Ann: Non-Renounceable Pro-Rata Rights Issue , page-9

. They have discovered nothing of material value from their drill holes at Olympic Dam but still go back to the shareholders for more funding on the false hope that they will eventually hit pay dirt.

Thats right BUT that is what a spec prospector does. That is why I still hold TAS. That is why I took up the SPP. TAS is very much a spec stock. It is a prospecting stock. If it finds the "mother lode" it will pay off big time. If it doesn't then it MAY just survive on its EDE holding (if EDE comes good). Lots of ifs. Anyone not prepared to go along with ifs in a stock like TAS should stick to blue chips.