TRF trafford resources limited
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I would allow for more like $40/tonne, remember South Australia...

  1. Wayne72
    1,735 Posts.
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    05/01/10
    12:50
    Post #: 6162893
    I would allow for more like $40/tonne, remember South Australia is alot further to ship the ore than West Australia. Then Trafford will be receiving 50% of this so therefore $20/ton. 2 billion x $20.00 / 68 million shares = $58.00 per share (of course this is theoretical)!
    TRF Price at posting: $1.03 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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