TAP 0.00% 7.8¢ tap oil limited

Ann: Company Insight - MD Gives Company-wide Upda, page-5

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  1. 1,900 Posts.
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    re: Ann: Company Insight - MD Gives Company-w... Timely update from Troy.
    A couple of surprises for me - Starfish to be drilled in 37 days after spud (good) and Taunton to cost TAP $7 mill (more expensive than expected).

    I liked Troy's confidence though - "...... I will forgo up to $1 million, but I am confident I can meet the minimum share price hurdle of $1.67 to obtain the 5 million shares".

    Also good explanation with regard to the M&G sell down and the effect it had on the s.p.
 
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