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TESORO GOLD LTD — Net Asset Value 2010
Feb 9, 2010
65957_rns_2010-02-09_6aa3d738-91c7-4a28-8b49-ec1807f14a4f.pdf
Net Asset Value
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TO: COMPANY ANNOUNCEMENTS OFFICE
COMPANY: AUSTRALIAN SECURITIES EXCHANGE LIMITED
FROM: VAN EYK THREE PILLARS LIMITED
DATE: 10 FEBRUARY 2010
NO. OF PAGES: 1
9 February 2010 Estimated Net Tangible Assets (NTA)
We hereby provide notification of van Eyk Three Pillars Limited’s estimated net tangible asset backing per ordinary share as at 9 February 2010 .
| 9 February 2010 |
9 February 2010 |
|
|---|---|---|
| Cents | Discount2 | |
| Gross Tangible Asset backing1 | 93 | 12.9% |
| Deferred tax asset on realised tax losses | 6.5 | |
| NTA after tax on realised income/gains and/or losses |
99.5 | 18.6% |
| Deferred tax asset / (liability) on unrealised positions |
(0.5) | |
| NTA after tax on unrealised gains and/or losses |
99 | 18.2% |
-
Gross Tangible Asset Backing:
-
includes investments at current market value less associated selling costs
-
is before Deferred Tax Asset on realised tax losses
-
is before any Deferred Tax on unrealised investment gains/losses
-
Based on 9 February 2010 closing share price of 81 cents
The Net Tangible Assets quoted above are estimates and are based on unaudited financial accounts.
Brian McGarry Company Secretary
van Eyk Three Pillars Limited ABN 91 106 854 175 Gilbert + Tobin, Level 37, 2 Park Street, Sydney, NSW, 2000 P 1300 732 413 www.vaneyk.com.au www.threepillars.vaneyk.com.au