Is there any truth to the rumour that Status Quo will be performing at the combined ife/trf agm after party.
I heard they have a new company jingle "Down Down prices are down".
Like fisho, just my opinion. Like ife they will need to raise money. And just like ife i never understood a drilling programme with two holes, when other companies drill many holes to prove up a resource. It has to be done and prices arn't getting cheaper.
9c, but even if they raised capital now it would be a 15c or so. Look at SXY earning 100m a year and raised capital at 74c and the share price went to 59c.
Sorry Nate, but i'd be nervous. I had 143,000 but got out mostly months ago in the 30's and 40's because of my concerns.Last 25000 at 22.5c very relieved.
Best of luck Benaud
TRF Price at posting:
18.5¢ Sentiment: None Disclosure: Not Held
