TRF SP at 36c creates a great entry into Iron Ore sector.
I think negative sentiment toward Ian Finch AGM resolutions in IFE has pushed down TRF SP and created an opportunity.
The % decline in Market Cap is far greater than the dilution effect of the shares/oppies being issued.
Near term production, 20% free carry for I/O operations, investments in ROL & IFE, supportive South Australian Government and recent maedia articles highlighting potential for I/O prices to remain at historic highs show this $30M company has so much to offer.
Ready Please!
TRF Price at posting:
35.0¢ Sentiment: Buy Disclosure: Held
