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TAS - Tasman Resources

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constable

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Surprised with all the other u stocks around this one hasn't got its own thread yet! Anyrate i thought it may rate a mention that this company holds 27% of ede . Which at todays price equates to 20.5 cents value per tas share (as described in price query ann by tas ). Seems amazing to me seeing as this is what they are currently trading at ! Tas have several potential u tenements in sa amongst other holdings and have just recieved a goverment grant for further exploration.
Im not sure that sp is taking everything into account atm anyone else have an opinion?
dyor
 
Im surprised that given ede's gone into a trading halt pending significant ann that tas doesnt as well. This im thinking should bear the brunt of left out ede investors still looking to get on board , be interesting anyway - bought in to these yesterday at an av of 20.25 cents as i feel these shares should really be closer to 25 cents considering they are edes major shareholder.
 
I'm on @ .22c Constable I am also surprised that this didn't go into trading halt also! I also hold a significant amount of EDE through the IPO and more since. I am also lucky enough to have picked it in the stock comp which looks like tearing away from the field even more than what it has!
 
noobs said:
I'm on @ .22c Constable I am also surprised that this didn't go into trading halt also! I also hold a significant amount of EDE through the IPO and more since. I am also lucky enough to have picked it in the stock comp which looks like tearing away from the field even more than what it has!
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yep have to agree this has got plenty of upside with the pending ann. and the fact even if it goes to 25 cents today your still only paying 5 cents for all of tas's other assets.
 
I like energy stocks but somehow I missed EDE. I have bought into TAS now. The way I see it is that while EDE rose 25c TAS only rose by 5c. I have paid 23c and consider it a good price after considering the current situation.
 
Just topped up on TAS pending the EDEN announcement.

Any thoughts on if were likely to see the ann today or mon?
 
I jumped on and off TAS a few times this week, back on today at .22, seemed to lack the excitement of yesterdays numbers hey ?

Anyway seems like the announcement will be Monday before market opens ?
 
If it positive than yes it looks like Monday, if its negative we may see it some time later this afternoon as companies love delivering bad news after close on a Friday! I am as sure as I can be that this is a positive announcement and also very significant - Bring on Monday!!!
 
noobs said:
If it positive than yes it looks like Monday, if its negative we may see it some time later this afternoon as companies love delivering bad news after close on a Friday! I am as sure as I can be that this is a positive announcement and also very significant - Bring on Monday!!!
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" pending the release of a significant ann." to me this reads a big deal has been signed (presumably with the indian bus co.). Also would explain ede's buying frenzy prior.
Was a bit dissapointed with tas's performance today thought the market may have rallied at the end better than what it did ,but also took it as a buying oppurtunity topping up @ 21.5 cents. End of the day although it finished on the low , it was a higher low !
Correct me if i'm wrong and please do your own calculations but if ede's share and option price goes up 1 cent then this adds just over half a cent to tas's value including accounting for tas's options not yet realised.
The beauty at this point in time is tas's shares are less than half that of ede's and if this holds tru then you should certainly get more bang for you buck holding tas. So long as the market agrees!
 
I think for every cent that EDE and EDEO rise (In the perfect world where they rise in Unison!) it adds .0059 value per TAS Share.

Using Edens final price before the Halt TAS is worth .216 per share based only on its Eden holdings. Im not sure on the value of Tasmans other assets/cash.

So it seems to me that Today was good buying for everyone who bought and hopefully we all get to capitalise on what may be an Awesome announcement Monday !

And ifs its a not so good announcement i hope we dont get nailed to hard lol !

:)
 
Indian buses ? Can that really be what this announcement is going to be about? Seems like old news that the market should of been factoring in long before this. If this is really all about Indian buses, I am not sure EDE is going to have that much left in the tank post announcement.

Hoping it is going to be a surprise of some sort. And if it isn't.....well.....hate to say it but TAS wont do too well IMO. Look forward to being proved wrong.
 
Absolutely said:
Indian buses ? Can that really be what this announcement is going to be about? Seems like old news that the market should of been factoring in long before this. If this is really all about Indian buses, I am not sure EDE is going to have that much left in the tank post announcement.

Hoping it is going to be a surprise of some sort. And if it isn't.....well.....hate to say it but TAS wont do too well IMO. Look forward to being proved wrong.
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Yes soory bit of a throwaway remark about the buses. After looking closer at previous announcements it may well a be a signed deal with an indian engine manufacturer. Really only guessing at this point tho but the potential of supplying engines with ede's technology to a large part of India's transport sector (not just buses) is remarkable.
 
It sure is the Bus thing!

But a 10 year agreement which will see the technology installed in 10s of thousands of Public Transport vehicles ! !

:)
 
16-17C if EDE sits at 50c considering they own almost 1/3. The market doesn't seem to value TAS's other assets very highly at present with only a .5c premium on top of their EDE holding.

I think this will change and we will see TAS around .25c+ by the end of the day.
 
I was reading the that this agreement with Ashok Leyland will see an anouncement made on the London and Indian stock exchanges within the next 24hrs, that may see some increased interest tomorrow hey ?

The price jump today is a bit ordinary condidering the potential, only about a 2pc jump, TAS seems to be offering better value atm if your thinking of buying EDE thatll probably change by the time i hit the submit button :cool:
 
noobs said:
16-17C if EDE sits at 50c considering they own almost 1/3. The market doesn't seem to value TAS's other assets very highly at present with only a .5c premium on top of their EDE holding.

I think this will change and we will see TAS around .25c+ by the end of the day.
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TAS owns just as many options as well so id have to work it out properly, but TAS value just of EDE and EDEO holdings is about .23 atm.
 
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