"27.75% IFE + 3 million in bank = 18.72 million
makes current price a bargain"
Dhimurru, you have left out the 20% free carried interest in IFE (10m + alone) , not to mention pending announcements from "Aladdin's Cave"
Although TRF is largely dependent on IFE , it is hard to see a junior explorer better placed than this.
GLA
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