trf mkt cap versus 1.54 cash 3.94 ironclad +/- holding 1.1 ogx +/- holding
not that ogx and ife can be totally relied on atm but for a balance of 2 million +/- trf has exposure to 27% ife and 20% free carry. this is one hell of a bet for ife's initial possible 100 million cash flow.
profits ?
gotta get that deal for ife right and then ted's honey pots will be overflowing.
imho the odds greatly favour a positive outcome as against a negative one.
my gut feeling is we have arrived at the top of the hill. it should be much easier going forward.
continued patience needed but 40's very happy today.
be good,
40.
TRF Price at posting:
7.2¢ Sentiment: ST Buy Disclosure: Held
