TAS 0.00% 0.5¢ tasman resources ltd

Ann: Notice of Annual General Meeting/Proxy Form-TAS.AX, page-11

  1. 2,261 Posts.
    lightbulb Created with Sketch. 323
    They will defiantly use the TASO conversion cash to convert all EDEO TAS owns. Another way is to sell some EDE and use that cash to convert the EDEO's sooner helping EDE raise cash and increase EDE holding balance.

    CNJ will need to raise capital to drill mt thirsty but i assume TAS will not participate in any raising just keep current holding and get diluted, TAS way in the money anyhow.
    I would like to see TAS sell off the CNJ stake post CNJ mt thirsty marketing and JV/selling tenement etc occurs in due time.

    EDE is the future for TAS no need for any other cash drains
 
watchlist Created with Sketch. Add TAS (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.