Thanks PaulI value your comments whilst not always agreeing with...

Thanks Paul

I value your comments whilst not always agreeing with you. I still think this agreement is very good for TRF and not so good short term for IFE. Stage 2 is still at least 18mths/2 years away its a long time to wait especially as we have had the rugs pulled from under our feet as small investors

For TRF they will have the capacity to get cash flow to fund their projects and going back to shareholders now becomes less likely if the revenues flow from the DSO project.

Although the 50% funding from the Chinese is for stage one, I would imagine if Stage 2 is looking good then they will want a share of that having funded stage 1. Whats they betting that Finchy will sell out again and leave us small investors in the lurch and as I say thats still a long way off.

I am now considering for the first time to get out of IFE with Denpal. I still believe in TRF and with ROL results due throughout the year we could still see TRF well over $1 by years end. having said that I now change my sentiment on TRF to a long term buy rather than a buy and would suggest that IFE is a short term sell