TRF 0.00% 1.9¢ trafford resources limited

rol holding worth of 15 mill, page-9

  1. 415 Posts.
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    So, 15.84m value from ROL holding plus 34.7m value in Wilcherry Hill (based on IFE sp of 75 + 20% free carry) gives total MC around 50m which equates to approx 60 cents/share. That takes no account of gold at WH nor the control that TRF has over IFE by virtue of its dominant shareholding.
    Why is TRF at 40 cents ? Answer: Ian's ability to continually put his foot in his mouth.
 
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