TRF
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0.00% 1.9¢ trafford resources limited

Today:IFE=$51M ( @45c/share) TRF = $M21 (22c/share)27.7% x IFE =...

  1. dhimurru
    190 Posts.
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    25/06/12
    18:35
    Post #: 10349680
    Today:
    IFE=$51M ( @45c/share) TRF = $M21 (22c/share)

    27.7% x IFE = $M14.1
    money in bank = $M4 (according to latest IF statement)

    Total = $M18 asset backed.

    Leaves $M3 market valuation for all of TRF's tenements,the 20% free carry and the expected $M10 income stream this year from IFE..

    Crazy market...
    TRF Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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