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Share
09/05/11
14:01
Share
TRF's 27.5 million shares (and 1 mill of IFEO) have jumped significantly invlue over the last week as has it's 20% share in the project.
updated TRF asset calculation - IFE shares $22,000,000 (will exclude options for now - 75c conversion price)
20% free carried share in Wilcherry Hill - Absolute Minumum of $15,000,000 (based on the fact it is free carried)
ROl Holding (7.2 million at 1.65) - $12,000,000
Excluding all cash and other gold/zinc assets - $49 million
OR 57c per share - next couple of weeks should be interesting....
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