TAS 33.3% 0.4¢ tasman resources ltd

get ready !!!!!!, page-7

  1. 293 Posts.
    I'm sure the figure of 300M shares for MNR is incorrect. At the time of the Prominent Hill discovery, MNR did only have a 19% interest, but I think you'll find that the number of shares they had on issue was only about 25M.

    TAS's prospects and leverage (especially through TASO) still compare very favourably with MNR's status prior to the PH discovery, just not to the staggering extent that it would have been had the 300M MNR shares figure been correct.

    Rgds, W.
 
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