We are starting to see a bit of recognition by the market of the...

We are starting to see a bit of recognition by the market of the value of TRF's holding in IFE - most investors probably still miss the significance of the 20% free carry and ownership of non-Fe minerals at Wilcherry Hill. The sp is still way below NTA value and has probably become an even better buy with the movement in IFE value !! For those of us who have been in a long time, the temptation will be to sell out once back to entry cost; IMHO that would be a huge mistake. I have been caught out in that way and missed out on a 10-bagger simply because I had lost my nerve. It won't happen again.