so TASO holders need to weigh up contributing an extra 5c before 31 March next.
so they have about 2 wks to decide if they will find another 5c per share, when their SP is about currently 6.5c per share.
So will a TAS share be worth 11.5c post- exercise?
or will it slip back below that 11.5c figure?
I guess we EDEO holders will face a similar question come 30 Sept next.
EDE sp currently 9c plus Option exercise is 3c.
So will EDE sp remain at 12c post exercise?
I think EDEO holders are in far safer territory than TASO holders.
It is in the interests of EDE that TASO holders exercise their Options.
Interestingly, TAS has just released some encouraging news about their latest metallurgical surveys.
How timely and fortuitous.
EDE
Price at posting:
9.0¢ Sentiment: None Disclosure: Held
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