$5 per share on success, page-31

Avemaria
The broker report was from last year
We should have ~$17m in the bank

$6m as at 31 dec + $7.5m back cost + $3m bank guarantee

http://www.proactiveinvestors.co.uk/companies/news/64939/update-tangiers-petroleum-is-cash-positive-and-looking-for-new-opportunities-64939.html

The Moroccan joint ministerial order has been received approving the assignment and transfer of operatorship of the Tarfaya offshore block to Galp Energia, so Tangiers Petroleum's cash reserves will shortly be augmented by US$7.5 million of back costs and return of the US$3 million bank guarantee.