Same here V8. Actually think the market has applied little or no...

Same here V8. Actually think the market has applied little or no value to the EDE investment to date. It's really only been about Vulcan/RIO JV imo. This LNC stuff is really left field for TAS

Don't think TAS will dilute while the RIO/JV is in place (and with 6-7m cash in bank). So there is really nothing stopping TAS going blue sky and very quickly.

Also can't rule out TAS marketcap overtaking EDE marketcap next week on basis it being a cleaner shell with a sorta 'significant' exposure to the SA licences + no cheap stock floating around.

A little forward thinking here, assuming TAS hasn't dumped any EDE holding. Someone with deep pockets could takeout TAS (thereby gaining control of the 47% EDE holding) then purchase 5% EDE and gain effective control over the S.A PEL's via the combined holding. $150m exercise imo and one also gets TAS's other plays, which could be big buntas on their own.

Lets see how this LNC media stuff holds though.

PS Excuse the Friday rambles!