TAP
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0.00% 7.8¢ tap oil limited

Debt Gone, page-3

  1. Autosime
    20,405 Posts.
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    27/04/17
    16:18
    Post #: 24305892
    I think the point that is missed is its not just the rate of production but the realised sales price. Have a look at the sales revenue off the back of part of the quart being unhedged.
    this quarter will be all unhedged and TAP is now in a position to fully benefit from a higher oil price

    trades at equiv 23m USD market cap and would probably be net cash of 3m USD by the end of this quarter
    TAP Price at posting: 7.3¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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