This discount is ridiculous for tas, ede seems to have a bright future and I agree tas will always trade at a discount unless a bid for ede comes via tas as tas holds the blocking stake and is controlled by ede management.
Smart management too so over time this discount will narrow so I personally think some real $$$$ can be made here.
The biggest thing holding tas back is lack of cash flow and the need for cash in ede.... Tas got long very cheaply so now it's time to let new money come in at higher prices to fund development for future production.
Cashflow starts early next year for ede and 2019 big plant up and running so future looks bright for both companies.
I brought tas due to discount to look through book value and cheap entry into ede to ride the wave
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