TRF 0.00% 1.9¢ trafford resources limited

trf set to run on ife ... plus rol

  1. 24,765 Posts.
    Ore price nears new high as Chinese demand soars

    SURGING demand for iron ore is causing bottlenecks at China's ports and has pushed spot prices to their highest levels since the financial crash.

    Australian iron ore exports are set to hit record levels in the year ahead.

    The full article is at http://www.theaustralian.com.au/news/ore-price-nears-new-high-as-chinese-demand-soars/story-e6frg6n6-1225813999885

    My comment:

    It's only a matter of time before this is reflected in the IFE share price in a very big way imo. As TRF owns 50% of IFE's shares plus is free carried 20% in IFE's emerging iron ore mine this should help propel the TRF share price along with ROL.
 
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