The $30 million each year from gas contracts has been in all their company presentations for the past year I think.
The cash in the bank plus the value gas contracts alone is probably roughly equal to the share price.
The main free upsides at the moment are in Zola and Tallaganda.
If you can hold on for the medium term, the development at Manora should also result in some handsome dividends down the track.
A few others here have complained about past management not paying out dividends. I've never held shares in TAP prior to Troy Hayden taking over, but I'm happy to wait until Manora reaches peak production before they pay out a dividend.
- Forums
- ASX - By Stock
- TAP
- 30 million per year until 2016
30 million per year until 2016, page-2
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add TAP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
MTL
MANTLE MINERALS LIMITED
Nick Poll, Executive Chairman
Nick Poll
Executive Chairman
Previous Video
Next Video
SPONSORED BY The Market Online