tap oil says bhp billiton assessing commercial, page-10

at the close TAP's market cap was $189m after the $100m in cash, that is a lot of company for $89m.

This includes Ghana, Australia portfolio inc Zola, all the Thailand activity including development of Manora, exploration program and $30m a year in revenue.

Very nice buying at this price. I picked up about 5% of today's volume with an average price of under $0.79. I've been waiting months for this opportunity.

The cashflow number from Manora for early 2014 are very impressive and once this is imminently sanctioned, I expect a major rerating. If the exploration program in the GoT hit more paydirt, this should provide further upside pressure.