TAP 0.00% 7.8¢ tap oil limited

why i bought more

  1. 408 Posts.
    Mainly because I sold some at a much higher price and now I can buy back in, But:
    The Harriet JV continues to produce gas at more than 80TJ per day (latest presentation 10.7TJ for Taps 12.22pc) plus 439bopd. Which is more than enough to meet Burrup's requirements. And there is plenty more gas if they want it.
    The fact that Western Australia's gas supply was so dependent on one source is not the JV's problem - someone had to be first and people buying gas are all of sound body and mind and have taken plenty of expensive advice.
    And lastly I have faith in the letter of the law and the fundamentals of limited liability companies - what is written is what matters.
    Some of the spruiking going on here is for those enjoying the short opportunity. And others are shorting to protect their long positions.
 
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