TAP 0.00% 7.8¢ tap oil limited

Ann: December 2016 Quarterly Report, page-96

  1. 1,900 Posts.
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    Ng
    With the resignations of both Troy and Anna Sudlow (investor relations responsibility), I think that there is too few staff to handle shareholder queries in the short term.
    From memory the company comprises 7 people going forward with two fairly new executives.

    It's all about pumping oil out of Manora with little effort for anything else.

    Btw - I totally disagree with your thoughts regarding using Manora funds for 'wildcatting' - this will not happen.
    At the moment they are desperately trying to get out of their Myanmar commitment and all the Aussie stuff has been mothballed (after being unable to find a buyer for any of it).

    It is now a totally different company and the jury is out as to whether it can rise again. Desperate days !
 
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