I can see no reason why any valuation broker cannot state that this stock is now very undervalued... Compared to its investments and now also the market as a whole...
Becoming a little frustrating to watch whilst others increase with the market... Regardless I would not be letting go of these shares for less than mid 80s. It real valuation.
Even then we have huge upside potential to come in the likes of production from IFE and future drills towards JORCs for ROL. Plus its own exploration in the IFE area, in which TRF owns 100%.
No volume, as a ST traders have temporarily exited this play- time will be a vitue in this play- IMO.
Many small factors could dramatically increase the SP- IMO. Broker recommendations, takeover talk, investments SP increase, upside talk in new exploration, etc...
I can see no reason why any valuation broker cannot state that...
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