TAP 0.00% 7.8¢ tap oil limited

Ann: Company Update & Capital Raising, page-44

  1. KSD
    1,876 Posts.
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    not me - cannot justify throwing more at it at this stage. Even though i think its a good move by the company - should make them pretty much out of the clutches of financiers for the short-med term as long as operationally the asset performs as expected...

    To be honest, I'm just looking to limit the damage by somehow this year the get the boat back on an even keel without these destructive headwinds that plagued us last year...If they said chatchai is history or manage to resolve those legal issues in a positive manner, and a more positive outlook on oil in general i'd be all over it...that said, i would have sold completely by now if it wasn't for Risco's entry, which has delayed my planned exit (and massive loss)...i figure, stay with the bigger money and see what happens in 2016. Surely their presence can only be a good thing compared to that wanker chatchai...
 
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