TAS 0.00% 0.5¢ tasman resources ltd

TAS/EDE relative values, page-120

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    Don't forget TAS has a whole bunch of options to be exercised at 5 cents by March 2018 thereby giving them enough to exercise their EDE options at 3 cents by Sept 2018. I wouldn't be surprised if a buyer is found for their Vulcan and Parkinson Dam Targets. Exploration drilling is expensive and I can't see them finding a JV partner anytime soon but a large miner might be prepared to offer a few million for these tenements (at the right price). IMO Edencrete is the main game and the money maker. Think about it, why would the directors who have so much invested in TAS go down the riskier exploration path? IMO the SP will right itself in time.
 
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