TAS 0.00% 0.5¢ tasman resources ltd

Nursery...So you are valuing their mining tenements/assets...

  1. 1,020 Posts.
    lightbulb Created with Sketch. 43
    Nursery...So you are valuing their mining tenements/assets currently at...what?..negative $20 mill? And by your reasoning as the sp of EDE increases that translates as minus 30 mill, then minus 40 mill etc?
    Surely the Solomons have direct incentive to deploy capital on a risk vs reward basis... & they have categorically stated they see that the reward lies with EDE...
    You failed to respond to the "non-negative"scenarios I outlined previously
    1.where an EDE takeover route targets TAS's stake directly. Quite feasible.
    2. A liquidation/offload of all mining assets (zero net result) to focus solely on EDE stake.
    The Solomon's have shown a willingness to dispose of assets that may detract from focus on Edencrete...ie, firesale of UK gas assets. No reason they would not adopt a similar strategy with TAS legacy assets
 
watchlist Created with Sketch. Add TAS (ASX) to my watchlist
(20min delay)
Last
0.5¢
Change
0.000(0.00%)
Mkt cap ! $4.026M
Open High Low Value Volume
0.0¢ 0.0¢ 0.0¢ $0 0

Buyers (Bids)

No. Vol. Price($)
1 221958 0.4¢
 

Sellers (Offers)

Price($) Vol. No.
0.5¢ 4785706 4
View Market Depth
Last trade - 16.12pm 18/11/2024 (20 minute delay) ?
TAS (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.