sale of zola/bianchi prospects., page-133

"TAP Oil is making good on a pledge to sell more assets to boost its cash pile" ..............

Well, not really. All they are currently doing is offering them around. Big difference between this and 'boosting it's cash pile' !!!

They certainly are non-core assets and I can't believe that there is going to be a rush of offers. Less than $10 mill for the lot maybe acceptable IMHO but does not seem to resolve the May liquidity problem.

Hope that I'm wrong and something out of that lot is sold.

Btw - I hope that David Winning got a decent lunch for writing the article.