Fisho26, "why would TRF want to merger with IFE?? Answer, TRF...

  1. 568 Posts.
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    Fisho26,
    "why would TRF want to merger with IFE??
    Answer,
    TRF had run out of opex ( empty treasury) old boy!
    Come in IFE..A little cash box ,to cover director & waiting fees.
    With a bit of luck the newly merged treasury will get The Hon IF thru to retirement age.

    This newly merged enterprise has no cashflow IN.. Only OUT.
    But miracles can happen , & perhaps gold will save the day,but considering the past failed strategies of the Hon IF,
    It's hard to imagine TRF/IFE recover this from here under same stewardship..I am afraid to say.

    But i would be delighted to be proven wrong.
    GLTA.
 
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