Personally I think TAS should be using 100% TASO conversion $$$ to be converting their EDEO to EDE's.
Currently outstanding TASO units is 73,001,573.
At 0.05 conversion, the $$$ value is $3,650,079.
Current EDEO units held is 101,356,779.
Price to convert all at 0.030 is $3,040,703.
Still would have a remaining $610,000 to add to the cash balance by Mar 2018 when the TASO expire.
But in doing so would also increase and highly likely need a capital raising.
We've been told....., page-27
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