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19,192 Posts.

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10/02/16

22:34

Post #: 16990377
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Originally posted by Agnosticist ↑

"The dividend receipts to TAS will fund overhead costs first"......
What a laughably infantile way to distort facts.....
Every company has to pay overheads...... And TAS overheads will not be very high (on the Concrete side of things) , since TAS will not have any costs to deal with directly, excepts collect dividends (as EDE's main shareholder)..... As for the "exploration expenses", the mining tenements are assets, which if TAS decides to sell will bring money, not cost to the company. It does NOT necessarily mean that TAS will spend money on exploration in this Global Mineral Environment.
The Calculation that Ultimately WILL DETERMINE TAS SHARE PRICE in comparison to EDE's Share price was OFFICIALLY released in a Company Announcement by Non Other that the Management and El Supremo of EDE and TAS, Gregory Solomon, and is considerably HIGHER than EDE's Price.....
The REAL REASONS for the present perceived "inexplicable anomaly" (Higher EDE Share Price) are to be "found" elsewhere...... And WILL BECOME Apparent hopefully sooner than later*****

Cheers)

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I suggest you study the balance sheets and past history of TAS to establish the overhead costs and cash burn. I have a long history of TAS investing. Mining tenements can become bottomless pits. Basically TAS are speculative explorers without much past success. That HAS become apparent.

TAS Price at posting: 4.8¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 1.5¢		Change 0.000(0.00%)		Mkt cap ! $4.190M

Open	High	Low	Value	Volume
1.5¢	1.5¢	1.5¢	$501	33.4K

Buyers (Bids)

No.	Vol.	Price($)
2	35121	1.5¢

Sellers (Offers)

Price($)	Vol.	No.
1.6¢	54202	1

View Market Depth

No.	Vol.	Price($)
2	35121	0.015
2	798419	0.014
3	341932	0.013
3	266000	0.012
1	250083	0.011

Price($)	Vol.	No.
0.016	54202	1
0.017	166799	2
0.018	1430	1
0.019	153043	2
0.020	712891	4

Last trade - 10.02am 16/07/2025 (20 minute delay)

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