TAS still show EDE cash on their balance sheet. This is grossly misleading in my opinion. It is not cash available to TAS.
Then they also don't rule out expenditure on exploration. In fact they say further expenditure on Parkinsons Dam is being considered. Same with Lake Torrens.
Nothing in this changes my current relative values. In fact it confirms them in my view.
Good day to trade again today. !!!
Ann: Second Quarter Activities and Cashflow Reports, page-2
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