Hi,
In view of last Friday's highly encouraging CNJ announcement titled "EM Survey Reveals Highly Prospective Chonolith at Ryberg", I think it is very worthwhile knowing exactly where TAS stands with relation to their investment in CNJ.
TAS currently holds 67,547,762 fully paid CNJ shares, which represents 11.49% of the total issued capital of CNJ.
TAS also currently holds 5,184,536 listed Options (CNJO). These Options are exercisable at $0.048 on or before June 30th, 2021.
Based on the current SP of CNJ at 3.4 cents, TAS's investment has a market value of A$2.297 million.
The coming week will be very interesting for both TAS & CNJ shareholders. I therefore wish all those involved good fortune.
Cheers.
TAS Shareholding in Conico (CNJ) - Upcoming Exploration in Greenland, page-47
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