TAS way undervalued.., page-10

Can I say once again that it is not just a matter of comparing percentage ownership of EDE by TAS and market cap. There are many other complicated factors with this association. There are management and director obligations and payments to consider. Then you have also to consider what will the payments be and where will they go if EDE is profitable and pays dividends in the future. In this case EDE shareholders will receive the dividend direct. TAS shareholders MAY receive some of the dividend passed on to TAS by EDE or TAS may choose to use these funds, and this is most likely, for further exploration.

Remember Solomons are backgrounded in law and lawyers are predictable for having complicated arrangements.

EDE is moving away from a developer towards being a producer. TAS remains much a spec stock.

When I take these factors into consideration I rate EDE as being worth 1.42 TAS. A reverse of suggestions of relative valuations being promoted on this thread. The market agrees with me.
.