Ann: Lake Torrens IOCG Project - Drilling Update, page-22

Grumpy:

I first started buying TAS in 2013 because I believed in the Lake Torrens prospects and the fact that RIO had done a JV. I ended up with $137K worth of shares and a million options in 2015. I then sold the lot for a $80K profit in 2015. I made this profit for all the wrong reasons, basically because of the EDE investment.

This time, I bought back into TAS last year because I still believe in the IOCG potential at Lake Torrens and the fact that FMG have a JV with TAS. So excuse me for my ignorance about CNJ, but it seems again I am about to make money out of TAS again, seemingly for all the wrong reasons. But I still really believe that FMG will soon make a major discovery.