TRF
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0.00% 1.9¢ trafford resources limited

Let's not forget that TRF effectively has 60% of the IFE...

  1. denpal
    3,851 Posts.
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    19/11/09
    15:36
    Post #: 5936588
    Let's not forget that TRF effectively has 60% of the IFE Iron-ore project plus the gold credits from the ore.

    TRF has a 20% free-carry in the project, plus half of the 80% that IFE controls, ie 40%, total of 60%.

    The TRF share price is in urgent need of a serious re-rate IMO. Of course I'm happy to buy at these levels and have done so.
    TRF Price at posting: 25.7¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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