The press release is pretty low on detail. A quick comparison with the Stellar Resources Tin project in Tasmania shows an average grade of 1.5% Sn (at 0.6% cut-off) versus TRF's 0.56% at 0.3% cut-off. While this does not take into consideration tonnage and depth etc it seems that TRF's grades are an order of magnitude lower. Wonder if management really believe this story themselves or if a quick re-assay of old samples was the best they could come up with prior to the SPP?
TRF Price at posting:
6.1¢ Sentiment: None Disclosure: Unspecified