Sure that could happen, that is why I think if you take a step outside the box and think slightly longer term IMO LT holders will win in the end. I don't mind buying more shares for 25c if the basic numbers are intact and they still start the operation in April/May/June. By this time I am confident that the price will be way north of 25c. Atlas are a good comparison with IFE and TRF to show what can happen when an iron ore development company start mining and I expect IFE and TRF will have much less shares on issue even if there is some dilution. It is not long to wait really is it.
TRF Price at posting:
40.0¢ Sentiment: Buy Disclosure: Held