Yes Ian bought a small parcel on market of IFE... as noted yesterday. I was hoping he had a spare 100K also- to entice others to see he is very confident in the Iron ore project.
ST it will all be about the Ore- that the company maker of TRF\IFE... a cool 50mil pa Yr 1- 2011. Over 100Mil pa from Yr 2 on... Between the 2 of course.
Between the 2 if all goes to plan the project should be a billion dollar value at PE= 10. Then hercules will deliver far more... on and up.
IFE near 20% up and TRF bearly moves when ROL flying also.
I am ummming and Ahhhing about taking MHM profits to load up further in IFE and TRF.
Something going on... Ian just starting roadshows over next 2 weeks- make all investors understand that you have a billion dollar Coy Ian... become a Tiggy. Good Luck.
Cheers jay
TRF Price at posting:
51.5¢ Sentiment: Buy Disclosure: Held