7.4 x 1.4 =10.36, page-75

At one stage TAS was mainly a mineral exploration company that had some exciting ( in some eyes) mineral exploration leases. These came to nothing and a lot of funds went down the drain. My worry is that any revenue they can get as a result of the success of EDE will again be used to follow that dream. That makes TAS a spec stock whereas EDE is approaching probable profitable production.

In earlier days it was TAS that had the potential and EDE was more of a spec stock.

That's how I see it and as part of the market it is how my part of the market see events unfolding. I guess a lot of others see it the same way. I still see TAS as a good buy but at a ratio that I have quoted often as regards the SP of EDE.