I think the revenue will be higher, possibly be 30M before tax with the way the iron ore prices are going. I was in China last week and one spot delivery of ore had hit about AUD 200/tonne.
In any case, TRF is in the box seat no doubt. Even if IFE price falters a little in the short term, TRF will be held up by ROL's ongoing exploration and results and their own gold results.
I think the revenue will be higher, possibly be 30M before tax...
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