I bought into TRF on the basis of a strong management team and a proved project in a company with a low cap value.
I thought that floating off 50% but holding all the strings was the way to go. but it seems many thought otherwise.
many are pinning there hopes on the Ironclad float and the share price of Ironclad causing the TRF share price to also float upwards.
Your analysis is good and gives a good understanding of the project.
Just onething. What is the capex required for carr-boyd?
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