TRF 0.00% 1.9¢ trafford resources limited

My take on this is that TRF and IFE will trade within a small...

  1. 629 Posts.
    My take on this is that TRF and IFE will trade within a small range TRF (47c-53c) and IFE (85c-102c) until the DFS is released. AND if as hoped the DFS will provide the springboard for both companies to new levels far exceeding the ones currently traded within.

    However, my concern is that if for some reason, the DFS doesnt deliver then the current levels will seem like a really good selling point this time next month.

    I cant see that happening but it is a possibility as the market hasnt reacted positively so far to the release of some details in the DFS.

    TRF would also benefit for some good gold results on the back of the drilling campaign undertaken by IFE

    Look I still remain very optimistic we just have to wait
 
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Currently unlisted public company.

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