TAS 0.00% 0.5¢ tasman resources ltd

Ann: Trading Halt , page-2

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  1. 18,533 Posts.
    lightbulb Created with Sketch. 1009
    Interesting that TAS are having a capital raising at this stage. It would be interesting to know if it is a dilutive issue to the so called sophisticated investors at a discounted price or an SPP to existing shareholders. I'm interested to hear what the funds will be used for. Will they add value to TAS or just provide funds to keep the company ticking over.

    Maybe it will be an issue to a partner to get funds to have an increase in the prospecting program to find and prove the next "olympic dam".

    At least it is action one way or another
 
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