>>I should add, for a company that will most likely have earnings of 10c/share by the end of year or January, current buy at 27c looks quite....cheap. Add to this their share of Robust with an initial resource imminent....<<
That would be very nice after holding for a couple of years and hearing delay after delay... Simply put after such a long time I never take Ian's word for it anymore. But definitely worth a punt at these levels. I gather from the supposed Iron Ore from Whilcherry in Q1 2012. Lest us not forget that it was Q2 - Q3 2011 but delays as per normal.
These current results for commercial purposes are years away IMO. Yet they were good results that we can add a bit of value for... Overall LT BUY IMO. As chances of some Iron Ore in 2012 must happen or the Coy is a joke including Management. Been a long time and been in the bottom draw for a long time.
Cheers
TRF Price at posting:
29.5¢ Sentiment: LT Buy Disclosure: Held
