TAS 25.0% 0.5¢ tasman resources ltd

"Under Chapter 19, a mining exploration entity is an entity...

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  1. 5,928 Posts.
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    "Under Chapter 19, a mining exploration entity is an entity whose main undertaking consists of exploration for minerals (or an entity which has been advised by ASX that it is a mining exploration entity for the purposes of the ASX Listing Rules).
    As noted above, Tasman considers its main undertaking consists of exploration for minerals."

    It seems slightly odd that the ASX labelled the response "price sensitive". They often make bizarre decisions, but you never know. If TAS should lose their mining exploration status, does this impact their tenements?
 
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