TAS 0.00% 0.5¢ tasman resources ltd

Ann: Fourth Quarter Activities and Cashflow Reports, page-2

  1. 13,333 Posts.
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    Loving that investment in EDE worth over $35 millions. They like to keep it for long term, which is a good sign.

    EDE got 500k and TAS just raised to fund EDE for short term. Hence, believe they should be okay for next quarter when they are expecting to throw out numbers of +ve news that should take EDE over 10c. Will be easy then to raise capital by issuing less number of shares.

    Sooner or later TAS will catch up with EDE. It's an easy buy for me at this price.

    Cheers
    J
 
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