TRF 0.00% 1.9¢ trafford resources limited

release out: hi ho .. hi ho ... , page-13

  1. 667 Posts.
    Once cash starts coming in the door, and if it is at the margins projected in the recent announcement, then i find it highly unlikely the SP will be trading in this 50c range. Even if it was, imagine the value TRF would have the opportunity to create with the cashflow that would be coming in. They will have all kinds of opportunities - buying into other projects, funding more of IFE to get greater interest and/or free carry, taking a bigger position in ROL, paying a special dividend to shareholders.

    There are many possibilities once cash starts rolling in. I think if we can exert patience now for just another 6 months, then things should be looking pretty rosey.
 
watchlist Created with Sketch. Add TRF (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.