TAP is frustrating to say the least. Despite the OP rising, the hedges being unwound, debt free (nearly), dispute solved with major shareholder - we still can't get any traction whatsoever. It was good news that Menzies invested his own $$$'s as opposed to free shares/ options.
I never heard back from Menzies to the questions I raised in my email. He is due to give an update this quarter...probably still 3-4 weeks away. My hope is that update will include a statement re proposed dividends. I really hope that there is not some wildcat drilling where we spend our hard earned $$$$'s. Would be good to know if there any opportunities near field that could be tied back.
GLTA
S1
TAP Price at posting:
9.1¢ Sentiment: Buy Disclosure: Held