It will take that first shipment to gain market credibility. Will TRF ship on schedule?
It will then take a few months, to really establish if TRF can consistently deliver the amount they say is possible.
Once thoe two boxes are ticked you will see a more sustained re-rating. Until then Im onlt expecting a steady rise to $1plus in April 2011.
Unfortunately, most of that rise will probably only come towards Feb, March, April. And market may need more confirmation and progress update along the way.
People will jump onboard. Its just a matter of when.
I haven't tried contacting the company, but I must say I'm concerned that they talk to large shareholders and not small. I know they have time constraints, but still...
TRF Price at posting:
50.5¢ Sentiment: Hold Disclosure: Held