s, IFE options but he hasn't,(as a vote of confidence) i wonder why????

Ian is he no hurry... as he and Neil has missed their free grab for shares, so why rush now.

There is alot of people in IFE in BBB boat, who has a heap of options and can't change all of them over(some won't change them over at all because not enough in the money)With 12mil to come from all being changed over, why is Ian only including 11mil???

I told Ian about Hopcopper last year, that he should have a read if he has any spare time too(but i bet he didn't).

Billy....I ask last week if Ian could update the market with what has been done and what still needs to be done, but still NOTHING(thanks IAN)
Wasn't the $85 a ton first worked out on trucking and train 500 odd kms and now we are going to lucky bay only 150odd kms and still the same price? 85 dollars a ton isn't cheap....

As Fisho said...They have not met a deadline yet as far as I can recall...... but then they are nearly there....
Don't you think if we were nearly there the market would be waking up to IFE by now???