with the greatest respect, you are not aware of the situation here. delays costing time and money plus messy manipulation took it's toll an holders as did lack of openess from the top.
if all goes well and according to plan then that is all about to change very shortly with the final port approval post amendment requests for ife.
trf has 'control' over ife so what happens with ife will support trf in a big way. I have no intention of including any of trf's other bits and pieces. to me it's all about a port and has been that for some yrs. cash flow received from ife in time will follow. that will support trf's other explorationary plans.
I cannot assess a few holes already dug out or planned to be dug by trf for other minerals but I can assess ife's progress post final approvals.
I note today that all trf's sales went to one buyer late pm. we are getting close to what I see as a positive outcome from DAC. if not then it's a very big slippery slope down from here on. I am not believing this will be downhill as port approval had already been given. it is the ammendments that we await finally.
personally, I have not seen a better chance of making money in many yrs. nothing is certain but this imo is as close as it gets.
take care,
and be good,
40.
TRF Price at posting:
14.0¢ Sentiment: ST Buy Disclosure: Held
