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analysis of agm report..., page-2

  1. Litch110
    629 Posts.
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    29/11/10
    15:42
    Post #: 7540206
    Jay

    Not had chance to write up notes but you said

    "The extra investment from IFE\TRF will be approx 20Mil IMO and has been communicated at approx. this amount to many investors. Higher end will be 25Mil to cover all costs IMO. "

    Ian stated at the IFE AGM this morning that this figure would be 30m.
    23m for CAPEX and 7m for working capital

    I will try and write up notes and post later today

    Cheers D
    TRF Price at posting: 45.0¢ Sentiment: LT Buy Disclosure: Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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