TAP has been a disaster as the graph indicates. However most of this was legacy pre Hayden. What he has done is clean all of that up and position a small company with a chance. Small isn't ideal in oil they have to get bigger or get out. They wont survive at $100m. They have a good chance now over a short period of time to get back towards $1. Most of Haydens options are $1.50 I think so you can bet with 7m of them he will be doing his best with what he has got to realise north of that figure by 2016.
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