hugely undervalued, page-7

There is a long long way to go for the TRF share price. The numbers based on the initial DSO are compelling, but they don't include expected iron ore price rises then increased production rates as the years go by. And at the end of the day, this is just their IFE investment. It helps to look at the bigger picture. Even at $1 TRF is still only valued at about 70 million market cap. Was an absolute bargain up to 20c even now it still is at 26c. There is nothing better than getting in early on a stock with a lot of potential with a low number of shares on issue. Enjoy.