TRF 0.00% 1.9¢ trafford resources limited

release out: ho hum, page-6

  1. 1,149 Posts.
    Lol- nice one Sushi... I agree they should have IR to respond if Ian to busy. I hope those whom asked got value from the notes but never beat direct correspondence to Management.

    Gold result wise it is positive to have a contract in place that gives TRF 100% of all other resources. They will do something will all other resources IMO. Gold mines are not built in a day- these results are positive.

    Market reaction will be mooted I guess- as not as important as shipping out the Iron Ore.

    What could they company being holding back on??? The main issue is smaller ships IMO as it affects the bottom line. Yet we still to make 35-70Mil fromproject in 1st year with expensive ships. Ian working on getting the prices down but in first year we will have smaller ships IMO. Meaning an extra 20Mil cost.

    I see very little downside from here- risk reward wise.

 
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