All that Finchy will do is sack staff at TRF, and pay himself...

All that Finchy will do is sack staff at TRF, and pay himself and his mates from the $3.5 m at IFE and pray the manganese is big enough to be commercially viable because IO is almost dead in the water atm.

IMO , No Debt Finance for IFE while Finchy controls the asset.Remember the $6.8 m from HK, all gone. $1.50 p/s to get going, all gone, the shifty he pulled to get the options over the line , all gone ... Who stupid enough will give him free control of $22m. Would you......

I feel for Menzel and his team , he must be trying hard to raise capital to no avail.


2 years more to wait for IFE, TRF not long now.