I could not see them raising more money under TRF for this...

I could not see them raising more money under TRF for this potentially lucrative project. Whatever they raise now has to be for tin and other projects we have.

What I can see is to maybe set up a new company and raise capital separate with TRF being the major shareholder similar to IFE.

Even though we might be over the tentacles of TRF a new investor will look at only the project at hand and if they see potential then money will be raised here regardless of how tired we are at another 'project'