JB,
I would expect a break out to 6-8 pence for TRP in the coming 2-3 weeks. If this happens and (hopefully for me) GBP stays the same I know that I will be selling TRP again and putting it into GBP. I have just gone through exactly the same thing with VIL/ GGP (although on potential reserves - a tiny, weeny, itsy, bitsy, scale)
Its risk reward.
d.