TAS trending well, the price query is well worth a read.
TAS MC is $26m yet they have 26m worth of shares in EDE and $7m cash so they are trading about $7m below asset backing.
They recently signed a farm in joint venture agreement with FMG
"Tasman Resources Ltd (“Tasman”and FMG Resources Pty Ltd, a subsidiary of Fortescue Metals Group Limited (ASX:FMG Fortescue ”
have executed a conditional, formal Farm-in and Joint Venture Agreement (“Agreement”
over Tasman’s wholly owned Exploration Licence 5499 that hosts the Vulcan iron oxide-copper-gold-uranium (“IOCGU”
prospect, approximately 30km north of BHP’s Olympic Dam mine in South Australia."
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