Thanks for those comparisons ddzx,
Looking at the market cap of EDE being around $26M at 3c per share and TAS owning 49% of EDE, the MC of TAS should be valued around $13M on the EDE holding alone.
This equates to a current 5.7c share price on the EDE holding without including the value of what TAS holds on top.
Definitely way undervalued. Can see EDE hitting minimum 20c in the not too distant future.
Eden Energy (EDE), page-31
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