TRF 0.00% 1.9¢ trafford resources limited

a billion tonnes of iron ore, page-9

  1. 3,851 Posts.
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    Wayne72 that's wrong.

    TRF has 20% free-carry in the project plus holds half of IFE.

    Say $40/t*2mtpa*20% = $16M pa before tax to TRF excluding their shareholding in IFE. That's around 25c/share.
 
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Currently unlisted public company.

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