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.
MKT The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint