TAS 0.00% 0.5¢ tasman resources ltd

TAS Shareholding in Conico (CNJ) - Upcoming Exploration in Greenland, page-37

  1. 9,951 Posts.
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    Just to add.

    If EDE needs additional funding in the near future, which it probably will, and TAS’s CNJ holding does end up being worth over 5 million on Wednesday, GS could decide to sell TAS’s CNJ holding, and then use a major portion of these proceeds to fund EDE.

    The rest he could use to fund another round of drilling at Pernatty (if this current drilling programme reports some very encouraging assay results).




 
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