My gut feeling is we are on the verge of some great drill results. We have been sitting around 20c for a while so why not raise money now, not going to dilute too much, easier to raise money at the lower price. After the IFE option debacle, why would soph. Investors put their hands in their pockets if Ian couldn't guarantee positive news. Also he cant afford to burn existing holders again if they are handing out more money. I'm looking forward to watching this unfold, onwards and upwards I think!
TRF Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held