TFE territory iron limited

Some pretty spectacular gains (25%) in last 2 days - especially...

  1. leggy
    422 Posts.
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    31/05/07
    16:47
    Post #: 2499604
    Some pretty spectacular gains (25%) in last 2 days - especially for an iron ore producer that hasnt really announced anything new!

    Whats do others deem Fair Value for TFE both on current known reserve and also 'upside' of very probable upgrades?

    I was thinking I would be happy with a starting production price of approx 85 cents but we have overshot this considerably already...no complaints here!

    Any technical gurus like to offer an opinion? Certainly finished pretty strongly on good volume
    TFE Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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