EDE 100% 0.2¢ eden innovations ltd

shale energy south wales, page-15

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    Tasman Mkt Cap ~ $9 million @ current share price 4 cents. With approx 4 million in bank (after allowing for this quarters outgoings) then remaining $5 million enterprise value covers:
    EDE Stake (46% = ~$5.3 million @ $0.015/EDE share)
    Conico Nickel/cobalt interests
    RIO JV & mining tenements.
    Apparent leverage to a positive ann on the Shale Energy PLC deal, even if RIO does not proceed further with the JV.
    A double positive ann on EDE & RIO JV could see sp jump.
 
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