TAS 25.0% 0.5¢ tasman resources ltd

Ann: Appendix 3B, page-12

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  1. 119 Posts.
    To me the answer appears relatively simple as to how Tas pays for its Ede options. Tas opts expire in march next year and at 5 cents should raise just over $3.25 million. Ede opts of Noble expire in Sept next year, approx. $3 million.....where is the problem with cash other than just the running of the business of Tas which should be about $500,000 , all things being equal, for the next 6 months. Glad to see the Solomons putting in more of there own cash now by way of converting options. If Tas needs more money just sell some Ede as relatively they are too high!
 
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