cash preservation needed, page-3

Thanks Denroyd.

I am in boots and all with TRF/IFE, but I try and see it as much as possible without rose coloured glasses.

I have seen plenty of small cap stocks use more money over the last couple of years than TRF/IFE, and have come up with much less viable results and projects. They are also some of the more talked about stocks on H.C by the way.

I have confidence we have a great management that seem to sniff the right areas to dig. If the market held a bit longer, money would not be an issue. I did notice the AGM notice to issue more shares.

Seeing as directors have been buying a little over the last month, I think they are convinced they can get investors for a placement. Just a few more good results to come in plus the resource upgrade for IFE and we should be okay to raise the cash.